Economy

Govt embarks on capacity building for cooperatives in Sinda district

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The Ministry of Small and Medium Enterprise Development in Sinda District of Eastern province has embarked on training cooperatives in various skills meant to change their socio-economic status.

Sinda District Cooperatives Officer, Frank Chanda, noted the need for existing cooperatives, especially with the integration of the Constituency Development Fund (CDF) to be engaged and supported with various skills.

Chanda expressed optimism that they would help them to become relevant to the economic development of the district.

He regretted that most registered cooperatives only waited for government’s interventions even when CDF had been made readily available for them to access and improve their well-being.

Read more: Govt harps on ways to increase agric output amid drought

“With the training in financial literacy, record keeping, cooperative Management and business skills, the welfare of the cooperatives will change and be able to contribute to the development of the district.

“Once the capacity building trainings have been completed, viable cooperatives will be able to venture in various skills projects and businesses which will in turn bring job creation for youths and infrastructure development as they will be able to put up structures for a number of other projects,” Chanda said.

He encouraged cooperatives to take advantage of the availability of CDF and make agriculture as a business and not just a way of life if they were to improve their livelihoods.

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