1) Depositor Details


  • Entity:


  • Contact:

    Pyton Ngwira
  • Physical Address:

    nsaru
  • Postal Address:

    Box 49,nsaru
  • Tel:

    0999915814
  • Fax:


  • Email:

    pngwira@gmail.com

2) Warehouse details


  • Warehouse Name:

    Mgwirizano Farmer Organisation
  • Warehouse Manager:

    Ozious K. Nkhuzenje
  • Warehouse Operator:

    Mgwirizano Farmer Organisation
  • Warehouse Number:

    MgwirizanoWH
  • Location:

    LILONGWE
  • Fax:


  • Email:

    Onkhuzenje@aceafrica.org

3) Commodity Details


  • Commodity Name:

    Maize Grain
  • Variety:

    White Maize (non GMO)
  • Grade:

    ACE1
  • Crop Year

    2017
  • Quantity:

    91.98  MT
  • Total Draw Down:

    0 MT
  • Volume at Current Moisture:

    91.40 MT at 11.30 %
  • Volume loss at current Moisture:

    0.56 MT
  • Volume at Standard Moisture:

    92.51 MT

4) Storage Cost as of  15 Dec 2017


Cost codeCost (MWK)
Fixed Handling220,716.72
Bags and Bagging560,988.33
Daily Storage Fee386,112.13
Total1,167,817.18

Storage settled till : 15/12/2017
Amount Financed :
Final Settlement Till Date : 0
Accumulated Interest Till Date : 0
Placement : Owner

5) This Warehouse Receipt is subject to the terms and conditions stipulated in:

  • The ACE Warehouse Receipt Rules
  • The parties acknowledge themselves to be familiar with and to be bound by the defaults terms and conditions if applicable as stipulated generally by the Regulations of ACE.
  • ACE Arbitration Rules - Any dispute arising under this or in relation to this Warehouse Receipt shall be submitted to Arbitration in terms of regulation 38 of the regulations of ACE.

6) Audit Trail

DateDescriptionOwnerVolume(MT)
29/09/2017WHR CreatedMgwirizano Farmers Association38.84
29/09/2017Additional VolumeMgwirizano Farmers Association16.99
11/10/2017Additional VolumePyton Ngwira9.70
11/10/2017Additional VolumePyton Ngwira7.20
11/10/2017Additional VolumePyton Ngwira10.00
11/10/2017Additional VolumePyton Ngwira1.10
11/10/2017Additional VolumePyton Ngwira2.37
31/10/2017Additional VolumePyton Ngwira0.78
01/11/2017Additional VolumePyton Ngwira5.00
ACE
Agricultural Commodity Exchange for Africa (ACE) - www.aceafrica.org – ace@aceafrica.org - +2651710204