Full text article.Strong industrial economy requires contribution from various sectors including cooperative societies. This paper reports on the investigation about cooperative societies transactions towards industrial economy in Tanzania. The study was conducted at Tanzania Federation of Cooperatives limited (TFC) which is located at cooperative union building Lumumba street, Dar es Salaam. Specifically, the study examined whether TFC limits its transaction with non-members towards industrial economy. The methodology employed in the study was qualitative. The design of the study was single case study design. The sample size amounted to 17 respondents. Data collection methods included semi-structured interviews and documentary reviews. Results revealed that despite the rights reserved to members, the federation does not limit transaction with non-members towards industrial economy as attested through voluntary and open membership; inclusive education and training to members and non-members; unrestricted insurance matters; lack of discrimination; equal status between the old versus the new member; the use of cooperate name as representative of the entire cooperate sector. The study concluded that cooperative societies at the level of federation do not limit the transaction with non members. Among others, the study recommended that efforts should be made by the relevant authorities to ensure that cooperative societies especially at the level of federation in the country to adhere to the basic principles of their establishment in order to impact positively towards industrial economy in Tanzania.