Time flies with great content! Renew in to keep enjoying all our premium content.
Prime
Kenyan family businesses open doors to outsider professionals
PwC says family businesses will more than before require a strong combination of directors with right skills to tackle digitalisation. FILE PHOTO | NMG
About six out of 10 family-owned and run businesses in Kenya are now willing to bring in professionals from outside to help in running the venture, a new survey says.
The global survey on family businesses by audit and advisory firm PricewaterhouseCoopers (PwC), which incorporated views of 46 Kenyan family businesses, showed that the shift is driven by the desire by majority (83 per cent) of them to grow in the next two years.
