Since November 7, 2014, PMG has been working with a consortium of small and medium- sized private sector co-operatives in South Africa. The consortium, known as the National Co-operative Apex Forum (NCAF), draws its membership from tertiary level co-operatives operating in multiple sectors that include: financial services, housing, agriculture, transport and construction.
PMG is providing technical and strategic counsel to the NCAF as they seek accreditation as a National Cooperative Apex (NCA) entity, consistent with new requirements of the Co- operative Amendment Act, 2013. In April 2016, the NCAF reached an agreement with the Department of Small Business Development which will in part see the South African government assisting the forum to meet its institutional strengthening objectives. Ultimately, the NCAF’s mission is to position the co-operative movement in South Africa as a key and influential socio-economic and business actor.
South Africa, a middle-income country with a Gross Domestic Product of US$510 billion is the second largest economy in Africa after Nigeria. To boost what is viewed by many as a slow economic transition in post-Apartheid South Africa, the government (mainly through its National Development Plan) and using an enterprise development approach, has identified small business entry and expansion as a major economic growth and development priority. Within this context, the co-operative enterprise sector has emerged as a form of business with potential to create wealth for previously disadvantaged communities while addressing chronic challenges of poverty, employment and social inequality.