Strategic Objectives

The objectives for which FABCOS was established are to:

•   Advance the ideals of black economic empowerment.

•   Work towards the liberation of the economy from its historical constraints.


•   Protect and promote the interests of disadvantaged business people and consumers to enable them to benefit from the economy.

•   Strive for the gender equality of its members and the protection of children’s rights.

•   Improve the standards of business practices by rendering facilities, services and infrastructure to members and member associations.

•   Share resources and facilities in the best interests of its members.

•   Establish regional offices and resource centres according to provincial boundaries where there is a need, and to make these available to members.


•   Facilitate training and development programmes for members and member associations.

•   Provide all members with membership cards or certificates.

•   Facilitate interface and interaction between small business and established corporate businesses in the economy.

•   Encourage business ventures that create opportunities for and economically empower members.

•   Assist members financially, when so decided and distribute benefits to its members.

•   Create discussion forums with other business organisations on subjects of mutual concern.

•   Represent the interests of FABCOS members nationally and internationally, and to serve as a reference body for members or member associations.

•   Promote, draft, or assist in promoting or drafting any bill, or ordinance calculated to further the objects of FABCOS or its members

  • Make representations to local, Regional and Central Government on business and consumer issues, in consultation with and on behalf of its members.

Copyright 2012 Foundation for African Business and Consumer Services