Kalahari Holdings was established in 1989 under the Registration Number 89/186 in terms of the Company Act, 1973 as amended. The company is wholly owned by the SWAPO Party. We have grown from a medium sized company to a large corporation with an asset base of over N$120 million. For the past 5 years, the company grew by almost 50%, having had assets of N$58 million in 2006 and N$120 in 2012.
Profits are re-invested to finance the company’s growth, development and expansionary programs in order to maximize profits. Furthermore, the company utilizes some of its earnings to finance its subsidiaries and other related entities in the form of grants and interest free loans. This form of financing is done as part of risk diversification and careful planning aimed at realizing overall good returns for the company, its subsidiaries and related parties.
Kalahari Holdings, together with its subsidiaries and joint ventures employ close to 300 permanent employees and also make use of seasonal and casual workers.