The founders curse: How listing on NSE is family- owned business' best survival bet

DNNSE2608SD

Nairobi Securities Exchange (NSE) on the trading floor of the Exchange building. 

Photo credit: File | Nation Media Group

It always comes as a surprise when a once thriving brand is brought down to its knees, yet, it’s not so surprising when the root cause is succession.

The third generation curse manifests as a staggering decline in the survival rate of mostly family-owned enterprises to 13 percent by the third generation.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.