Browsing: Maggie Kigozi

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Victoria University Webinar On Survival Of Family Businesses In Africa: Mogul Maggie Kigozi Tips Ugandans To Have a Proper Succession Plan For Their Businesses

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Many times, businesses owned by families or transitioning into family businesses fail and die but with proper planning, this can be averted, Gideon Kirumira, the chairman of Trigger Enterprises Ltd said during a Webinar broadcast organized by Victoria University. “If you are a leader who founded the family business and took it to a certain…

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Business

Victoria University To Host Business Mogul Maggie Kigozi To Tip Ugandans On Business & Failure Of Family Businesses

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It is believed that family businesses account for 80% of companies globally but despite this milestone, according to researchers, only 30% survive to the second generation, 12% transit into the third generation and only 3% reach the fourth generation. This means that while many families start businesses, they quickly die once the proprietor dies. This…

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