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Steady but uneven: Women slowly climb the corporate ladder in South Africa’s boardrooms | SA News

South Africa is making “steady but uneven” progress towards gender equity in corporate boardrooms. 

This is according to the 2024 Spencer Stuart South Africa Board Index which tracks the composition of boards in the country’s 50 largest JSE-listed companies.

The report reveals that women now account for 37% of all directors and 40% of non-executive directors (NEDs) which is a significant improvement compared to previous decades.

The report also showed persistent gaps especially in executive leadership and long-term retention.

“Sixty percent of boards now include at least one woman in a top executive position either as chairperson, CEO, CFO or another executive director. This signals that…

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