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Contract farming involves agricultural production being carried out on the basis of an agreement between the buyer and farm producers. Sometimes it involves the buyer specifying the quality required and the price, with the farmer agreeing to deliver at a future date.
Farms to be reallocated to previously disadvantaged people are mainly bought from farm owners that wish to sell their farms. This is called the Willing buyer, willing seller principle. Any farm that is to be sold on the free market must first be offered to government. However, in 2005, government began expropriating commercial farms.
Although Namibian agriculture, excluding fishing, contributed between 5% and 6% of Namibia's GDP from 2004 to 2009, a large percentage of the Namibian population depends on agricultural activities for livelihood, mostly in the subsistence sector. Animal products, live animals, and crop exports constituted roughly 10.7% of total Namibian exports.
A real estate contract typically does not convey or transfer ownership of real estate by itself. A different document called a deed is used to convey real estate. In a real estate contract, the type of deed to be used to convey the real estate may be specified, such as a warranty deed or a quitclaim deed. If a deed type is not specifically ...
Namibia will kill more than 700 wild animals and distribute meat to those struggling with food insecurity as the country grapples with its worst drought in 100 years.
A house for sale by its owner. For sale by owner (FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property.
Erindi Private Game Reserve, located in central Namibia between Okahandja and Omaruru, is a privately owned protected wildlife reserve. Covering 65,000 ha (160,000 acres) [1] or 75,000 ha (190,000 acres), [2] Erindi was originally a collection of three adjacent cattle farms that were converted into a wildlife reserve in the 1990s.
Southern Africa is facing its worst drought in decades, with Namibia having exhausted 84% of its food. Namibia plans to cull 723 wild animals, including 83 elephants, and to distribute the meat to ...