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SA lagging in women at level of executives
The Gender Disparity in SA report shows that at 10% the percentage of female CEOs in SA is behind the global average of 12%
Only 2.2% of JSE-listed companies have female CEOs and SA lags behind on female representation at the executive level, according to a Bain & Company report released on Wednesday. Women in SA remained under-represented in leadership roles in companies despite the existence of strong legislation and regulations, Bain & Co revealed in the report. The SA Gender Disparity report showed that the percentage of female CEOs in the country, sitting at 10%, was lower than the global average of 12%. The Businesswomen’s Association of SA reported that, according to its latest census, about 22% of directors were women, but only 7% were executive directors. According to Census 2011 data, 51.3% of the population is women and 48.7% men. Bain & Co found that women’s aspirations "for growth were higher than that of men, but their confidence took a dip once they came into junior-and middle-management positions". However, the report found that women at that level were on average 11% less confident than...
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