womeninbusiness
In entrepreneurship, Africa emerges as a global standout region, boasting gender parity in self-employment and entrepreneurial pursuits, as noted by Toni Weis, a financial specialist at the World Bank's Gender Innovation Lab. This achievement is particularly noteworthy when juxtaposed with neighbouring regions like the Middle East and North Africa. However, despite this progress, African women encounter significant challenges that impede their entrepreneurial success. Honorine Kadio, a networks and telecoms engineer for Orange in Côte d'Ivoire, sheds light on the pervasive issue of women losin...
IBTimes
Based on a review of roughly 1,800 US cities, women earn more than men in 42, according to a new GoBankingRates report that used data from the Census Bureau. The study analysed the median yearly incomes of men and women in cities with 20,000 or more residents. In Washington, the capital city, government employment has a more transparent pay process and a better gender pay parity between workers. While there is still a difference in pay between the sexes in the US, uniquely, there are also many cities with gender parity and higher wages for women. In the United States, women typically earn 84 c...
IBTimes
According to the Government of Canada, the COVID-19 pandemic led to a surge in new business creation, with over 1,100 new businesses established in 2020. "Many of these businesses didn't look like traditional small firms," the Committee on Small Business said in a statement. "As the pandemic drove commerce online, these new enterprises were primarily concentrated in the non-store, online retail sector... Young entrepreneurs dealt with a tough job market by pivoting towards entrepreneurship to develop businesses and products to serve their communities." Cate Basic is among those who left their ...
IBTimes
Philanthropist Melinda French Gates announced Monday she was leaving the nonprofit foundation she established with her ex-husband Bill Gates -- an organization that has become one of the most influential in the world. The announcement from the 59-year-old French Gates comes three years after her divorce from the 68-year-old Microsoft co-founder. Under the agreement between the former power couple, French Gates -- whose resignation will take effect on June 7 -- will receive $12.5 billion for use on her philanthropic efforts "on behalf of women and families." "After careful thought and reflectio...
IBTimes
A new study by finance advice platform Stephen Eve Financial Planning found that more than four million British employees are happier in companies with female founders. The study, which examined the Glassdoor ratings of the UK's 40 fastest-growing companies, found that 13% of the UK workforce, equivalent to 4.1 million people, reported a better work-life balance in female-led businesses. The findings not only analysed Glassdoor ratings that referenced a work-life balance, but the study also considered diversity and inclusion, career progression and workplace culture. Of the 40 fastest-growing ...
IBTimes
The media industry has recently been debated due to its lack of diversity. According to a report by the Sutton Trust, only 0.02% of journalists are Black, and 80% of top editors attended private schools. However, a new journalism school in the UK aims to tackle this issue by teaching children from diverse backgrounds the skills they need to thrive in the industry. The Cocoa School of Journalism and Creative Arts is the brainchild of Serlina Boyd and her daughter Faith. The community has reportedly received the school well, with fifty enrolments for two courses since opening its doors on April ...
IBTimes
Japan Airlines has appointed its first female president and CEO, Mitsuko Tottori. The historic appointment of Mitsuko Tottori as the first female president and CEO of Japan Airlines is a beacon of hope, marking the first time in seven decades that a woman has led the flight company. Hiring Tottori as the newest CEO has also boosted Japan Airlines to the list of Japanese companies led by women, less than one per cent. Unlike most business leaders, Tottori is new to the corporate sector and has climbed the ranks since her career as a cabin crew member. Tottori, now aged 59, started working for J...
IBTimes
Basma Hameed is the CEO of Basma Hameed Clinic, home to an elite team of professionals internationally recognised for their ground-breaking scar camouflage work. When she was just two years old, Hameed suffered an accident that left her with third-degree burns. While the toddler received treatment at the hospital, Hameed was told that her face would be visibly scarred for the rest of her life. "As you can imagine, growing up was very challenging. I couldn't walk into a room without people staring at my face. This resulted in me turning to makeup at an early age, and what started as a simple fa...
IBTimes
According to new research by Bloomberg, two European countries have zero female CEOs listed. The study highlighted which nations on the continent lack female representation, and it named Ireland and Luxembourg as the two countries without female business leaders. The controversial findings came as a reminder to boost women's roles in business. They exposed that Europe has a long way to go until women have equal opportunities in high-earning jobs. "Only two European Union states have no women leading any of its listed companies, said Bloomberg Researchers Olivia Fletcher and Jonas Ekblom. "Almo...
IBTimes
Cassey Ho, a renowned pilates and fitness instructor, made her mark in the fitness industry with the launch of her Blogilates YouTube channel in 2009. With a staggering nine million subscribers and the establishment of two eight-figure fitness brands, Ho's journey is a testament to her entrepreneurial prowess. In a TikTok post, Ho shares her experience as an entrepreneur working in a toxic environment: "Four years ago, the toxicity in our office became so unbearable that I was scared to walk into my office." "No one tells you that the most painful thing about being an entrepreneur isn't that y...
IBTimes
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