Aga Sekalala Jr. on Cross-Generational Family Businesses

Viewpoints with Brenda

Aga Sekalala Jr. is a Ugandan entrepreneur, investor, business executive and innovator. Aga is the founder, former CEO and executive chairman of Radio Simba, one of Uganda’s most popular radio stations. He is also the Executive Director of Ugachick, a major poultry operation in Uganda, a former Board Chair of KCB Bank and a former Board member of the Uganda Investment Authority and the Uganda Export Promotion Board. Aga is currently the Vice Chairman of the Uganda Manufacturers Association and Chairman of the Poultry Producers of Uganda.
Aga speaks about his experience in managing one of the most successful cross-generational businesses in Uganda -- from the role stewardship, mentorship and family principles have played in the business to the importance of financial readiness. Aga also speaks about balancing family dynamics in a family business and the advantages of vertical integration to his family's poultry business. Aga also speaks about why (for now) institutional investors are preferred to venture capital or private equity as a source of funding for his family's business.