Mahikeng- The National Department of Small Business Development (the dsbd) in partnership with the Bokone Bophirima Department of Economy and Enterprise Development hosted a Provincial workshop focusing on Co-operatives Development Act 6 of 2013, on Wednesday at Gaabo-Motho Resort in Mahikeng.
“The purpose of the workshop was to create awareness on the amendments and their implications to existing co-operatives with the aim of improving the sustainability of cooperatives” department spokesperson Dumisa Seshabela said.
The Amendment Act aims to strengthen governance, accountability and transparency, and provide for a differential dispensation for co-operative to reduce the regulatory burden to co-operatives.
Seshabela said the workshop was attended by approximately 150 cooperative members inclusive of youth, women and people with disabilities, representatives from government departments and municipalities within Bokone Bophirima.
Speaking at the workshop, Elize Koekemoer: Director for Cooperatives Policy, Legislation and Strategy (the dsbd) emphasized that all provincial authorities responsible for cooperative development should be aware of the changes in the legislation and its implications, as well as the requirements and responsibilities in the co-ordination of co-operatives development initiatives amongst the three spheres of government.
Koekemoer indicated that the Act advocates for the establishment of institutions that will empower cooperatives and respond to their challenges such as Cooperative Development Agency, Cooperative Tribunal and Cooperative Council
Patrick Sebitlo from Agro-preneur Business Incubation Centre encouraged other cooperatives to align to the new Cooperative Amendment Act and comply with other legislations that govern enterprises.
He echoed that co-operatives need to stop depending fully on government for assistance; rather they should be able to generate their own capital and only approach government for further assistance.
The Department is currently working on the Provincial Cooperative Strategy that will incorporate the new amendments to reduce unemployment rate especially amongst youth and women as small businesses are the key drivers of economic growth and job creation.
The Department will further conduct follow up workshops in all the districts to afford other co-operative members opportunity of interacting with the Amendment Act.
-TDN
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