Speaking at the Trialogue Business in Society Conference in Johannesburg‚ Machel said girl is a business situation.
“Bringing women into the formal economy‚ which makes them grow inside our companies up to leadership roles is not charity. It’s a business situation. It’s to improve your companies are going to perform‚ how if you do 34, you are going to have a superior working environment and the way they are going to be profitable.
“It’s in the interest of companies first‚ the attention of the country but of course at the end‚ the attention in women’s rights. I would suggest‚ naturally that every one of you as firms look inside and state are we paying the exact same to men and women. This is a worldwide matter. There’s absolutely absolutely no country which can say it has solved the issue of pay‚” Machel told the business community.
She also challenged business leaders to make a concerted attempt to ensure women are empowered in their own businesses.
“I’ll leave you today with a struggle to formulate ways that you’ll be able to play a greater role in your spheres of influence and make sure that women’s voices have been heard. Make sure that they have a seat at the decision making table and they are enabled to participate fully in the economy.”
The Trialogue is targeted at strengthening collaborative partnerships involving company‚ civil society and government.
“Women have to be permitted to assume places where they could unleash their transformational authority in business and society. There is still an opinion that women have auxiliary role ‚ and a collateral as opposed to representing the 52.
She called the McKinsey Global Institute report titled Women Matter Africa‚ that found that businesses with a greater share of women in their boards of directors and executive committees perform better than their counterparts that were senile.
Especially‚ the earnings before interest and taxes (EBIT) margin of companies with at least 25% of women in their boards had been on average 20 percent higher than the market average.
The report discovered that advancing the equality of women could adds to international GDP by 2025 simply the $ 12 trillion.
Machel included: “I am no mathematician‚ but the calculation is simple: without women participating in the formal economy‚ our economies do not grow to the extent they could or need to rise. There are untold advantages for our continent if we actually begin to seriously purchase our female workers and girls entrepreneurs”