An Investigation on the Factors Influencing the Success and Failure of Co-Operatives in the Chris Hani District Municipality (CHDM), Eastern Cape Province, South Africa
In an era when the level of unemployment and poverty continues to be a challenge in both developed and underdeveloped nations, many countries have identified the need to strengthen the legislative frameworks that perceive co-operatives as resilient, vibrant, and viable economic alternatives. However...
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| Format: | Article |
| Language: | English |
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Noyam Journals
2023-09-01
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| Series: | E-Journal of Humanities, Arts and Social Sciences |
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| Online Access: | https://noyam.org/wp-content/uploads/2023/09/EHASS2023495.pdf |
| _version_ | 1797674359111811072 |
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| author | Sabelo Raymond Peter |
| author_facet | Sabelo Raymond Peter |
| author_sort | Sabelo Raymond Peter |
| collection | DOAJ |
| description | In an era when the level of unemployment and poverty continues to be a challenge in both developed and underdeveloped nations, many countries have identified the need to strengthen the legislative frameworks that perceive co-operatives as resilient, vibrant, and viable economic alternatives. However, there is a lot of literature pointing to the failure of co-operatives to live beyond five years. This study, hence, explored the factors that cause Co-operatives to fail despite the support received from governments. The study used a thematic analysis descriptive qualitative approach with data collected from five Co-operatives in the Chris Hani District Co-operatives in the Eastern Cape, Province South Africa. In-depth interviews were used in the study, as such, a narrative of verbatim accounts was used to derive themes and sub-themes for results analysis. The findings revealed countless aspects that hinder the progress of Co-operatives such as inadequacies associated with the lack of managerial skills for good governance, age gap among members and viewing the co-operative as just a project, not a business enterprise, political interference and infighting among members. The paper concluded that Co-operatives indeed offer a significant contribution to the socio-economic development and need to be effectively managed. The paper recommended that monitoring and evaluation instruments by funders and government departments responsible for registering and guiding co-operatives be developed. The study will help Co-operatives identify more ways of becoming successful and sustainable. |
| first_indexed | 2024-03-11T21:58:58Z |
| format | Article |
| id | doaj.art-b2e5527c345b44218e82260b359fbaf0 |
| institution | Directory Open Access Journal |
| issn | 2720-7722 |
| language | English |
| last_indexed | 2024-03-11T21:58:58Z |
| publishDate | 2023-09-01 |
| publisher | Noyam Journals |
| record_format | Article |
| series | E-Journal of Humanities, Arts and Social Sciences |
| spelling | doaj.art-b2e5527c345b44218e82260b359fbaf02023-09-25T15:53:15ZengNoyam JournalsE-Journal of Humanities, Arts and Social Sciences2720-77222023-09-014910721088https://doi.org/10.38159/ehass.2023495An Investigation on the Factors Influencing the Success and Failure of Co-Operatives in the Chris Hani District Municipality (CHDM), Eastern Cape Province, South AfricaSabelo Raymond Peter0https://orcid.org/0000-0003-0140-507XDirectorate of Learning and Teaching, Walter Sisulu University, Komani Campus, South Africa.In an era when the level of unemployment and poverty continues to be a challenge in both developed and underdeveloped nations, many countries have identified the need to strengthen the legislative frameworks that perceive co-operatives as resilient, vibrant, and viable economic alternatives. However, there is a lot of literature pointing to the failure of co-operatives to live beyond five years. This study, hence, explored the factors that cause Co-operatives to fail despite the support received from governments. The study used a thematic analysis descriptive qualitative approach with data collected from five Co-operatives in the Chris Hani District Co-operatives in the Eastern Cape, Province South Africa. In-depth interviews were used in the study, as such, a narrative of verbatim accounts was used to derive themes and sub-themes for results analysis. The findings revealed countless aspects that hinder the progress of Co-operatives such as inadequacies associated with the lack of managerial skills for good governance, age gap among members and viewing the co-operative as just a project, not a business enterprise, political interference and infighting among members. The paper concluded that Co-operatives indeed offer a significant contribution to the socio-economic development and need to be effectively managed. The paper recommended that monitoring and evaluation instruments by funders and government departments responsible for registering and guiding co-operatives be developed. The study will help Co-operatives identify more ways of becoming successful and sustainable.https://noyam.org/wp-content/uploads/2023/09/EHASS2023495.pdfchris hani district municipalityco-operativessocio-economic developmentgovernmentsuccessfailureeastern cape province |
| spellingShingle | Sabelo Raymond Peter An Investigation on the Factors Influencing the Success and Failure of Co-Operatives in the Chris Hani District Municipality (CHDM), Eastern Cape Province, South Africa E-Journal of Humanities, Arts and Social Sciences chris hani district municipality co-operatives socio-economic development government success failure eastern cape province |
| title | An Investigation on the Factors Influencing the Success and Failure of Co-Operatives in the Chris Hani District Municipality (CHDM), Eastern Cape Province, South Africa |
| title_full | An Investigation on the Factors Influencing the Success and Failure of Co-Operatives in the Chris Hani District Municipality (CHDM), Eastern Cape Province, South Africa |
| title_fullStr | An Investigation on the Factors Influencing the Success and Failure of Co-Operatives in the Chris Hani District Municipality (CHDM), Eastern Cape Province, South Africa |
| title_full_unstemmed | An Investigation on the Factors Influencing the Success and Failure of Co-Operatives in the Chris Hani District Municipality (CHDM), Eastern Cape Province, South Africa |
| title_short | An Investigation on the Factors Influencing the Success and Failure of Co-Operatives in the Chris Hani District Municipality (CHDM), Eastern Cape Province, South Africa |
| title_sort | investigation on the factors influencing the success and failure of co operatives in the chris hani district municipality chdm eastern cape province south africa |
| topic | chris hani district municipality co-operatives socio-economic development government success failure eastern cape province |
| url | https://noyam.org/wp-content/uploads/2023/09/EHASS2023495.pdf |
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