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‘We lag behind the rest of the continent’: Ramaphosa on SA women in business

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Ramaphosa said with South Africa’s high unemployment rate, entrepreneurship is an “important tool” to empower more women

President Cyril Ramaphosa said while South Africa ranks high among the countries surveyed for female participation in political decision-making, the country still had a long way to go in broadening women’s economic participation.He said the significance of the 1956 Women’s March to the Union Buildings is enduring because it underscored the centrality of women’s economic empowerment to the broader effort to achieve gender equality.

“This is borne out by a recently published Gallup study titled ‘Gender Power in Africa’. South Africa ranks the highest of the countries surveyed with respect to the rate of female participation in political decision-making, low rates of child marriage, and the participation and completion rates of girls in primary and secondary education.

“This includes in the informal sector, which accounts for 18% of total employment in the country. We have set a target to allocate at least 40% of public procurement spend to women-owned businesses.”

 

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