Contact Us

Warehouse Receipts Regulatory Board
NIC Investment House 12th Floor, Wing "B"
Samaro Street
P. O. Box 38093
Dar es Salaam, Tanzania
Phone: +255 552 128 691
Fax: +255 222 128 692
Email: twlbwrs@gmail.com , info@wrs.go.tz

 
About Warehouse Receipts Regulatory Board

Warehouse Receipts Regulatory Board is the government agency under the Ministry of Industry and Trade. This agency was established under the Warehouse Receipts Act No. 10 of year 2005. With its mission of regulating and promoting the Warehouse Receipts System that ensures a fair and sustainable accessibility to formal credit and commodity marketing systems, is expected to be met by performing its functions of licensing the warehouse business, warehouse operators and inspectors and by administering the system in general. In doing so WRRB aim to reach its vision of being the leading organization in linking commodity producers to formal credit marketing using an effective way and efficient of Warehouse Receipts System.

Vision

To be a leading organization in linking commodity producers to formal credit marketing using an effective way and efficient of warehouse receipts system

Mission

To regulate and promote the warehouse receipts system that ensures a fair and sustainable accessibility to formal credit and commodity marketing systems.

Core value of WRRB

  • i. INTEGRITY - we ensure that all contracts and engagements, are carried out with maximum competence, quality and professionalism.
  • ii. ACCOUNTABILITY - we ensure enforceable decisions through predictable rules as well as full participation of the warehouse receipt system stakeholders.
  • iii. PEOPLE FOCUSED -we are caring employer who, through team work, serves warehouse receipt system stakeholders with maximum and considerable care.
  • iv. TRANSPARENCY -we fulfill our mandate in an ethical and open manner through respect of the law and proper use of official information.
  • v. RESPECT -we respect each other, our clients, impartial in service and courtesy to all.
  • vi. EXCELLENCE -we are leaders and innovators in pursuit of excellence in service loyalty to government and diligence on duty.
  • vii. GOOD GOVERNANCE - We are leaders to address issues of corruption, observe fairness and timely decision making
  • viii. LOYALITY TO THE GOVERNMENT - we comply with the government directives.

About WRS

The Warehouse Receipts System (WRS) denotes a kind of trade by which commodities are stored in a Licensed Warehouse(s), the owner of the commodity receives Warehouse Receipts which certifying the title of deposited commodities as of specific ownership, value, type, quantity and quality (grades). The Warehouse Receipt facilitates storage, future trade and access to credit, without necessarily moving the said commodities from the licensed warehouse. The Warehouse Receipts is therefore a document in hard or soft form issued in the warehouse by the Warehouse Operator, stating the commodities certified in the Receipts are held in the warehouse and at the disposal of the person named thereon. Read more