Succession Planning- Page 2

Sim Katende, Partner and Head of KATS’ Banking & Finance, Corporate & Commercial, Energy, Oil & Gas, M&A, Capital Markets and TMT Practices speaks at the Succession Planning Breakfast, organised by enjovu Family Business.

SUCCESSION PLANNING IN FAMILY-OWNED BUSINESSES: A Legal Expert View On Effective Estate Planning

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 needs
Left-Right: Sim Katende, Partner at Katende, Ssempebwa & Co. Advocates; Robin Bairstow, CEO, I&M Bank Uganda and Edward Burbidge, the CEO, I&M Burbidge Capital underscored the importance of proper estate planning supported by legal and financial advisers.

Start estate planning now or risk losing legacy and or the business altogether⏤ experts advise family-owned businesses

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 planning,
Left-Right: I&M Bank Uganda’s Sam Ntulume; I&M Burbidge Capital’s Edward Burbidge, IFC’s Anita Mwandha and S&L Advocates/DLA Piper Africa’s Paul Mbuga

Experts share best practices on governance and succession planning at I&M Burbidge Capital symposium 

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 corporate governance
LEFT-RIGHT: Joseph Kateeba (R.I.P_ an wife, Petua Kateeba founded Crest Foam Limited and built it into a major mattress maker, and have now passed it on to Josephine Kateeba, their daughter to run.

SUCCESSION IN FAMILY-OWNED BUSINESS: How Joseline Kateeba staged a friendly boardroom ‘coup’ against her mother at Crest Foam; and the beautiful unfolding story

(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

 

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