South Africa's New Cooperatives Act: A missed opportunity for small farmers and land reform beneficiaries

Lyne, M. and Collins, R. J. (2008) South Africa's New Cooperatives Act: A missed opportunity for small farmers and land reform beneficiaries. Agrekon, 47 2: 180-196. doi:10.1080/03031853.2008.9523796


Author Lyne, M.
Collins, R. J.
Title South Africa's New Cooperatives Act: A missed opportunity for small farmers and land reform beneficiaries
Journal name Agrekon   Check publisher's open access policy
ISSN 0303-1853
Publication date 2008-06-01
Year available 2008
Sub-type Article (original research)
DOI 10.1080/03031853.2008.9523796
Open Access Status Not yet assessed
Volume 47
Issue 2
Start page 180
End page 196
Total pages 17
Editor Fenyes, R. I.
Place of publication South Africa
Publisher Landou-Ekonomie Vereniging van Suid-Afrika
Language eng
Subject C1
070106 Farm Management, Rural Management and Agribusiness
919999 Economic Framework not elsewhere classified
Abstract Agricultural cooperatives are often viewed as appropriate vehicles to facilitate vertical coordination with, or horizontal integration between, small farmers who would otherwise be excluded from value-adding opportunities and disceming markets. In South Africa, renewed interest in development-oriented cooperatives saw the introduction of a new Cooperatives Act in 2005, along with support measures dedicated to 'emerging' cooperatives. This paper contends that the architects of the new Act discounted important trends in international legislation that would have made development-oriented cooperatives more versatile and given their members better access to capital and expertise through equity partnerships with private agribusiness firms. It is concluded that the new Act should be amended to admit non-patron investors as members, and to allow for non-redeemable and hence appreciable and tradable shares. Such innovations are emerging internationally, usually with a cap on non-patron voting power.
Keyword Agricultural Economics & Policy
Agriculture
AGRICULTURAL ECONOMICS & POLICY
Q-Index Code C1
Q-Index Status Confirmed Code
Grant ID GUN 2054254
Institutional Status UQ

Document type: Journal Article
Sub-type: Article (original research)
Collections: 2009 Higher Education Research Data Collection
School of Agriculture and Food Sciences
 
Versions
Version Filter Type
Citation counts: TR Web of Science Citation Count  Cited 8 times in Thomson Reuters Web of Science Article | Citations
Scopus Citation Count Cited 9 times in Scopus Article | Citations
Google Scholar Search Google Scholar
Created: Tue, 31 Mar 2009, 01:34:05 EST by Leesa Young on behalf of School of Integrative Systems