Cornelius Mweetwa, the Minister of Southern Province, is urging cooperatives to increase their productivity in order to promote economic growth. The government is committed to supporting a strong cooperative movement that can generate wealth and create job opportunities, particularly for women and youth in the province. By working together and increasing their efficiency, cooperatives can play a vital role in driving economic development and improving the lives of people in the region.
In order to promote economic growth, Mr. Mweetwa is urging cooperatives to focus on increasing productivity through value addition projects for locally produced goods. By adding value to their products, cooperatives can not only improve their own profits but also contribute to the overall economic development of their communities.
During the launch of the Provincial Cooperative Development Fund in Choma, Mr. Mweetwa emphasized the importance of increasing productivity within cooperatives for the sake of economic growth. His message was delivered through a speech read on his behalf.
To help address the financial challenges that many cooperatives face, the Cooperative Development Fund has been established. By working together and utilizing resources effectively, cooperatives can play a vital role in driving economic development.