Established in 2002
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.
TO BE THE PREFFERED SERVICE PROVIDER FOR FAMILY BUSINESSES IN SOUTH AFRICA
ENSURE MEMBERS RECEIVE RELEVANT ADVICE | EDUCATION FROM COMPETENT SERVICE PROVIDERS