Rewind

Finweek English Edition - - INSIGHT - Buhle Nd­weni

sa­tion model while fol­low­ing its own model of ac­quir­ing a por­tion of core busi­ness value chains on be­half of co­op­er­a­tives’ mem­bers.

“It is our view that the SAWBCC pro­vides a plat­form and a col­lec­tive voice to fos­ter the in­ter­est of its mem­bers. It will also mo­bilise re­sources and train­ing to en­sure ca­pac­ity for op­er­a­tional ef­fi­ciency for in­di­vid­ual co-ops and en­trepreneurs,” ex­plains Qubeka.

Ac­cord­ing to the DTi’s Pro­mot­ing an In­te­grated Co­op­er­a­tive Sec­tor in South Africa 2012 – 2022 report, Government has noted the im­por­tance of co­op­er­a­tives re­ceiv­ing more recog­ni­tion across all sec­tors of the South African busi­ness land­scape. And in the next 10 years, the DTi will be im­ple­ment­ing the In­te­grated Strat­egy on the Devel­op­ment and Pro­mo­tion of Co­op­er­a­tives, where Government would be in part­ner­ship with co­op­er­a­tives at both pro­vin­cial and lo­cal level to turn them into self-sus­tain­ing en­ti­ties.

The world over, co­op­er­a­tives have been f lex­i­ble enough to ad­dress the so­cio-eco­nomic needs within so­ci­eties, putting them at an ad­van­tage over other en­ter­prises.

“The ex­ec­u­tive team con­sists of a team of women with di­verse skills and ex­pe­ri­ence: board room, com­mu­nity devel­op­ment, co­op­er­a­tives to corp cor­po­rate SA. Last, the rea­son why we will not no fail is be­cause some of us are gen­der ac­tivists... ac we are the only women who da dared to at­tempt such a com­plex busi­ness en­vi­ron­ment,” Ngut­shane ex­plains.

Per­haps hav­ing a na­tional na­tio co­op­er­a­tive apex like the SAWBCC in place could be one of the driv­ing forces South Africa’s co­op­er­a­tive sec­tor m may need to be recog­nised as a for­mal f busi­ness

en­tity. buhlen@fin­week.co.za

@buh­le­bezwi

Ann Ngut­shane

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