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 Receipt System in Tanzania

1. Definition of Warehouse Receipts System

The Warehouse Receipts System 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.

2. The Objectives of Establishing Warehouse Receipts System in Tanzania.

The main objective of establishing Warehouse Receipts System in Tanzania was to foster the efforts of the government to formalise the existing marketing systems aiming at minimising various constraints hampering effective production and marketing of the agricultural produce. These constrains include post-harvest losses, poor quality, price fluctuations, lack of reliable market information, poor finance and polarised trade.
The government also aims at formalizing cross boarder business of agricultural commodities within and beyond the region of East Africa Community. It is the expectation of the government to improve the earnings of smallholder agricultural producers and small-scale traders of the commodity trade by reducing vices such as selling produce prior harvest, selling without using standards and approved weighing equipment, minimize of trade tariff barriers which will ultimately increase their shares and volumes in the marketing channels and encourage value addition.

3. The Benefits of the Warehouse Receipts System

The benefits of the WRS include:
  • i. Enabling holder of Warehouse Receipts who is the owner of the commodity to access loan from financial institutions;
  • ii. Minimizing risks and transaction costs to commodity traders and farmers in undertaking commercial operations;
  • iii. Empowering small scale farmers, traders and processors to participate more effectively on business of commodity to improve their efficiency and effectiveness in the market supply chain;
  • iv. Providing quality assurance and certification system;
  • v. creating a mechanism of getting reliable marketing information to different stakeholders;
  • vi. Increasing participation of indigenous commodity traders in the international trade;
  • vii. Encouraging local processing of primary products with a view of value addition and promotion of industrialisation;
  • viii. Enhancing access to proper crop storage facilities, reduce post-harvest losses and enhance food security;
  • ix. Supporting linkage for input supply sub-system;
  • x. Creating employment and contribution to national efforts in enhancing poverty reduction especially in the rural areas.
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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