KHAYELITSHA WOMEN STUDIED
Co-operative relationships ‘boost small businesses’
Co-operative relationships could be the solution for the challenges faced by small and medium enterprises, study shows
Co-operative relationships could be the solution for the challenges faced by small and medium enterprises, especially those owned by women, a new study has revealed. The yet-to-be-published study by the Wholesale and Retail Leadership Chair at the Cape University of Technology is titled Co-operative Relationships: a Channel for Sustainable Female-owned Informal Retail Businesses in Khayelitsha. Its authors recommend the promotion of co-operative relationships to develop informal businesses. The researchers argue such relationships are crucial for small businesses because they help to distribute information and other resources such as financial, material and emotional support to members. Because traders in the informal sector are generally not well-resourced, it is argued the use of co-operative relationships can increase their chances of success and sustainability. The government sees small and medium enterprises as the key jobs driver by 2030. However, while the National Developmen...