Succession Planning

In our previous article on Succession Planning in Family-Owned Businesses, we profiled Nakumatt Holdings, a second generation retail family business that is taking a long-term view at their company’s longevity, sustainability and profitability. In contrast to Nakumatt Holdings, some families chose ...

Family-owned businesses constitute a dynamic and resilient component of the economic landscape in Africa. In Kenya, for example, family businesses generate nearly 60% of the country’s employment and are responsible for 78% of all new job creations.  According to the ...