Categories: Stories

Nearly 50 percent of large firms in Zimbabwe now headed by women

The number of female headed companies in Zimbabwe’s manufacturing sector has risen by 8 percent, a survey by the Confederation of Zimbabwe Industries (CZI) has shown.

According to the survey women now lead about 13 percent of companies in the manufacturing sector from about 5 percent in previous years.

More than 45 percent of large companies which employ 100 or more workers are now led by female chief executives.

Of the companies surveyed, Matabeleland, has the highest proportion of female CEOs at 18 percent while the Midlands has no single woman headed firm.

Female ownership of businesses in the manufacturing sector however still remains low with women having more stakes in medium sized firms compared to larger firms.

“Many social economic and legal hindrances for women, still exist preventing them from entering the workplace in growing their careers as well as their businesses,” said United Nations Women (UNW) country representative, Delphine Serumaga.

On average, the manufacturing sector employs 22 percent females compared to 78 percent males.

In 2015, 34 percent of female employees were employed as full time but this has improved to 39 percent in 2017.

The survey showed that women are most likely to employed in the textile industry and food stuffs sector.

Females are least employed in the chemical sector and metal products.

According to the 2012 census women constitute 52 percent of the country’s 13 million population. –The Source

(87 VIEWS)

Don't be shellfish... Please SHARE
Google
Twitter
Facebook
Linkedin
Email
Print

This post was last modified on October 26, 2017 1:20 pm

Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

Recent Posts

Are Zimbabweans giving social media more credit than it deserves?

The role of social media on how people get their news in Zimbabwe is being…

May 3, 2024

Top 20 countries in debt to China- Zimbabwe is not one of them

Ten African countries are amongst the biggest debtors to China, but Zimbabwe is not among…

May 1, 2024

Is Zimbabwe now on the right track?

The Reserve Bank of Zimbabwe’s Monetary Policy Committee, which met on Friday last week, says…

April 30, 2024

Watch: RBZ governor warns those selling ZiG at 20:1 could be buying it at 10:1 in June

Zimbabwe’s new currency further weakened to 13.4407 to the United States dollar today down from…

April 29, 2024

US loses its place as most influential power in Africa to China

The United States lost its place as the most influential global power in Africa last…

April 27, 2024

Zimbabwe central bank chief says street forex dealers cannot destabilise the ZiG

The Reserve Bank of Zimbabwe governor John Mushayavanhu says street money changers who cash in…

April 26, 2024