KPMG Private Enterprise are pleased to release our third edition of the African family business barometer.
KPMG Private Enterprise are pleased to release our third edition of the African family business barometer, which this year was done in collaboration with the Nelson Mandela University Family Business Unit and the Africa CEO Forum. Our bi-annual survey, which was undertaken during the COVID 19 pandemic, received responses from family businesses in 9 countries across Africa. Family businesses face many challenges and the pandemic has tested their resilience, innovation and leadership during a difficult period.
The barometer also shows that the pandemic has had an impact on the confidence levels of respondents and uncertainty concerning the economic prospects for their family businesses over the next 12 months exists.
Interestingly, despite this uncertainty, they remain optimistic for the future and are well placed to take advantage of the recovery of their country economies.
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