owned enterprises and community-owned enterprises as an effective pillar to transform South Africa into a mixed economic system which would serve the people of South Africa.
Fast forward to 2005, the ANC-led Parliament passed a Cooperative Act 14 of 2005 and the Cooperative Amendment Act 6 of 2013; and then deploy the resources to achieve this noble goal.
In 2009 the Department of trade and Industry, DTI, released a report indicating 88% failure rate of cooperatives, although government had invested in enormous resources to promote cooperatives.
In 2014 the Department of Small Business Development was established to champion development of cooperatives in South Africa and build the required capacity for cooperatives to flourish.
