(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 that start in Uganda are said to fail in the next 3 to 5 years. There is therefore no prize for guessing that there are not many businesses or playbooks to read from when it comes to managing intergenerational succession in family-owned businesses. As such for Petua Kateeba, the matriarchal head of Crest Foam Limited, a family-owned manufacturer of mattresses in Uganda, there was no rule book to read from…
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