The CSL management team has over 25 years of combined experience in developing structured market solutions in Malawi; 7 years’ experience of direct management of warehouse operations in both urban and rural areas across Malawi; and 8 years’ experience monitoring stock at large agribusiness in major trading centers.
CSL was incorporated in August 2018 and has since received over 240,000mT of commodity (worth over $59,000,000) under CMA contracts and enhanced our service offerings to include not only traditional CMA with 24-hour surveillance but also stock monitoring, commodity analysis, and inspection services.
Check our seasonal statistics over the years, 2018-19, 2019-20, 2020-21, and
2021-22.
Season | Bank approvals | WHR Deposit Value ($) | Volume under WHR (MT) | Volume under CMA (MT) | Professional Indemnity (MWK) | Fidelity Guarantee (MWK) |
2018-19 | 1 | 3,382,187 | 20,880 | 20,880 | 550,000,000 | 0 |
2019-20 | 2 | 12,662,697 | 38,196 | 37,764 | 750,000,000 | 25,000,000 |
2020-21 | 4 | 13,273,534 | 52,715 | 52,326 | 750,000,000 | 25,000,000 |
2021-22 | 5 | 29,947,463 | 128,305 | 124,240 | 1,250,000,000 | 50,000,000 |
TOTALS | 5 | 59,265,881 | 240,096 | 235,210 | 3,300,000,000 | 100,000,000 |
Prior to establishing CSL, the CSL team was housed in the ACE Warehouse Department and managed over 120,000 MT with pledged finance worth USD 30 million across 40 warehouses under the ACE warehouse receipt system since 2011. The ACE Warehouse department managed all operations at these sites, in some cases project managing the construction and equipping of the sites from scratch. Many of these warehouses were rural sites and opened the door for smallholder farmers to access structured trade.
All Commodity Inspectors are trained and qualified grading experts, boasting qualifications in Grain Management and Warehouse and Warehouse Operations certified by AgriSETA of South Africa. This expertise and extensive internal training has well equipped the CSL team to successfully execute contracts for commodity handling (groundnuts) for a leading Tobacco–diversification company through 7 rural warehouses, and more recently stock monitoring at 35 sites for ADMARC across rural sites.
CSL has also been contracted to provide quality analysis to regional buyers. CSL has expanded its portfolio of services to include Stock monitoring, commodity verification, and training and is also contracted as a commodity buying agent for a leading Groundnut value chain
stakeholder.