1) Depositor Details


  • Entity:


  • Contact:

    Sweeny Mtegha
  • Physical Address:

    KASUNGU
  • Postal Address:

    POBox 211, Kasungu.
  • Tel:

    265999132119
  • Fax:


  • Email:

    client@aceafrica.org
  • Proceeds Assignment:



2) Warehouse details


  • Warehouse Name:

    RAB Kasungu SRAM
  • Warehouse Manager:

    Thomas Ibrahim
  • Warehouse Operator:

    RAB PROCESSORS LTD
  • Warehouse Number:

    RAB KU SRAM
  • Location:

    KASUNGU
  • Fax:


  • Email:

    thomibrahim@gmail.com

3) Commodity Details


  • Commodity Name:

    Maize Grain
  • Variety:

    White Maize (non GMO)
  • Grade:

    ACE1
  • Crop Year

    2017
  • Quantity:

    4.94  MT
  • Total Draw Down:

    5 MT
  • Volume at Current Moisture:

    4.94 MT at 11.50 %
  • Volume loss at current Moisture:

    0.01 MT
  • Volume at Standard Moisture:

    4.99 MT

4) Storage Cost as of  22 Oct 2018


Cost codeCost (MWK)
Fixed Handling19,889.00
Bags and Bagging64,639.25
Daily Storage Fee376,006.63
Total460,534.88

Storage settled till : 22/10/2018
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)
11/01/2018WHR CreatedSweeny Mtegha9.94
07/03/2018Drawndown VolumeSweeny Mtegha2.50
24/03/2018Drawndown VolumeSweeny Mtegha2.50
ACE
Agricultural Commodity Exchange for Africa (ACE) - www.aceafrica.org – ace@aceafrica.org - +2651710204