Cooperatives to digitally centralise operations

Biggie Butale
Biggie Butale

Local cooperative societies have begun a process to build a centralised digital database of their operations to reduce setbacks and financial losses.

The initial processes of the system development, dubbed, “All Cooperatives Management Information Solution (CoopMIS), are already underway with the project expected to start soon.

Board chairperson of Motswedi Savings and Credit Cooperative Society (Motswedi SACCOS), Sipora Tsonope said the project, which will cost around P4 million, is still at a tender stage.

Editor's Comment
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While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...

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