WIPHOLD CEO on how increase female leadership in SA
This past weekend, South Africa celebrated Women’s Day, a day rich with history and remembrance of a struggle that continues to change the lives of generations. At CNBC Africa we are celebrating women who are business leaders and industry giants. We have a special guest joining us for this discussion but first let’s take a look back at the history. Louisa Mojela, Founder and Group CEO of WIPHOLD joins CNBC Africa for more.
Tue, 11 Aug 2020 12:52:47 GMT
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AI Generated Summary
- Historical Legacy of Women's Day and Struggle for Rights
- Challenges and Success of WIPHOLD Founder Louisa Mojela
- Advocating for Legal Requirements and Quotas for Women in Leadership Roles
South Africa recently celebrated Women's Day, a day rich with history and remembrance of a struggle that continues to change the lives of generations. On the 9th of August 1956, 20,000 women marched to the Union buildings in Pretoria to protest a policy that forced black women to carry passbooks. This courageous act led to an indelible mark on African history and a tradition of strength and resilience that echoes through generations. In 1995, the first national Women's Day was commemorated in South Africa, honoring women like Lilian Ngoyi, Helen Joseph, Albertina Sisulu, and Sophie de Bruyn who paved the way for women's rights. Against this backdrop, Louisa Mojela, Founder and Group CEO of WIPHOLD, shared her insights on empowering women and increasing female leadership in South Africa. Mojela reflected on the challenges she faced when starting WIPHOLD in 1991, highlighting the struggles of access to funding and networks in a male-dominated business landscape. Despite initial skepticism, WIPHOLD persevered and stands strong today. Mojela emphasized the importance of women's representation in all sectors of the economy, advocating for legal requirements to ensure women's participation. She highlighted the economic benefits of gender diversity and supported the idea of legislating quotas for women in leadership roles. Mojela also addressed concerns about quota appointments, stating that quotas may be necessary to combat the ongoing marginalization of women in senior positions. She called for mechanisms such as databases to track women professionals and create more opportunities for women in leadership. Mojela's insights shed light on the progress and challenges of empowering women in South Africa, emphasizing the need for collective action to achieve gender equality and inclusive leadership in the country's economy.