New survey highlights the gender imbalance that has overshadowed SA’s corporate sector for years
Only seven of the JSE’s top 100 companies are run by women CEOs, a new survey shows, highlighting the glaring gender imbalance that continues to overshadow SA’s corporate sector despite efforts to ensure greater diversity at the top.
PwC’s research suggested that SA’s skills shortage and the bidding war for talent is contributing to the dearth of women executives, who tend to stay in their posts for shorter stretches, with female executives spending one to five years in their roles compared with the three to eight years typical of their male counterparts. But PwC’s experts said companies needed to make more effort to ensure appropriate succession planning.
“We are all familiar with the setbacks Covid-19 posed to the equality agenda, but the world is normalising to a point where it is no longer appropriate to look for reasons why inequality persists,” said Leila Ebrahimi, co-lead at PwC SA people and organisation reward. Black African CEOs running top-100 companies listed on the JSE were just 14%, with Indians making up 7% and coloureds only 1%, while white CEOs make up 78%, the report indicated.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Watch: Idris Elba Brings new thriller 'BEAST' to New York | The CitizenIn this sneak preview, Idris Elba returns to South Africa as a widowed husband and overly protective father, in his new thriller BEAST. Here's more about the film
Read more »
Cisco finds new home at Waterfall as it adapts to new hybrid working modelTechnology giant Cisco says it has moved its South Africa offices into The Ingress in Waterfall City, Midrand, as it adapts to a more hybrid work policy.
Read more »
Proteas feeding off scraps: ICC's new schedule shows why CSA needs its new T20 league | SportThe ICC's new Future Tours Programme illustrates vividly why CSA desperately need to get their T20 League off the ground. | Sport24news
Read more »
The Opera Virgin attends ‘The Marriage of Figaro’The Opera Virgin attends ‘The Marriage of Figaro’ - Opening one’s mind to new artistic disciplines could provide enlightenment to glorious new pursuits.
Read more »
The Opera Virgin attends ‘The Marriage of Figaro’The Opera Virgin attends ‘The Marriage of Figaro’: Opening one’s mind to new artistic disciplines could provide enlightenment to glorious new pursuits.
Read more »