DRAFT POLICY ON REVAMPIANG NAMIBIAN CO-OPERATIVES READY

The team assigned to review Namibia's National Co-operative Policy has presented the revised and draft policy to Minister of Agriculture, Water and Forestry John Mutorwa.

Stakeholder consultation on the revision of the 1992 National Co-operative Policy, to amend some of the unclear principles and aspects of the policy, has been ongoing since 2012.

Co-operatives in Namibia are generally farms, businesses or other organizations owned and run jointly by imembers who share the profits or benefits.

The Chairperson of the Co-operative Advisory Board (CAB), Ronny Dempers said the main reason for reviewing the policy and legislative environment is to provide clarity and direction to the co-operative movement in Namibia to enable it to excel.

He noted that the current policy states that "the government shall treat co-operatives no less than on equal terms compared with other forms of enterprises in the country".

Dempers said co-operatives are currently not on equal footing with other enterprises and are not government institutions but member-owned and controlled businesses.

He said the government has the responsibility of creating the needed policy environment, adding that the government has the duty to provide other interventions through procurement that favour co-operatives in view of the socio-economic role they fulfil.

Source: NAM NEWS NETWORK.