review of warehouse receipt system and inventory credit initiatives in ...

CONTENTS
CONTENTS............................................................................................................................................. i
ACKNOWLEDGEMENT .....................................................................................................................iii
GLOSSARY OF ABBREVIATIONS .................................................................................................. iv
GLOSSARY OF ABBREVIATIONS .................................................................................................. iv
SUMMARY ............................................................................................................................................ 1
Introduction ....................................................................................................................... 1
Observations on the different approaches ......................................................................... 1
Policy conclusions and recommendations ........................................................................ 3
Specific proposals ............................................................................................................. 4
CHAPTER 1: INTRODUCTION .......................................................................................................... 7
Purpose and activities........................................................................................................ 7
Authors’ general approach ................................................................................................ 7
A note on terms: transferability and negotiability of warehouse receipts......................... 7
Why prioritise warehouse receipts? .................................................................................. 8
Report layout................................................................................................................... 10
CHAPTER 2: REVIEW OF INTERNATIONAL EXPERIENCE...................................................... 11
United States ................................................................................................................... 11
Latin America.................................................................................................................. 13
Eastern Europe and Former Soviet Union ...................................................................... 14
South Africa .................................................................................................................... 15
Conclusions arising from the above................................................................................ 18
CHAPTER 3: COLLATERAL MANAGEMENT AND RELATED
WAREHOUSING IN AFRICA ............................................................................................................ 19
CHAPTER 4: EASTERN & SOUTHERN AFRICA; MAIN FINDINGS BY
COUNTRY............................................................................................................................................ 21
Zambia............................................................................................................................. 21
Malawi............................................................................................................................. 23
Madagascar ..................................................................................................................... 24
Tanzania .......................................................................................................................... 25
Kenya .............................................................................................................................. 30
Uganda ............................................................................................................................ 33
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