Presentation on theme: "Presentation on the South African Federation of Burial Society (SAFOBS) Secondary Co operatives to the Burial Society Indaba Date: 28/10/2011."— Presentation transcript:
1 Presentation on the South African Federation of Burial Society (SAFOBS) Secondary Co operatives to the Burial Society Indaba Date: 28/10/2011
2 What is a Co-operative?“an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically controlled enterprise.”A membership based business organisation that must generate income for its sustainability as well as its members.
3 Principles of Cooperatives Cooperatives operate on the basis of principles and ethics of good practice;Open and Voluntary MembershipDemocratic Member ControlMember Economic ParticipationAutonomy and IndependenceEducation, Training and TransformationCooperation among Co-operativesConcern for Communities
4 Purpose to which Coops began to address the problems of economic and social development i.ePopular ownership of capital and equal opportunity of education and employment for all of societyConfront the potential poverty caused by replacement and displacement of labourCommunity as a means for human development
5 Types of CoopsService Cooperatives – are cooperatives established by members to receive decent services i.e SACCO’s, Consumers, Housing etcWorker Cooperatives – are formed by members to create decent employment to themselves i.e construction cooperatives, agricultural cooperatives etc
6 Key activities when forming a cooperative Development of an idea into a business planVerify and identify your market – do a feasibility studyEnsure that among the cooperative members a skills base for the industryCheck the funding possibilities for your ideaRegister yourselves as a cooperative
7 Support Opportunities to Cooperatives in SA SAFOBS-Secondary co operativesSANACO – cooperatives movementThedti – has an oversight policy responsibilityNational Development Agencies (NDA)Development Finance Institutions (DFI)Provincial AgenciesGovernment departmentsMunicipalities
8 SAFOBS believes that...Cooperatives can create more work and wealth opportunities to the majority of the peopleCooperatives can assist the government to reach its targets and ultimately eradicate povertyCooperatives develop communities socially, economically and culturally
9 ContinuePromote the concept and practice of a burial society – becoming the organized voice of the burial societies;Educate and train members in burial society organization and management;Share information through quarterly publication of Burial Society Voice newsletterMinimize of funeral costs, through bargaining and own insurance schemes.Engage in socio-economic projects, including consumer co-operatives, coffin production and sale and financial co-operative projects.
10 Thank You! Contact: Build the co-op burial society movement! Thulane MabuzaTel: +27 (0)Fax: +27 (0)Mobile: +27 (0)&