SUNBIZ

Target 100 Aimed At Cooperatives

Fiji Cooperatives businesses represent a strong, vibrant and viable economic alternative for people. It enables like-minded people to pool resources together and work towards a common economic goal. Permanent Secretary
28 Jan 2018 09:23
Target 100 Aimed At Cooperatives
Ministry of Industry, Trade and Tourism Permanent Secretary Shaheen Ali

Fiji Cooperatives businesses represent a strong, vibrant and viable economic alternative for people.

It enables like-minded people to pool resources together and work towards a common economic goal.

Permanent Secretary for Industry, Trade and Tourism, Shaheen Ali, stated this at the opening of the Co-operative Business Divisional Workshop on Thursday at Fiji Teachers Union Hall, Berry Road, Suva.

Target 100 intiative

The aim of the workshop was to launch the Target 100 initiative in the Central/Eastern Division and secondly to discuss the formation of the National Cooperative Federation.

“Target 100 is an initiative of the Fijian Government to assist and guide 100 cooperatives around Fiji to be fully compliant with the Cooperatives Act.

“This means, that the Department of Cooperatives Business will work closely with 100 selected cooperatives in the divisions to ensure that their by-laws and procedures are in line with the requirements set out in the Act.

“There are 400 currently operating cooperatives in the following sectors: Consumer marketing, Agricultural, Service Industries, Forest, Fisheries, Land Holdings, Tourism and Thrift and Credit,” said the Permanent Secretary.

“Through the Target 100 initiative we will be able to understand the constraints and common problems that are faced by the cooperatives businesses. And we will work with them to address those problems.

“We want our cooperatives to thrive and flourish into bigger enterprises. We want you to continue to contribute to the growth of the economy.

“Therefore, it is important that the concerns and interests of cooperatives are raised with relevant agencies in a collaborative manner.  Cooperatives also need to have an Apex body where all the cooperative can be members.

“This enables the cooperatives to have a combined voice at the national and international levels.

National Cooperative Federation

“Hence, the second objective of today’s workshop was to discuss and obtain feedback on the formation of the National Cooperative Federation.”

Mr Ali said the Fijian Government has provided the necessary budget to assist the formation and operationalisation of this Apex Body.

“It is anticipated that once established, the National Co-operative Federation will be able to access assistance and support from Apex Organisations internationally.

“Cooperative Training and capacity building will be among the main focus for the NCF.

“The NCF will work on strengthening the cooperatives movement in Fiji for improvement of the livelihoods of the people involved and the simply the betterment of the overall economy.

“I wish to reiterate that cooperatives are a very important part of the Fijian economy.

“Cooperatives model of doing business is one that is feasible at the community level as it allows for pooling of resources.

“This is where a community works as a team to achieve one goal, which is, maintaining a livelihood, creating employment, being able to provide for their families and even specialising in a business.

“Hence, the Fijian Government will continue to provide the necessary support that is required by the cooperatives.”

Feedback:  maraia.vula@fijisun.com.fj

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