1) Depositor Details


  • Entity:


  • Contact:

    Mgwirizano Farmers Association
  • Physical Address:

    Lilongwe
  • Postal Address:

    Private bag 75
  • Tel:

    265888378612
  • Fax:


  • Email:

    hmdyetseni@yahoo.com
  • Proceeds Assignment:



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:

    3.26  MT
  • Total Draw Down:

    37.07 MT
  • Volume at Current Moisture:

    0.62 MT at 10.00 %
  • Volume loss at current Moisture:

    0.88 MT
  • Volume at Standard Moisture:

    0.64 MT

4) Storage Cost as of  27 May 2018


Cost codeCost (MWK)
Fixed Handling96,782.40
Bags and Bagging245,988.60
Daily Storage Fee1,864,466.82
Total2,207,237.82

Storage settled till : 27/05/2018
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)
30/08/2017Additional VolumeMgwirizano Farmers Association30.82
04/09/2017Additional VolumeMgwirizano Farmers Association2.90
22/09/2017WHR CreatedMgwirizano Farmers Association4.99
05/10/2017Additional VolumeMgwirizano Farmers Association1.62
14/05/2018Drawndown VolumeMgwirizano Farmers Association6.50
14/05/2018Drawndown VolumeMgwirizano Farmers Association12.32
14/05/2018Drawndown VolumeMgwirizano Farmers Association1.75
14/05/2018Drawndown VolumeMgwirizano Farmers Association1.00
14/05/2018Drawndown VolumeMgwirizano Farmers Association2.00
14/05/2018Drawndown VolumeMgwirizano Farmers Association1.00
14/05/2018Drawndown VolumeMgwirizano Farmers Association2.25
14/05/2018Drawndown VolumeMgwirizano Farmers Association4.25
14/05/2018Drawndown VolumeMgwirizano Farmers Association1.00
14/05/2018Drawndown VolumeMgwirizano Farmers Association1.50
14/05/2018Drawndown VolumeMgwirizano Farmers Association1.50
14/05/2018Drawndown VolumeMgwirizano Farmers Association2.00
ACE
Agricultural Commodity Exchange for Africa (ACE) - www.aceafrica.org – ace@aceafrica.org - +2651710204