CFA Society South Africa join Botswana, Namibia and Zambia stock exchanges to ‘ring the bell for gender equality’
More than 85 stock exchanges band together for International Women’s Month
06 March 2020 - 07:45
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The “Ring the Bell for Gender Equality” initiative is a partnership between the International Finance Corporation, the Sustainable Stock Exchanges initiative, UN Global Compact, UN Women, the World Federation of Exchanges and Women in ETFs.
These organisations encourage stock exchanges to participate in bell-ringing events to raise awareness about the business case for women’s economic empowerment.
In 2019, 12 African stock exchanges – all members of the ASEA (African Securities Exchanges Association) network – participated in this global event, but only three of them (SA, Botswana and Tanzania) are also members of CoSSE (Committee of Sadc Stock Exchanges). The other African exchanges that participated in 2019, were Egypt, Ethiopia, Kenya, Morocco, Nigeria, BRVM, Rwanda, Tunisia and Uganda.
CFA Society South Africa represents more than 2,000 members across Southern Africa, including Zambia, Namibia and Botswana. Through CFA Institute’s association with the African Securities Exchanges Association (ASEA), CFA Society South Africa supports the development of African capital markets. It is in this capacity that it has partnered with the Botswana Stock Exchange, Namibia Stock Exchange and Lusaka Securities Exchange to host a bell-ringing event in support of this global initiative, and in support of gender diversity and sustainability in the finance and investment industry.
“The case for asserting the role of women in finance and investments, equality in the workplace, and full participation in economic activity, is consistent with the known benefits of diversification in investments. Women represent the dominant force in spending decisions in the household, and an increasing voice in family finances, so this focus aligns well with demographic shifts,” says Visser.
“There is much further to go before we achieve gender equality, but today marks the start of a month of awareness and work to continue to build towards that important goal. We celebrate the progress that has already been made, and we encourage all market participants to keep gender equality considerations front of mind — not just for the benefit of women, but for the benefit of all investors and asset owners, and thus ultimately, the people of Africa.”
This article was paid for by CFA Society South Africa.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
CFA Society South Africa join Botswana, Namibia and Zambia stock exchanges to ‘ring the bell for gender equality’
More than 85 stock exchanges band together for International Women’s Month
The “Ring the Bell for Gender Equality” initiative is a partnership between the International Finance Corporation, the Sustainable Stock Exchanges initiative, UN Global Compact, UN Women, the World Federation of Exchanges and Women in ETFs.
These organisations encourage stock exchanges to participate in bell-ringing events to raise awareness about the business case for women’s economic empowerment.
In 2019, 12 African stock exchanges – all members of the ASEA (African Securities Exchanges Association) network – participated in this global event, but only three of them (SA, Botswana and Tanzania) are also members of CoSSE (Committee of Sadc Stock Exchanges). The other African exchanges that participated in 2019, were Egypt, Ethiopia, Kenya, Morocco, Nigeria, BRVM, Rwanda, Tunisia and Uganda.
CFA Society South Africa represents more than 2,000 members across Southern Africa, including Zambia, Namibia and Botswana. Through CFA Institute’s association with the African Securities Exchanges Association (ASEA), CFA Society South Africa supports the development of African capital markets. It is in this capacity that it has partnered with the Botswana Stock Exchange, Namibia Stock Exchange and Lusaka Securities Exchange to host a bell-ringing event in support of this global initiative, and in support of gender diversity and sustainability in the finance and investment industry.
“The case for asserting the role of women in finance and investments, equality in the workplace, and full participation in economic activity, is consistent with the known benefits of diversification in investments. Women represent the dominant force in spending decisions in the household, and an increasing voice in family finances, so this focus aligns well with demographic shifts,” says Visser.
“There is much further to go before we achieve gender equality, but today marks the start of a month of awareness and work to continue to build towards that important goal. We celebrate the progress that has already been made, and we encourage all market participants to keep gender equality considerations front of mind — not just for the benefit of women, but for the benefit of all investors and asset owners, and thus ultimately, the people of Africa.”
This article was paid for by CFA Society South Africa.
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