South African National Apex Tertiary Cooperative (SANACO), Statement, 16
February 2015

 

 

State of the Nation Address by President J.G Zuma

 

 

The South African National Apex Tertiary Co-operative has taken note of the
recent developments announced by the State President on the need to support
the development of cooperatives and the SMME sector.

 

The SANACO welcomes the announcement by the State President for a 30% set
aside procurement for cooperatives as well as SMME's in identified sectors
of the economy and work of government.

 

Accordingly, this is in line with the Procurement Accord agreed with all the
partners at NEDLAC. Indeed this development signifies the fact that small
business is big business. With this action by the State President, we
believe that unemployment, poverty and inequality will be reduced.

 

Lastly, the SANACO condemns with the contempt it deserve the media's failure
to propagate the positive State of the Nation Address. This preoccupation by
media on the negative activities that happened in Parliament confirms that
the credibility of media as well as journalism in the country is decaying
and requires serious attention by the state and the authorities that
monitors this important space.

 

 

Released by the Office of the Co-operative Presidency

Mr Nndwakhulu Lawrence Bale

[email protected] 

082 744 8229

 

 

 

 

 

 

 

 

 

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