XASA EDU

Xasa Edu is a bursary and learnership marketplace that connects Learners, Institutions and Funders. Xasa Edu captures Academic Performance Monitoring & Reporting and helps funders identify talent for internship and employment opportunities.

“BACKGROUND:

Following the ‘Fees Must Fall’ demonstrations and the presidential announcement regarding free higher education in 2017, South African government has looked to the private sector to raise the required higher education funding. This movement led to an amendment in the B-BBEE Codes of Good Practice. The changes, which came into play from 1 December 2019 entail the following:

A sub-element for Bursaries was created with key targets:
- Target of 2.5% of leviable amount
- 4 available points.

Scholarships to now be included as part of Bursaries
Skills Development Expenditure target reduced from 6% to 3.5%
Available points reduced from 8 to 6.

The above amendment raises four key challenges for the private sector in order to respond to the above amendment. They are highlighted in the graphic below:

Xasa EDU is a marketplace that has been designed to meet the above-mentioned business challenges. By connecting the Learner, the Institution and bursary/learnership Funder in a single ecosystem. This online-based, free solution is easily accessible to all parties involved and offers the following benefits:

FOR LEARNERS:

Storing of base profiles (and supporting documents) for Learners required to apply for a place in an Academic Institution, as well as apply for student funding.
All documents are inspected by the Galelo team to meet quality standards.

FOR INSTITUTIONS:

Institutions can directly upload the Learner’s academic performance and progress.
Confirmation of Learner’s acceptance is captured by the Academic Institution itself.

FOR FUNDERS:

Funders can identify Learners for Internship and Employment opportunities directly.
The system links each Learner to an acceptance, by an Academic Institution, to the bursary funding to protect the Funder’s funds from misuse.

Furthermore, all necessary data for reporting purposes is maintained on the system and reporting can be generated directly on Xasa EDU.

Please click here for a process flow of the system. Xasa EDU is going live September 2020.

SIMPLYBEE

SimplyBEE is a B-BBEE reporting platform that aligns business strategy to regulations, performs real-time B-BBEE score calculations, GAP analysis, and safely stores verification documents.

SimplyBEE isn’t just a B-BBEE reporting platform, it’s a business management tool that adopts business management principles in its architecture. This solution was designed with the user in mind and makes it easy for people with little to no experience in B-BBEE legislation to embrace best practices right away. By leveraging SimplyBEE, you can save valuable time and effort by running your programs, preparing for verification, and submissions to the regulator, all on one platform.

SimplyBEE gives you:

Ease of Use:

Manage your scorecard elements across multiple business divisions and users.
Upload your operational data without pre-calculations via CSV or data integrations.
Set multiple targets on initiatives and scenarios that may affect your scorecard.
Generate customised reports for your stakeholder engagements.

Simplified B-BBEE Compliance:

Enjoy scorecard forecasting performance tracking and intuitive gap analysis.
Store program supporting documents on the system for later verification.
Rest knowing your file is ready for review by the verification agent on SimplyBEE.
Enable real-time prepopulation of your beta submissions (eg. WSP & ATR).

Please click here for a demo of SimplyBEE.

XASA

Xasa is a free interactive, online market that connects small businesses, large corporates and funders together in one place. The solution was conceptualised and developed by entrepreneurs with the mission to simplify economic participation for previously disadvantaged entrepreneurs in the country, while driving investment from large corporate buyers and funders in unexplored markets.

Xasa offers a compelling value proposition for the following market participants:

For SMEs:

Discover direct sales opportunities from corporate buyers;
Access working capital funding opportunities from various funders;
Apply for long term growth capital from investors

For Large Corporates:

Full end-to-end digitisation of procurement process and policy, including sourcing, contracting, delivery, invoicing and payment;
Reach expansive and diversified repository of validated suppliers at the click of a button;
Access a wealth of potential investee companies for Enterprise and Supplier Development purposes

For Funders:

Digital origination of working capital funding opportunities;
Simplified credit assessment review process in line with credit policy;
Automated ring-fenced deal structure for reduced default risk.

We are happy to announce that in February 2020 we embarked on a national campaign with MultiChoice’s Innovation Fund to source ESD beneficiaries across the country using Xasa. Through this launch, we have been able to strengthen our ability to:

Digitally source ESD beneficiaries across the country (free for SMEs);
Automatically shortlist applicants based on predefined criteria;
Facilitate a transparent approval process (including documentation); and
Systematically maintain and monitor (for compliance) candidate information.

Please click here for a demo of Xasa. You can also sign-up for free, post opportunities and market your business here: https://xasafrica.com/

GALELO ADVISORY

Galelo Advisory is a SME support consultancy that provides fit-for-purpose solutions to address risks in relation to Governance, Financial & Cost management, Legal & Compliance, and Sales & Marketing.

We have first-hand experience in being an Enterprise and Supplier Development (ESD) beneficiary, having benefited from an ESD program ourselves. Armed with learnings from that environment, we created and launched a SME business support program called Post-Investment Management (PIM) services.

PIM is a 5-Pillar business support service aimed at designing, implementing and monitoring fit-for-purpose business frameworks for investment and funding beneficiaries. Our framework enables businesses to operate and grow within a sustainable environment.

Our detailed execution plan entails the following:

Our client experience has given us the opportunity to help create sustainable value for many SMEs on behalf of our investor clients. Some of our notable achievements include:

The management of 31 investee companies in various sectors;
Assisting SMEs with raising over R190 million in investment, with assets of over R230 million;
The creation of over 450 jobs as a direct result of investments made;

AFRICA

Who we have serviced: