1) Depositor Details


  • Entity:


  • Contact:

    Sekani Chikoza Tembo
  • Physical Address:

    Kasungu Boma
  • Postal Address:

    Kasungu Police,Box 6,Kasungu
  • Tel:

    265888877078
  • Fax:


  • Email:

    client@aceafrica.org

2) Warehouse details


  • Warehouse Name:

    Chilanga Warehouse
  • Warehouse Manager:

    Omnings Mkwala
  • Warehouse Operator:

    Chilanga Farmers Trust
  • Warehouse Number:

    ChilangaWH
  • Location:

    KASUNGU
  • Fax:


  • Email:

    omkwala@aceafrica.org

3) Commodity Details


  • Commodity Name:

    Maize Grain
  • Variety:

    White Maize (non GMO)
  • Grade:

    ACE1
  • Crop Year

    2016
  • Quantity:

    20.83  MT
  • Total Draw Down:

    16.74 MT
  • Volume at Current Moisture:

    19.60 MT at 10.50 %
  • Volume loss at current Moisture:

    1.84 MT
  • Volume at Standard Moisture:

    20.00 MT

4) Storage Cost as of  28 Apr 2017


Cost codeCost (MWK)
Fixed Handling52,592.40
Bags and Bagging198,160.65
Daily Storage Fee1,004,444.35
Total1,255,197.40

Storage settled till : 28/04/2017
Amount Financed : 4970210
Final Settlement Till Date : 678326.8
Accumulated Interest Till Date : 1650706.27
Placement : Financed By First Merchant Bank

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)
25/05/2016WHR CreatedSekani Chikoza Tembo37.57
29/03/2017Drawndown VolumeSekani Chikoza Tembo16.74
ACE
Agricultural Commodity Exchange for Africa (ACE) - www.aceafrica.org – ace@aceafrica.org - +2651710204