History

The first Namibian co-operative, Farmers Co-operative Union (FCU), was founded in 1946. It operated as a branch, situated in Cape Town, with an initial marketing focus on wool and karakul pelts, produced by Namibian farmers. In 1949, Port Elizabeth based organisation Boeresaamwerk Bpk. opened its doors in Namibia, operating with the same objectives as the FCU.

Over the years, both co-operatives extended their operations to become fully-fledged agricultural co-operatives in direct competition with each other. On 1 July 1975 they eventually joined forces by founding one single co-operative, the Boere Koöperatief Beperk (BKB). BKB was still controlled by South Africans, although Namibians were represented on the board of directors.

The desire for an independent control by farmers and the agricultural community over Namibian operations resulted in the foundation of an independent co-operative for Namibians.

AGRA (Co-op) Ltd. took over the operations of BKB on 1 July 1980 forming the first Namibian agricultural co-operative.

After 33 years of building a successful business, Agra converted into Agra Limited on 1 February 2013, a public non-listed company, in order to adapt to the ever-evolving trends in agricultural and business world. A broader capital base provides Agra with the facilitation of investment and working capital in order to upgrade its infrastructure, expand its branches and business portfolio.

Corporate News

Agra Limited’s 7th annual general meeting in December last year brought two firsts for the company, the first time that two ladies were elected to serve on the board of directors and the first time that Agra as a public company declared dividends. At the AGM, members were informed regarding Agra Limited’s financial performance of the 2016/2017 financial year, which showed the impact of...

Upcoming Auctions

23
Feb
JOINT BOER GOAT PRODUCTION AUCTION ...
Time: 12:00
Contact: Jacky Isaacs
23
Feb
Otavi Commercial Livestock Auction...
Time: 10:00
Contact: Wolfgang Falk
27
Feb
Okahandja Commercial Livestock Auct...
Time: 10:00
Contact: Jaco du Preez
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