Sales Contract
The buyer agrees to buy and seller agrees to sell the following goods on the terms and conditions mentioned under.
| CONTRACT NO: SAFAL/SCA/8/2026 | Dated: 19 Feb 2026 | |||
| SELLER |
Southern Africa Ferro Alloys Ltd. Plot 397A/D, Makeni Area Road, Off Kafue Road, P.O Box 50854, Lusaka, Zambia |
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| Buyer |
Scaw Limited 1316 Dr. Aggrey Avenue, Heavy Industrial Area, PO Box 20418, kitwe, Zambia |
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| COMMODITY | SPECIFICATION | QUANTITY | PRICE (US Dollar) | TOTAL AMOUNT |
| Ferro Manganese | Mn -75% Min, Si- 1.5% Max, S-0.05% Max, C 6-8% Max, Phos -0.30% Max 50-150 MM (90% Min) |
30 MT 1 MT Big Bags |
1000/MT | US Dollar 30000 |
| TOTAL | US Dollar 30000 | |||
| PACKING | 1 MT Big Bags | ORIGIN | Zambia | |
| DELIVERY TERMS | FOT | SHIPMENT | Dispatch from factory in 2 days of prepayment | |
| LOADING PORT | SAFAL Plant, Kanona | DISCHARGE PORT | Scaw-Kitwe, Zambia | |
| TRANSSHIPMENT | Not Allowed | PARTIAL SHIPMENT | Not Allowed | |
| PAYMENT TERMS | 100% against PI before dispatch of the material | |||
| Documents | 1) Tax Invoice, 2) Packing list, 3) In House Test Report | |||
| SELLER'S BANK |
Seller's Bank Bank Name: Absa Bank Zambia PLC Account Name: Southern Africa Ferro Alloys Limited Account Number: 1005519 Branch Code: 02-00-01 Branch Name: Kafue House Swift Code: BARCZMLX |
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| BUYER'S BANK | ||||
| INSURANCE | Not Applicable | |||
| RISK | All risks shall pass to the Buyer at the time when the Product is Dispatched from plant to be accordance with Incoterms 2020 | |||
| INSPECTION | In-house test report to be issued by the producer | |||
| ARBITRATION |
All Disputes in connection with this Contract or the execution thereby shall be settled through friendly negotiations between the two parties. If no settlement can be reached, the case under dispute shall be settled at a place of jurisdiction commonly agreed to by both parties. The award rendered by the Arbitrator shall be final and binding on both parties. |
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| FORCE MAJEURE |
In case of Acts of God or any other case beyond the control of the parties, the party claiming it needs to prove it by presenting a confirmation issued by the Chamber of Commerce or equivalent government institution in accordance with the rules set by the International Chamber of Commerce (ICC Publication No-421). |
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Accepted and confirmed by:
The Buyer
Scaw Limited
Name:
The Seller
_____________
Name: