Online Version

Facebook Feed

  • Makwinja caught in Minergy saga   June 30, 2022
    Her husband –Leonard, is a Board Member at Minergy Coal ‘She is conflicted, hence she is failing to resolve our disputes with the company’ – Farmers ‘It’s an attempt to score cheap political points’ –Makwinja Minergy Coal proposes a […]
  • CA Sales lists on the JSEJune 29, 2022
    african-markets.com The JSE, Africa’s largest stock exchange, has listed CA Sales Holdings Limited on its main board providing South African investors with exposure in the fast-moving consumer goods (FMCG) company with a footprint in several Southern African countries. CA […]
  • BBS launches insurance agencyJune 28, 2022
    BBS Limited is pleased to inform its current and potential customers as well as stakeholders that it has launched an insurance agency called BBS Insurance Agency Limited; whose purpose is to provide insurance agency services and bespoke insurance products […]
  • MANTSWE JOINS TURNSTAR BOARDJune 28, 2022
    Turnstar Holdings Ltd, is pleased to announce the appointment of Mr Solomon Seoketsi Mantswe, to the Board of Directors, with effect from 1st July 2022. He brings over 30 years’ experience in the public service. He was appointed Deputy […]
  • ONGOING UKRAINE-RUSSIA WAR REMAINS A MAJOR RISK IN ECONOMIC RECOVERY EFFORTS – Minister Serame June 28, 2022
    . as there is continued surge in food prices and other commodities I take this opportunity on behalf of the Government and the people of Botswana to warmly welcome you all to Gaborone and to this 47th Meeting of […]
  • About Us
  • Advertise
  • Disclaimer
  • Contact Us
  • Login
  • Register
Friday, July 1, 2022
17 °c
Gaborone
21 ° Tue
22 ° Wed
24 ° Thu
26 ° Fri
The Patriot On Sunday
Advertisement
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
No Result
View All Result
Cart / $0.00

No products in the cart.

  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
No Result
View All Result
The Patriot On Sunday
No Result
View All Result
Home News

Gender diversity, inclusion improves in African businesses

patriot by patriot
November 15, 2020
in News
235 17
0
Gender diversity, inclusion improves in African businesses
491
SHARES
1.4k
VIEWS
ShareShareShare

Over the last five years, the case for diversity and inclusion has looked good for Africa. In 2020, 38% of senior management positions in African businesses are held by women, compared to 29% of global businesses. The African average has steadily risen from 23% in 2015 to 38% in 2020. The changes are reflective of the actions that businesses are taking to improve or preserve the gender balance of their leadership team. 78% of mid-market businesses globally and 85% in Africa, are actively working on removing barriers to gender parity at senior levels according to the latest research from Grant Thornton’s International Business Report.

The number of businesses driving initiatives such as ensuring developmental opportunities (34% globally, 45% in Africa), creating an inclusive culture (34% globally, 38% in Africa) and flexible working (31% globally, 39% in Africa), have all seen an increase across all initiatives measured by the report. 

Aparna Vijay, who recently took over as Partner in charge of the Corporate Services division of Grant Thornton says, “It is extremely encouraging to see deliberate action taking place as mid-market businesses ramp up activities that encourage progress and accessibility to leadership positions for women. The last couple of years have seen a sharp rise in the representation of women at a senior level within African businesses, and this is also evidenced within the Botswana market. With women such as Ms Naseem Banu Lahri, Ms Motshabi Mokone and Ms Jane Tselayakgosi taking on roles as Managing Director of Lucara Botswana, Managing Director of Absa Life Botswana and Group CEO of Hollard Insurance Botswana, respectively, the possibilitie looks positive for women in senior leadership roles in Botswana.”

With many mid-market businesses now being intentional in their efforts to boost equality, markets may continue to see more women in leadership positions over the coming years as initiatives are embedded and begin to show results. Aparna says, “If we want to continue to see more women in senior positions, businesses need to be intentional. Policies that ensure diversity of thought at the decision-making table, that address equal opportunity in career development and bias in recruitment and develop inclusive cultures can’t just be a “nice to have” – they are a must. Once implemented, these policies must be enforced and regularly reassessed to judge their effectiveness. When that is combined with real commitment from senior leadership, only then will real transformational change take place.”

Significant findings: ●38% of senior management positions within mid-market African companies are held by women (29% globally)  ● 98% of African businesses have at least one woman in senior management (87% globally)●85% of mid-market African businesses are actively working on their gender balance (78% globally). Common initiatives include: ● Ensuring equal access to developmental opportunities (45% in Africa, 34% globally)

● Enabling flexible working (39% in Africa, 31% globally) ● Creating an inclusive culture (38% in Africa, 34% globally) ● Mentoring/coaching (38% in Africa, 26% globally) ● Reviewing recruitment processes (27% in Africa, 26% globally) ● Gender quotas (27% in Africa, 22% globally) ● Reward for senior management linked to targets (23% in Africa, 23% globally) ● Unconscious bias training (19% in Africa, 21% globally), · The number of women at CEO level in Africa has increased from 11% in 2019 to 22% in 2020 (15% in 2019 to 20% in 2020, globally), while those in CFO roles has increased from 30% in 2019 to 43% in 2020 (dropped from 34% in 2019 to 30% in 2020, globally). [Source: Grant Thornton]

Related

Tags: BUSINESSGBV

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
  • Makwinja caught in Minergy saga   June 30, 2022
    Her husband –Leonard, is a Board Member at Minergy Coal ‘She is conflicted, hence she is failing to resolve our disputes with the company’ – Farmers ‘It’s an attempt to score cheap political points’ –Makwinja Minergy Coal proposes a […]
  • CA Sales lists on the JSEJune 29, 2022
    african-markets.com The JSE, Africa’s largest stock exchange, has listed CA Sales Holdings Limited on its main board providing South African investors with exposure in the fast-moving consumer goods (FMCG) company with a footprint in several Southern African countries. CA […]
  • BBS launches insurance agencyJune 28, 2022
    BBS Limited is pleased to inform its current and potential customers as well as stakeholders that it has launched an insurance agency called BBS Insurance Agency Limited; whose purpose is to provide insurance agency services and bespoke insurance products […]
  • MANTSWE JOINS TURNSTAR BOARDJune 28, 2022
    Turnstar Holdings Ltd, is pleased to announce the appointment of Mr Solomon Seoketsi Mantswe, to the Board of Directors, with effect from 1st July 2022. He brings over 30 years’ experience in the public service. He was appointed Deputy […]
  • ONGOING UKRAINE-RUSSIA WAR REMAINS A MAJOR RISK IN ECONOMIC RECOVERY EFFORTS – Minister Serame June 28, 2022
    . as there is continued surge in food prices and other commodities I take this opportunity on behalf of the Government and the people of Botswana to warmly welcome you all to Gaborone and to this 47th Meeting of […]
The Patriot On Sunday

© 2022 Copyright The Patriot On Sunday - Inspired by Search Mart.

Navigate Site

  • About Us
  • Advertise
  • Disclaimer
  • Contact Us

Follow Us

No Result
View All Result
  • Login
  • Sign Up
  • Cart
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders

© 2022 Copyright The Patriot On Sunday - Inspired by Search Mart.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?