YCLSA welcomes announcement of Co-operatives Development Agency by Minister Davies

8 July 2012

The Young Communist League of South Africa welcomes the announcement made by Minister Rob Davies regarding the new Co-operatives Development Agency following our repeated call for co-operatives to be the preferred mode of business. We trust that the implementation will be speedy and not get delayed by bureaucracy.

The co-operative agency will go a long way in ensuring that co-operatives do not remain an option only for cleaning, public school feeding schemes and other basic services. The Agency must ensure that the co-operatives are capacitated in terms of skills and resources to operate fully even in the commanding heights of the economy such as banking, mining and IT.

We further call for the public and private sector to consider cooperatives as an alternative and preferred mode of business in line with the Minister`s call.

It is well known fact that co-operatives can serve to curb the increasing unemployment particularly amongst the youth and will further ensure the communities are directly responsible in their own service delivery and development; unlike the corrupt tenderpreneurial system which serves to illegitimately profit uncaring tenderpreneurs.

Issued by YCLSA HQ

Mangaliso Stalin Khonza
National Spokesperson
YCLSA
083 617 5546 (C)
011 339 3621 (O/H)
khonzam@gmail.com