In the South African context, BEE is not only regarded as a moral and social imperative, but also as a
legislative one. BEE functions on two levels, namely the creation and sustenance of wealth, and the
creation of opportunities, in order to widen the economic sphere.
If successful transformation is to be achieved in South Africa, it is of vital importance that practical
suggestions for its implementation be investigated. The co-operative has been described by international
organisations like the International Co-operative Alliance, as a business enterprise that develops and /or
empowers people through self-help. Locally the co-operative both on SMME and large corporate scale
has been identified as a potential vehicle to drive the social and economic upliftment of the people of the
South Africa. The Co-operatives Act 14 of 2005 was promulgated to give effect to this. Co-operatives
have the following characteristics that make them ideally suited to the current South African situation:
they are versatile in their application, they are accessible enterprises as initial establishment is cost
effective and they are generally easy to establish, they provide both a social and economic function (dual
function) to their members, generally apply a one-member-one-vote-system in management thereby
promoting democratic principles, and they promote the concepts of individualism and autonomy within
their structures.
A successful co-operative enhances both individual and collective human dignity and promotes the
values of ubuntu, which uplifts people on all levels, thereby complying with both the social and economic
aspects of BEE in the creation of opportunities to widen the economic sphere. Furthermore, the cooperative
as an enterprise complies with the BEE scorecard as well as with the Codes of Good Practice
which were drafted by government in accordance with the provisions of the Broad-based Black Economic
Empowerment Act 53 of 2003.
| Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:ufs/oai:etd.uovs.ac.za:etd-04182008-103625 |
| Date | 18 April 2008 |
| Creators | Schoeman, Nicolene Francina |
| Contributors | Mr A de Lange, Ms M Conradie, Prof E Snyman-van Deventer |
| Publisher | University of the Free State |
| Source Sets | South African National ETD Portal |
| Language | en-uk |
| Detected Language | English |
| Type | text |
| Format | application/pdf |
| Source | http://etd.uovs.ac.za//theses/available/etd-04182008-103625/restricted/ |
| Rights | unrestricted, I hereby certify that, if appropriate, I have obtained and attached hereto a written permission statement from the owner(s) of each third party copyrighted matter to be included in my thesis, dissertation, or project report, allowing distribution as specified below. I certify that the version I submitted is the same as that approved by my advisory committee. I hereby grant to University Free State or its agents the non-exclusive license to archive and make accessible, under the conditions specified below, my thesis, dissertation, or project report in whole or in part in all forms of media, now or hereafter known. I retain all other ownership rights to the copyright of the thesis, dissertation or project report. I also retain the right to use in future works (such as articles or books) all or part of this thesis, dissertation, or project report. |
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