The Warehouse Receipt System was established in Uganda in 2006 by the Ministry of Trade, Industry and Cooperatives. It is governed and regulated through the Warehouse Receipt System Act of 2006 (WRS Act, 2006) and regulations there of 2007. Section 3 of the WRS Act, 2006 provides for the establishment of the Uganda Warehouse Receipt System Authority, whereas sec. 7 establishes the Board of Directors of the Authority.
It is defined as a system where Commodities can be used as security/collateral for financing (Inventory Credit).
The issuer of the Warehouse Receipt will certify the deposit of commodities, hold the commodity in safe custody until the depositor or a new ascertained buyer claims the goods.
The Warehouse Receipt System was established in Uganda in 2006 by the Ministry of Trade, Industry and Cooperatives. It is governed and regulated through the Warehouse Receipt System Act of 2006 (WRS Act, 2006) and regulations there of 2007. Section 3 of the WRS Act, 2006 provides for the establishment of the Uganda Warehouse Receipt System Authority, whereas sec. 7 establishes the Board of Directors of the Authority.
It is defined as a system where Commodities can be used as security/collateral for financing (Inventory Credit).
The issuer of the Warehouse Receipt will certify the deposit of commodities, hold the commodity in safe custody until the depositor or a new ascertained buyer claims the goods.
The board of Directors Sworn in to uphold the Institution
Uganda Warehouse Receipt System Authority (UWRSA) on its 3rd Annual Stakeholders meeting in Jinja, conveyed to Uganda,…
Uganda Warehouse Receipt System Authority did a sensitisation publicity on the National Budget Exhibition Week of…
The Managing Director @uwrsa concluding the presentation on warehouse receipt system & calling upon all members of @unffe to embrace the system for the good of our farming fraternity & the nation at large. @KKatungisa @Kamuganga
Managing director, UWRSA discussing benefits of the warehouse receipt system during the launch of Agri Hub and partnership with @tgcuganda and StarAgri https://twitter.com/i/web/status/1583426019234496512
UWRSA witnessed the launch of Agri Hub and signing of an MOU between @tgcuganda and StarAgri a warehousing company. This strategic relationship will improve access to standard agricultural storage facilities for small and medium scale producers
Government through @uwrsa is supporting and standardizing storage facilities with equipment and the entire requisite infrastructure to enable implementation of Warehouse Receipt system and exports promotion.@mtic_uganda
#UWRSAUpdates
Establishment of Market Information Services
The Permanent Secretary @mtic_uganda @SsaliGeraldine swore in the new Board of @uwrsa today at Imperial Heights Hotel in Kampala. #TradeAndIndustryUg
The warehouse receipt system concept is about the use of commodities as collateral against which credit financing can be advanced to the owner of the commodities.
#HarvestMoneyExpo
#HarvestMoneyExpo sponsors @uwrsa are the regulators of the warehouse receipt system. This concept helps farmers to get into the money economy.
Our Board Director and Executive Director, Private Sector Foundation Uganda (PSFU), Mr Gideon N Badagawa passed away today. A truly great resource to this country. We pray for friends and family to remain strong in the face of such tragic loss. May his soul rest in eternal peace.
The varieties we've so far released are:
Climbers: NABE 26C, NABE 29C, NAROBEAN 4C, NAROBEAN 5C
Bush beans: NABE 15, NABE 16, NABE 17, NABE 18, NABE 19, NABE 20, NABE 21, NABE 22, and NABE 23.
Are you a cocoa farmer interested in exporting your products?
Find out about the requirements
https://ugandatrades.go.ug/
@mtic_uganda
@TradeMarkEastA
Marketing Support By @eacmarkup
Ok so now I realize I need mentors on this coffee journey. This morning I went to Bunjako for a chat with UG’s coffee man @Josephnkandu1 of @NUCAFE95. He taught me stuff but left me annoyed. We farmers do not own our coffee & Uganda earns less than 1% of the global retail price🤬