Under Apartheid colonialism, Namibians were ruthlessly and brutally exploited. After a long liberation struggle, Namibia finally gained independence from Apartheid South Africa in 1990. With independence achieved, the newly elected government was faced with the task of establishing democratic and legal framework aimed at taking Namibia into the next century.
Having laid the foundations of one of the most successful of the Sub-Saharan democracies, Namibia is now concentrating on economic development through the empowerment of its entire diverse population.
From the onset, the newly elected Namibian Government endorsed the governing Party Policy of National Reconciliation, thus fostering national unity and cohesion.
The constitution (which is the supreme law) bears witness to the vision of the founders of the Republic of Namibia.
Article 98, Principles of Economic Order states that:
The economic order of Namibia shall be based on the principles of a mixed economy with the objective of securing economic growth, prosperity and life of human dignity for all Namibians.
The Namibian economy shall be based, entirely, on the following forms of ownership:
2.1) Public
2.2) Private
2.3) Joint Public & Private
2.4) Cooperative
2.5) Co-ownership
2.6) Small Scale Family
This offers vast opportunities to Namibians and foreigners alike, to conduct business in Namibia, as the playing field in the business environment has been leveled. For the first time, a legal and just policy towards doing business in Namibia has been designed in such a manner as to give equal opportunities to all Namibians and ample opportunities to foreign investors alike.
The original shareholders of Naras Investment saw this new arising opportunity and registered the company in November 1991. The company is privately owned and has no political, religious or racial affiliation, although it was initiated by members from the previously disadvantaged section of the population. The shareholders of the company are from various backgrounds reflecting the worthy cultural diversity of the Namibian society.
Naras Investment (Pty) Ltd is a multi faced sectoral business group. It business entrepreneurship in the following sectors are Property Development and Management, Fishing, Manufacturing, Hospitality, Trading etc.
