Cooperatives urged to change business models

Thursday, June 08, 2017

Cooperative societies looking to leverage on the changing business environment should consider adapting their business models to fit the diversity of the market, an assistant minister has said.

Assistant minister of Investment, Trade and Industry, Biggie Butale said the changes in the business environment in terms of technological advancement, trade liberalisation and globalisation mean that cooperative businesses can no longer be run as socially-oriented businesses detached from modern business practices.

He, therefore, said cooperatives need to change their business approach to embrace modern business practices.

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Cooperatives urged to change business models

Cooperative societies looking to leverage on the changing business environment should consider adapting their business models to fit the diversity of the market, an assistant minister has said.

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

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Serowe woman ingests acid, attempts suicide

Serowe man 'loses' P1m in trading

Inspect the voters' roll!