Archive | Cooperatives

Preferential Procurement Regulations revised by Treasury

National Treasury has revised the Preferential Procurement Regulations, 2017, which were gazetted on 20 January 2017. According to the National Treasury, the regulations were initially promulgated in 2001 and revised in 2011, making this the second revision since the initial promulgation. “The revision of the Preferential Procurement Regulations of 2011 was largely influenced by the […]

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Posted in B-BBEE, Business, Cooperatives, Enterprise Development, Government, Prefferential Procurement, SMMEs, Supply Chain0 Comments

Pick n Pay in a landmark deal with stokvel body

Its peers are still indifferent to the billions that collectively stokvels nationwide are said to hoard, but Pick n Pay has broken the mold. Seeing a lot of growth potential in the stokvel market, the food and clothing retailer has partnered with the National Stokvel Association of South Africa in order to tap into the […]

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DEA calls for higher Khoi and San stake in Rooibos and Honeybush industries

Communities worldwide are becoming conscious of their right to an equitable stake in valuable resources that are located within their areas. In South Africa, the Department of Environmental Affairs (DEA) has recommended for the Khoi and San communities to have a higher stake in the Rooibos and Honeybush tea industries, following the findings of a […]

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A cooperative run entirely by entrepreneurs living with disabilities

They did not ask for handouts or beg for empathy from those who were willing to listen. Instead, realising that no one knew about their plight better than themselves, the people with disabilities decided to do something about their lot and established Sky Dreamers. Now with 40 members, Sky Dreamers, based in Motherwell, Eastern Cape, […]

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Co-operatives explosion not sustainable – trade unionist

On the surface, the phenomenal number of cooperatives registered annually (20,000 so we are told) is impressive. But don’t be deceived by statistics, warns Sipho Chris Gina, deputy general secretary of the Southern African Clothing and Textile Workers Union. He says there is a worrying trend: some – if not many – of the registered […]

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30% state procurement to motivate small businesses

For years small businesses have been complaining that they are at the tail end of the government procurement value chain. Hence, to address their plight, in his State of the Nation Address, President Jacob Zuma announced that government was to specifically reserve 30% of state procurement for small micro-medium enterprises, co-operatives and township and rural […]

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Posted in Cooperatives, SMMEs0 Comments

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