Of the 1 billion poorest people in the world, 70% are female.
Women work two-thirds of the world’s working hours, produce half of the world’s food, but earn only 10% of the world’s income and own less than one percent of the world’s property. On average, women earn half of what men earn.
These damning figures serve as a stark reminder of the urgent need for greater gender equality and the empowerment of women, globally.
Studies show that investing in women and girls creates a ripple effect that produces multiple benefits which extend not only to their families and communities, but also result in broader economic growth. Investing in women in the workplace makes good business sense as it strengthens diversity, encourages creativity and innovation and boosts productivity. While South Africa is steadily progressing in terms of advancing women, particularly in the public sector, there is still much work to be done in order to overcome our deeply entrenched gender-related biases and inequalities.
Progression is privileged to be able to work with many phenomenal women in some of South Africa’s top companies who are leading the way in exercising their influence to implement life-changing projects and empower those that need it most. In honour of Women’s Month, we asked some of our strong and inspirational female clients to reflect on the importance of this month and share their valuable insights.
These are just a few of the many extraordinary South African women who are embracing their power and taking the lead to effect real and meaningful transformation in society. We can all draw inspiration from these pioneering females who embody their beliefs and are living out their values every day. They are a true testament to the role of women as the starting point in the chain of progress leading to the empowerment of all individuals and ultimately, to a more equal, successful and sustainable future.