The Malta Co-operative Federation has submitted its proposals for Budget 2024 to the Maltese Government. The proposals aim to create a more co-operative economy where the individual, rather than profits, is given priority.  The co-operative model, which is based on democratic member participation and fair distribution of wealth, is the obvious solution if Malta wants to find a new economic model that respects communities, puts people’s holistic wellbeing as a priority and is sustainable.  The proposals include the creation of a taskforce to make recommendations on a regulatory framework for worker buyouts (workers buying their place of work); updating of the legislation regulating [...]

Today, the University of Malta (UM) and the Malta Co-operative Federation (MCF) have signed an MOU with a view to collaborate in promoting the co-operative model of doing business. UM and MCF already have a track record of working together in promoting this model among UM students. Through this MOU, both parties are committing to improve on the already established working relationship in order to: Promote the co-operative model of enterprise among all UM students Explore areas of potential co-operative endeavours Set up of new co-operative enterprises Offer internship opportunities for UM students in a co-operative setting Conduct research [...]

As part of its work to promote a more co-operative economy, the Malta Cooperative Federation has submitted a report to Malta Enterprise with a view to make all Malta Enterprise schemes accessible to co-operatives. The report includes an analysis on all 27 Malta Enterprise schemes with an assessment on whether co-operatives can access them and makes specific recommendations when a scheme is not fully accessible to co-operatives. MCF’s report notes that a number of Malta Enterprise schemes are not open to co-operatives at all, while others need updating to ensure that co-operatives can fully access them. It is MCF’s [...]

Today the Malta Co-operative Federation and SEAM - Social Entrepreneurs Association Malta signed an MOU agreeing to work together to develop and promote the social economy in Malta. The social economy includes enterprises that put the primacy of people over profit and the reinvestment of most of the profits for a collective interest. The social economy has huge potential in all economic sectors in Malta and the signing of this MOU brings together two entities that have already been working for the promotion of this sector. We're stronger together.

Malta's co-operative potential was discussed in detail with the Leader of the Opposition Hon Dr Bernard Grech and the Opposition's Spokesperson on co-ops Hon Robert Cutajar. The meeting was held this afternoon at the Nationalist Party Head Quarters in Blata l-Bajda. MCF CEO, Mr Rolan Micallef Attard explained how cooperatives bring democracy to the workplace where members partake fairly in the wealth generated. The Malta Co-operative Federation wants to see political consensus when it comes to making Malta a more cooperative society.