Happy Women’s Day!

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Women’s Day is a day to celebrate women’s strengths and gains, but also to reflect upon what needs to be done to further empower women in society.

Here are some fast facts about women in South Africa, courtesy of Stats SA.

  • Women make up 51% of the total population.
  • Women accounted for 43.8% of total employment in the second quarter of 2018.
  • The rate of unemployment among women was 29.5% in the second quarter of 2018 compared with 25.3% among men.
  • Women comprise 32% of Supreme Court of Appeal judges, 31% of advocates, 30% of ambassadors and 24% heads of state-owned enterprises. Only 32% of managers are women.
  • Women are more likely than men to be involved in unpaid work (55.2% in the second quarter of 2018).
  • Women live, on average, six years longer than men, with a life expectancy of 67.3 years compared to 61.1 years for males.
  • Women’s fertility rate has declined from 2.68 children per woman in 2009 to 2.40 in 2018.
  • According to the 2016/17 Victims of Crime statistical release, 250 out of every 100 000 women were victims of sexual offences, compared to 120 out of every 100 000 men.

In our upcoming issue of RISK AFRICA magazine, we ask whether gender-specific insurance is a good idea for women, and we unpack the costs of late motherhood – women are increasingly choosing to put off having children until they are older, but what are the financial implications of this?

Don’t miss it!