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.

Relay team hunts elusive gold

Nico launch late Houdini act

GU face Galaxy hurdle in title defence

Tables turn on disciplined forces

Softball constitution under scrutiny

Bodybuilders ready to flex muscles

UB Rhinos on the charge

Ditlhokwe returns after long term injury

Stakeholders must step up veggie supply