South Africa Outperforms on Female Directors, With Work to Do
- Johannesburg stocks beat G20 average for women on boards
- Exchange targets more progress by requiring gender disclosure
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South Africa’s push for female empowerment has led to an outperformance against emerging-market peers when measured by gender diversity in listed company boards, along with a realization that much more needs to be done to pursue equality.
The Johannesburg Stock Exchange is the only exchange from a developing country to beat the Group of 20 average for female representation among directors of companies traded on the bourse, according to figures from Sustainable Stock Exchanges.