WILL IT TAKE 300 YEARS TO ACHIEVE GENDER EQUALITY?
In 2019 the Boardroom Africa (“tBA”), a large regional network of female executives in Africa, studied the composition of board positions in 1,091 listed companies in 11 African countries. For Tanzania, it found that women comprised 19% of non-executive directors in publicly listed companies on par with the regional average of 18%, and the G-20 average of 20%, but trailing regional peers such as Uganda (20%), Kenya (24%), Rwanda (27%), and South Africa (22%, but increased to 29% by 2021 according to the United Nations Sustainable Stock Exchanges).
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REPORT 2023