Zimbabwe’s inaugural Family Business Summit is set to take place on February 19, 2025, at Cresta Lodge, Harare, bringing together business leaders, entrepreneurs, and industry experts to tackle the challenges of succession planning, generational wealth transfer, and sustainable governance. Hosted by Sharon Bwanya, Founder and MD of Red Couch Advisory, the summit will feature insightful presentations and panel discussions addressing the common pitfalls that often lead to the decline of family businesses beyond the first generation.

With family-owned enterprises making up 80% to 90% of privately owned businesses in Zimbabwe, the summit aims to equip business owners with strategies to navigate economic turbulence, resolve internal conflicts, and incorporate non-family professionals effectively. Esteemed speakers include Shingayi Mutasa (Masawara), Patrick Mavros (Patrick Mavros), Dr. Divine Ndhlukula (SECURICO), Dumisani Nomagugu Nkala (Telco), Tsitsi Mutendi (Family Business Advisor), and Warsha Joshi (Dare To Scale), each bringing invaluable expertise to the discussion.

Sharon Bwanya emphasized the importance of continuous dialogue and knowledge-sharing to ensure longevity in family enterprises. “Many businesses struggle to transition beyond the founder’s generation, leading to the loss of generational wealth. This summit is curated to provide solutions and insights tailored to Zimbabwe’s economic landscape,” she said. Entrepreneurs and family business owners are encouraged to register at www.rca.co.zw and take advantage of this exclusive opportunity to safeguard their business legacies.