1) Depositor Details


  • Entity:


  • Contact:

    Africa Rising
  • Physical Address:

    Chitedze
  • Postal Address:

    Box 30258,Lilongwe
  • Tel:

    265994712227
  • Fax:


  • Email:

    vimbayic@gmail.com

2) Warehouse details


  • Warehouse Name:

    RAB Dedza SRAM
  • Warehouse Manager:

    Drutten Namalina
  • Warehouse Operator:

    RAB PROCESSORS LTD
  • Warehouse Number:

    RAB Dedza SRAM
  • Location:

    DEDZA
  • Fax:


  • Email:

    dnamalira4@gmail.com

3) Commodity Details


  • Commodity Name:

    Beans
  • Variety:

    Soya
  • Grade:

    ACE1
  • Crop Year

    2017
  • Quantity:

    0.54  MT
  • Total Draw Down:

    0.48 MT
  • Volume at Current Moisture:

    0.52 MT at 11.00 %
  • Volume loss at current Moisture:

    0.02 MT
  • Volume at Standard Moisture:

    0.53 MT

4) Storage Cost as of  24 Apr 2018


Cost codeCost (MWK)
Fixed Handling2,038.80
Bags and Bagging6,626.10
Daily Storage Fee24,544.08
Total33,208.98

Storage settled till : 24/04/2018
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)
17/11/2017Splitted from 2017/176Africa Rising1.02
30/03/2018Drawndown VolumeAfrica Rising0.48
ACE
Agricultural Commodity Exchange for Africa (ACE) - www.aceafrica.org – ace@aceafrica.org - +2651710204