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Apr 23, 2021 Africa’s family business leaders are optimistic and ambitious about their growth and economic recovery for 2022. Although the overall outlook for family businesses is positive, business owners will need to address the challenges and opportunities that come with digital transformation, family governance and succession planning as well as addressing sustainable business practices. These are some of the key highlights from PwC Africa’s Family Business Survey 2021 released today. The majority (89%) of African family businesses anticipate a return to pre-pandemic growth rates by 2...

Feb 17, 2021 In a year where business has had to transform the way it meets the needs of society and the environment, family-owned businesses risk falling behind. While more than half (55%) of respondents to a new global survey of 2 801 family business owners saw the potential for their business to lead on sustainability, only 37% have a defined strategy in place. European and American businesses are lagging their Asian counterparts in their commitment to prioritising sustainability in their strategy. Seenty-nine percent of respondents in mainland China and 78% in Japan reported ‘putting su...