Follow Us On Facebook

Fullpaper
  • About Us
  • Advertise
  • Disclaimer
  • Contact Us
Monday, April 19, 2021
11 °c
Gaborone
18 ° Mon
18 ° Tue
19 ° Wed
20 ° Thu
  • Login
  • Register
The Patriot On Sunday
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
No Result
View All Result

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

Women in leadership in African businesses rise marginally

March 8, 2021
in Business
298 3
0
Women in leadership in African businesses rise marginally

Kalyanaraman Vijay, Managing Partner of Grant Thornton Botswana

585
SHARES
1.7k
VIEWS
ShareShareShare

39% of senior management positions in African businesses are held by women, higher than global average of 31%

The number of women holding senior leadership positions in mid-market businesses globally has hit 31% despite the pandemic affecting economies around the world. Some 39% of senior management positions in African businesses are held by women, and this average has steadily risen from 23% (22% globally) in 2015 to 39% (31% globally) in 2021 despite the impact of the COVID-19 pandemic during 2020, according to Grant Thornton’s annual Women in Business report.

Kalyanaraman Vijay, Managing Partner of Grant Thornton Botswana says: “The continued increase of women in senior roles globally and in Africa is an important milestone for businesses, but not the end goal. Those businesses that want to reap the benefits of a better gender balance must continue to take action to enable women to realise their ambitions, through and beyond the pandemic.” Seeing the proportion of women leaders rise to 39% in African businesses (31% globally) is encouraging, given that it passes the important 30% threshold, which research1 shows is the minimum representation needed to change decision[1]making processes. All regions surveyed except for APAC (28%) have now surpassed the crucial 30% milestone. Another encouraging finding is the types of leadership roles women are occupying. Grant Thornton’s research reveals higher numbers of women across operational C-suite roles compared to last year, with the proportion of female CEOs up 4% to 26% (6% to 26% globally), female CFOs up 7% to 43% (6% to 36% globally), and female COOs up 3% to 23% (4% to 22% globally). Additionally, 52% of African businesses (59% globally) believe that new working practices as a result of COVID-19 have enabled women in business to play greater leadership roles. Furthermore, 78% of African businesses (69% globally) agree that in their organisations, new working practices as a result of COVID-19 will benefit women’s career trajectories long-term, despite potentially hindering factors which may be down to the flexibility that remote working offers. While the number of women in leadership roles has grown, questions remain over the impact of the COVID-19 pandemic on women, particularly working mothers. UN data shows that, before the pandemic, women did three times as much unpaid housework as men, and mounting evidence indicates that COVID-19 is only increasing this disparity – as well as adding the extra responsibilities of childcare and home schooling while schools are closed . Kalyanaraman Vijay says: “Reaching 39% certainly does represent progress – having grown from 25% 15 years ago when Grant Thornton first started tracking this, but these gains can easily be lost. Reassuringly, 97% of African businesses say they are taking action to ensure the engagement and inclusion of their employees against the negative backdrop of the pandemic and with the normalisation of remote working, employers are becoming ever more flexible about how, where and when employees do their jobs. Now more than ever, businesses need to stay focused on what is enabling women to progress to leadership positions, so that women move forward rather than back as a result of the global pandemic.” [Grant Thorton] 

Facebook Comments
Share234Tweet146Share41

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

Unsubscribe

Related Posts

Mining in deep contraction

Mining in deep contraction

April 15, 2021
1.6k

No positive signs of sector recovery yet Mining output drops by 27% in 2020 Q4 Diamond production fell hugely by...

Mining in deep contraction

Mining in deep contraction

April 14, 2021
1.5k

No positive signs of sector recovery yet Mining output drops by 27% in 2020 Q4 Diamond production fell hugely by...

BancABC posts P544.7m revenue

BancABC posts P544.7m revenue

April 14, 2021
1.5k

Hits P422 million on net interest income Suffers 17% decline in profit before tax Board elects not to pay dividend...

Choppies buoyant

Choppies buoyant

March 25, 2021
2.3k

BAKANG TIRO editors@thepatriot.co.bw Choppies Enterprises Limited posted P2 711 million revenue for the six months period ended 30 June 2020...

  • Trending
  • Comments
  • Latest
Alcohol ban divides Cabinet

Alcohol ban divides Cabinet

February 24, 2021
The DIS f$%&@d up my life

The DIS f$%&@d up my life

February 24, 2021
Magosi, Masisi pact crumbles

Magosi, Masisi pact crumbles

March 24, 2021
There will never be true peace unless the insurgents are truly defeated – opinion

There will never be true peace unless the insurgents are truly defeated – opinion

2019 battle of the Manifestos

2019 battle of the Manifestos

BOFEPUSU on 10% salary hike

BOFEPUSU on 10% salary hike

There will never be true peace unless the insurgents are truly defeated – opinion

There will never be true peace unless the insurgents are truly defeated – opinion

April 15, 2021
‘Lies will not define Rwanda’ -Kagame

‘Lies will not define Rwanda’ -Kagame

April 15, 2021
Mining in deep contraction

Mining in deep contraction

April 15, 2021
The Patriot On sunday

© 2021 The Patriot on sunday- Inspired by Search Mart.

Navigate Site

  • About Us
  • Advertise
  • Disclaimer
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders

© 2021 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
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?