Industry experts reveal that we’re not doing well in South Africa when it comes to gender equality at the executive level. The reports depicting the ugly truth are numerous, including the Business Women’s Association of South Africa’s (BWASA) 2017 Women in Leadership Census, PwC’s 2019 Executive Directors: Practices and remuneration trends report, or Bain & Company’s 2017 Gender (Dis)parity in South Africa. The question isn’t if a gap exists but how bad it is and how to close it.
For example, after Maria Ramos retired as Absa Bank CEO in February 2019, there were no female CEOs in the JSE Top 40 companies. Not until the recent appointment of Phuti Mahanyel-Dabengwa as CEO of Naspers, that is. There are certainly exemplary women heading up progressive South African enterprises, such as Lillian Barnard, Microsoft South Africa’s Managing Director since March 2019. But they are still the exception rather than the norm.
- Hits: 15