the pride of Africa's women entrepreneurs
by Linda Zuze (PhD)
Is it just me or does it feel as if we spend an awful lot of our time waiting for things to happen these days? Waiting for lockdowns to be lifted. Waiting for schools to re-open. Waiting for financing to keep our businesses going. Waiting to feel better. Waiting for ‘pandemic pivot’ to be yesterday’s buzzword. Waiting for things to get back to ‘normal’.
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by Linda Zuze (PhD)
When your company is in free fall, or when painful retrenchment discussions are underway, and when productivity is at an all-time low, who would you put in charge? Well, it turns out that women are considered better leaders during complex times. That’s right. Opportunities for promotion actually improve for women when things are going horribly wrong in a business and when the risk of failure is high. This happens far more often than most of us realize (think Carly Fiorina at Hewlett-Packard or Carol Bartz at Yahoo). Researchers have coined the term glass cliff to describe women breaking through a glass ceiling and into senior positions during an organisational crisis.
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by Linda Zuze (PhD)
Mbali had taken longer than planned to leave her corporate job and pursue a lifelong dream of running a catering business. There was always a reason to put it off. She was too young. She needed the financial security. She would be crazy to walk away from a steady salary when so many people depended on her. Finally, she took the leap. She never looked back. Mbali’s business was growing so quickly that she needed larger premises and additional staff. There was just one problem. She couldn’t pin down the funding that she desperately needed and she had used up all of her personal savings. She had tried everything – from traditional loans, to credit card applications and even equity financing. Nobody seemed as excited about her ideas as she was.
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by Dr. Linda Zuze, founder and director, Chimango Research
As a researcher, I get to wake up every day and to ask questions for a living. One of the most consistent findings that I’ve encountered over the years is that women’s success benefits a lot of people around them. Children have a better chance of attending school, being fed and living in a safe environment. It is true that there is far greater recognition about the importance of the gender angle when discussing inequality than there has been in the past.
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