Black entrepreneurship in the real estate sector in Namibia: Constraints and prospects.

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dc.contributor.authorMooya, Manya M.
dc.date.accessioned2010-06-02T12:01:53Z
dc.date.available2010-06-02T12:01:53Z
dc.date.issued2003
dc.descriptionInternational Conference on Entrepreneurship (2003 Sep. 17-18 : Windhoek, Namibia)en_US
dc.description.abstractReal estate offers a number of opportunities for entrepreneurial activity, notably in the areas of esatate agency, real estate development and consultancy services such as valuation. The real estate sector is particularly attractive to entrepreneurs because of relatively low start up capital requirements and the potential for huge returns in relatively short times. The world over is replete with examples of real estate tycoons. Thirteen years after independence, a cursory examination of the real estate sector shows that Black Namibians have not taken advantage of the opportunities available in this sector in any significant way. This is most evident in the estate agency business, where historically, White firms dominate, and in valuation services. In fact Namibia has not even a single private real estate valuation firm operating in the country and has to rely on external consultants. This paper examines the constraints which militate against increased Black participation in the real estate sector in Namibia. Focussing on estate agency and property valuation services, it shows that there are institutional, regulatory and other factors which work against Black participation in the real estate sector. The paper concludes by suggesting ways in which this state of affairs can be improved.en_US
dc.identifier.citationMooya, M. M. (2003). Black entrepreneurship in the real estate sector in Namibia. Paper presented at the International Conference on Entrepreneurship, 17-18 September 2003, Windhoek Namibia.en_US
dc.identifier.urihttp://hdl.handle.net/10628/150
dc.language.isoenen_US
dc.publisherNUST.en_US
dc.subjectEntrepreneurship Conference, 2003, Windhoeken_US
dc.subjectReal estate business - Namibia
dc.subjectEntrepreneurship - Namibia
dc.subjectConferences and workshops
dc.subjectEntrepreneurs, Black - Namibia
dc.titleBlack entrepreneurship in the real estate sector in Namibia: Constraints and prospects.
dc.typeArticleen_US

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