ABOUT US

Established in 2002

Founding members

André Diederichs : Chief Convener
Prof. Elmarie Venter : NMMU
Fanie van der Merwe : Original President
Riana Grobler : Old Mutual
Leon Diederichs : ELI

FABASA is the official mouthpiece for family businesses in South Africa and promotes the total development and sustainability of family businesses throughout South Africa.

Membership is free for Family-Owned Businesses. Service providers will determine the cost of respective services.

Family Owned Business Criteria are:

  • The majority shareholding belongs to the family
  • The family controls strategic business decisions
  • The family has the intention to preserve the businesses for future generations

FABASA enlists the active co-operation and support of stakeholders and ensure that competent consultants, service providers and advisors service its members.

FABASA shall endeavour to address these objectives through:

  • service providers to ensure best practices for family businesses;

  • educational sessions for members and stakeholders via digital workshops;

  • electronic means of interaction;

  • communication via newsletters on our website

  • facilitate the accreditation of family business consultants and financial advisors to support family business members;

  • any other means which may further the above objectives.

VISION

TO BE THE PREFFERED SERVICE PROVIDER FOR FAMILY BUSINESSES IN SOUTH AFRICA 

 

MISSION

ENSURE MEMBERS RECEIVE RELEVANT ADVICE | EDUCATION FROM COMPETENT SERVICE PROVIDERS 

VALUES