One of the richest men in the world, Warren Buffett, tells a story of his two sisters, who he explains were as intelligent as he was and equally driven but denied the opportunities that made him a wealthy man. He pointed out, “If I’d been a female, my life would have been entirely different’. And how right he was about winning the “ovarian lottery”. According to the World Bank, women in all countries face earnings gaps. If women could have the same lifetime earnings as men, global wealth could increase by $172 trillion and human capital wealth could increase by about one fifth globally1.
The truth is however, particularly in developing countries such as South Africa, gender disparity is still very real. According to a Public Services Association report although South Africa’s democracy is 26 years old, the country still has a long way to go to redressing discrimination and historical imbalances2. Achieving equitable representation of women in the workplace, and their effective participation at the top echelons of organisations (civic, private sector, and public sector) is the right thing to do, the report states2.