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Family businesses are adapting to a myriad of complexities

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As the new year unfolds, many business leaders across Africa are assessing the 2023 year to chart an increasing resilient path ahead. Last year, major key events unfolded that had global repercussions on supply chains, businesses and the leaders of those businesses.

REPORT | African family businesses need to transform to secure their...

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Approximately half of Africa’s family-owned businesses believe their customers do not trust them. This key finding from our Africa Family Business Survey 2023 should be viewed as a notable concern for the continent’s family businesses, many of which have spent decades crafting their legacy.

Optimising a family business and safeguarding relationships

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Family-owned businesses make up a significant portion of all businesses registered and operating in South Africa. In fact, family-owned businesses are today recognised as vital participants in, and contributors to, the country’s economy.

SURVEY | Board performance, fees and diversity for family businesses

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Herewith the results of Africa’s non-executive and independent directors’ fees, performance and diversity survey for privately-held and family businesses for 2020. The survey yields data and insights for business directors across Africa, providing a framework against which boards can reference their performance and fees.

External advisors grow family businesses quicker than relatives

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Bringing in external advisors to run family businesses may do little for family harmony and gatherings but it can make a substantial difference to a balance sheet, according to our new research, in collaboration with INSEAD and AvS- International Trusted Advisors.

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