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Leading local women CEOs 

patriot by patriot
April 25, 2023
in Business
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The third annual Africa.com Definitive List of Women CEOs, sponsored by Standard Bank Group, was revealed on April 19, 2023 during a virtual event. No other list of African business women running big businesses is grounded in this type of quantifiable research. The list is unique in that it is based on data-driven research, with data provided by Bloomberg.

Making it into the Top 40 of Group 1 category from Botswana is the Botswana Insurance Holdings Limited CEO Catherine Lesetedi who is placed at position 18 for running a business generating US $306 million revenue.

She is followed by Absa Bank Botswana Managing Director Keabetswe Pheko-Moshagane, at position 27 for a business generating US $187 million revenue; Included at position 40 is Faith Mabu Nteta, Managing Director, Sechaba Breweries Holdings Ltd which generates $20 million revenue.

At the very top of the list is Anglo American CEO Natascha Viljoen, for running a business with US $41.6 billion revenue.
“This year’s list of 93 women represents 17 countries who have qualified based on either large scale revenue or large scale market capitalization. The list includes 40 women from South Africa, 12 from Nigeria, and 6 from Egypt, Ghana and Kenya respectively,” said Teresa Clarke, Chair of Africa.com.

Africa.com analyzed 2,020 companies listed on the 24 African stock exchanges. Of the 2,020 companies, Africa.com screened for those companies with revenue of $100 million or more, or a market cap of $150 million USD or more, which yielded a list of 787 companies.

The public websites of all 787 companies were examined to identify female C-suite executives. The team then researched each woman to determine those who have a title of chief executive officer or managing director or president AND conducted a review to confirm that these executives have bottom line, profit and loss responsibility for the companies. This resulted in 40 women CEOs on group 1.

The methodology for group 2 is identical to the methodology for Group 1, except that the entities evaluated were the divisions of the 787 companies, such that the divisions themselves have standalone revenue of $100 million USD or more. The women running these divisions must have a title that clearly demonstrates that they are the chief executive with profit and loss responsibility for the division. This analysis yielded 28 women division heads.

Group 3 started with an analysis of global corporations with revenue over $10 billion USD who have operations in one or more countries on the African continent. The regional heads of these companies were analyzed to identify women executives for an Africa region or an African country, with profit and loss responsibility for the country or region. This analysis yielded 25 women. Women in this group are ranked by prioritizing those who run the Africa region ahead of those who run a single African country.

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  • Orange Botswana CEO, Nene Maïga, Wins Female Innovator of the Year Award November 24, 2023
    Orange Botswana celebrates the business’ CEO, Nene Maïga, on her prestigious Female Innovator of the Year Award 2023, received at the Africa Tech Festival Awards in Cape Town, South Africa. This distinguished accolade recognises the exceptional contributions of women in the fields of technology, media, and telecommunications… Read more: Orange Botswana CEO, Nene Maïga, Wins Female Innovator of the Year Award 
  • Govt’s P1.4billion Tati land headacheNovember 23, 2023
    BAKANG TIRO editors@thepatriot.co.bw The 45 000 hectares of land recently acquired by Botswana government from Tati Company to the tune of P1.4 billion, will address acute land shortage in Northeast district, the Minister of Lands and Water Affairs (ML&WA),… Read more: Govt’s P1.4billion Tati land headache
  • BDP raises fundsNovember 23, 2023
    BAKANG TIRO editors@thepatriot.co.bw The ruling Botswana Democratic Party (BDP) parliamentary candidates will raise close to P1 million through contributions of P15 000 each towards a campaign fund for the 2024 elections, The Patriot on Sunday has learnt. Information turned… Read more: BDP raises funds
  • Butale dumps BFTUNovember 23, 2023
    BAKANG TIRO editors@thepatriot.co.bw In a move that shocked many, Thusang Butale -the Secretary General (SG) of the oldest labour federation in the country, Botswana Federation of Trade Unions (BFTU) resigned his position abruptly this week, The Patriot on Sunday… Read more: Butale dumps BFTU
  • China’s MMG seals $1.9 billion deal to buy Khoemacau copper mine in BotswanaNovember 21, 2023
    Chinese miner MMG Ltd’s share price jumped on Tuesday to a near eight-week peak after it agreed to buy Canada-based Cuprous Capital, the parent company of the Khoemacau copper mine in Botswana, with an enterprise value of $1.88 billion.MMG… Read more: China’s MMG seals $1.9 billion deal to buy Khoemacau copper mine in Botswana
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