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:
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:
Furthermore, all necessary data for reporting purposes is maintained on the system and reporting can be generated directly on Xasa EDU.
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:
Simplified B-BBEE Compliance:
Please click here for a demo of SimplyBEE.
Xasa offers a compelling value proposition for the following market participants:
For Large Corporates:
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:
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/
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 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: