Cooperatives urged to diversify source of income

Speaking at the annual general meeting of Francistown Cooperative Society Limited on Saturday, Otlhabanye said that cooperatives are facing stiff competition from local and multinational companies, so they should diversify their sources of income in order to withstand competition or risk closing.

Said Otlhabanye: “Cooperatives should find a niche in the market and should strive hard to survive in today’s business environment that is dominated by a lot of technological advancement.