FABCOS (the Foundation for African Business and Consumer Services) is a membership-based organization promoting the development of Black business in South Africa. By striving for their advancement through a multi-disciplinary approach, FABCOS helps its members secure economic Empowerment, self-reliance and self-respect. ..

With established offices in all nine provinces and active participation in formal business and governmental initiatives, FABCOS campaigns for the continual improvement of South Africa’s socio-economic climate for the benefit of its members.

As one of only four national business chambers, FABCOS actively lobbies and creates new growth opportunities for its members and businesses through their participation in the national associations it has established in nine business sectors.

Each FABCOS association leverages its collective bargaining power on behalf of its members to drive SMME (Small, Medium and Micro-Enterprise) development, particularly in Black townships and rural areas. Through training, mentoring and active participation, the associations promote professional business practices amongst their members and compliance with various statutory bodies.

Beyond Empowerment...  SIYAZENZELA  
(we do it ourselves)
 

Using the enterprises it has established to work with five of the sector associations, FABCOS facilitates wealth creation for its members. Each sector business uses individual FABCOS members and their companies as suppliers, contractors and customers in an innovative supply chain synergy to generate new wealth and to transform regional economies throughout the country.

FABCOS prides itself on being one of the few South African organizations to have achieved real Empowerment for its members. As a pioneer of post-BEE economic independence, FABCOS offers Black traders and professionals a diversity of scope for financial growth.

FABCOS' business and investment vehicles ensure the organization's commercial sustainability, enhance its monetary value to shareholders and create additional revenue streams, thereby establishing FABCOS as the leading broad-based Black-owned business in South Africa.

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