Warehouse Receipts Regulatory Board
NIC Investment House 12th Floor, Wing "B"
P. O. Box 38093
Dar es Salaam, Tanzania
Phone: +255 552 128 691
Fax: +255 222 128 692
Email: firstname.lastname@example.org , email@example.com
QUESTION / OBSERVATION
1. Who is the warehouse operator?A Warehouse Operator is Any person, group or association met the criterion as per warehouse Act No. 10 of 2005 on the standards and specification required to be a warehouse operator .
2. Is there any possibility for a farmer to sell a partial amount of crops under WRS system?Farmer are allowed to sell partial amount of crops under the system. However, to maintain and ensure farmers unity the system encourages farmers to work as a team and sell their product at once through their organizations.
3. Who is responsible to crops collection, cleaning, fumigation and packing under Warehouse System?Depositor has the responsibility to collection, cleaning Warehouse Operator has the responsibility to ensure the commodity received was in good condition before insecticide and packing for storage,
4. Banning the export of crops by the government is one of the major obstacles for farmers to market crops?This is happening due to poor information on crops being stored. The project hopes that the establishment of the WRS will improve the update of information and marketing. However, farmers are advised to add value to their product through processing in order to maintain the quality and price of the products
5. Why is the warehouse operator different from the depositor?The Warehouse Act No. 10 of 2005 explains in detail why the two actors have different roles. The warehouse is required to have a license, Revenue number and experience in the business to maintain the warehouse. It is difficult if the two roles of depositor and warehouse operator are done by the same actor because if there is a loss nobody will be responsible to cover or be responsible for losses.
6. Are there any strategies to rehabilitate our warehouse under the system?The TWLB under WIC project has set some amount for doing the minor repair to all pilot warehouses. However, the responsibility of refurbishment of the warehouse is for farmers associations, District council and other potential funder depending on the development/activity priority.
7. In case of a loss of prices or damage of the crops in the warehouse, who is responsible to pay the loss?According to the conditions prescribed in the Warehouse Act No. 10 of 2005, the warehouse operator is responsible to cover the loss if the damage was caused by him.
8. What is the security of our crops during the storage in the warehouse? and who is responsible for the security in the warehouseThe Warehouse Operator is responsible to insure the warehouse before farmers deposit their commodity. Also the Warehouse Operator signs a bond with the government before starting to operate in the licensed warehouse.
9. Why is necessary to pass through our crops to primary cooperative society?To ensure farmers united and have a decision on marketing. Also through the system it easier for farmers association to apply and get the loan from bank and simplify implementation/operation of the WRS in record keeping. Moreover, in the association the farmers cost of operation on transport, insecticide and storage will be minimized.
10. What is the amount/number of bags individual will be allowed to deposit in the warehouse?The farmers are advised to store the access kg/bags out of the household food. it is a personal ability/capacity however, the storage can range from 20Kgs and above
11. There are challenges facing farmers/depositors in terms of crop quality and marketing. What are the set mechanisms the project plan to overcome those challenges?The challenges are there, we are working to determine how we can intervene in these challenges by having the training and support of some equipment like moisture meter to improve storage at the collection centre and possibly at the warehouses. However the expertâ€™s link farmers with other programs that address quality issues to facilitate farmers in planning, crop research, production and storage to ensure farmers are supported in improving production and to capture the market for their products.
12. Basing on the previous experience can you tell us how the Bank interest favourable to the farmers. What is the rate of interest?The bank interest is very minimal through the system. However Bank interest always became down as depositor being a good bank customers. However the WIC Project advised farmers to join on SACCOS to increase their capital for saving and lending services.
13. Depositor can be charged any cost to store the commodity in the warehouse?The depositor incurs some cost for storage, (fumigation, insecticide, transport, warehouse staff fees etc). However, through association farmers would not feel the cost compared to the profit expecting to gain from the price sale during the proper time
14. What is the period of storing the maize?The period of depositing the grains depend on the depositor needs, However, experience in Tanzania showing the grains to be stored between August-Jan/ February
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