When Dr. Maggie Kigozi stepped into Crown Beverages Limited (CBL) in 1994 following the death of her husband and co-founder, Eng. Dan Kigozi, she wasn’t merely inheriting shares—she was inheriting…
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Sheena Ruparelia has established herself as a prominent force in Uganda’s business and socio-economic landscape, building on the foundation laid by her father, Dr. Sudhir Ruparelia. As a Director at…
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First of all, what is estate planning? Estate planning encompasses determining how your assets Will be preserved, managed, and distributed after your death or if you become incapacitated. Every family business…
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To ensure business stability and continuity in the event of the death of the founder as well as preserve intergenerational wealth, business owners/founders have been urged to prioritise estate planning.Estate…
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I&M Burbidge Capital, in collaboration with I&M Bank Uganda, International Finance Corporation (IFC), PKF East Africa and S&L Advocates, organised a groundbreaking symposium aimed at highlighting the importance of robust…
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Family business owners have a keen interest in sustaining the business as a family asset and as a legacy, according to PwC’s 2020 East Africa Family Business Survey. Estate planning…
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(This story is an adaptation from a conversation Petua Kateeba and Joseline Kateeba had with Akaego Okoye, for her African Business Stories Podcast) At least 70% of all small businesses…
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Rajiv Ruparelia, the Ruparelia Group Managing Director and heir apparent to the Ruparelia Group empire of over 28 businesses, turned 30 years. At 30 years, he is probably the youngest CEO of a business empire that is now in excess of USD 1 billion (UGX3.7 trillion). In this exclusive, candid interview, billionaire Dr Sudhir Ruparelia, the group’s founder and Chairman, spoke to CEO EA Magazine’s Executive Editor, Muhereza Kyamutetera about his slow but sure road to retirement and why he chose Rajiv to take over from him. Dr Sudhir, speaking from a skiing resort in Aspen, Colorado, in the United States of America, where the family is on a skiing holiday to celebrate Rajiv’s birthday, also gives tips on how to manage intergenerational succession in family businesses.
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