Black managers overtake white in South Africa

1 October 2007

Sarah Wilson

EU regulation

Black representation in South African business has progressed much further than is generally accepted, with black representation at top management level growing by 55.9% from 2001-2006, a report by union body Solidarity has argued.

According to the report - The Truth About Affirmative Action in South Africa - this growth in black representation at top management level has been accompanied by a 22% decline in white male representation.

The report sourced data from the South African Advertising Research Foundation, according to which black representation at senior management level increased from 8,766 to 28,658 between 1997 and 2006. During the same period, white representation fell from 30,876 to 22,758.

 South African exchange the JSE currently lists 24% black directors.

The Solidarity report suggests other studies of black representation have been skewed because there are year-on-year variations of between 30% and 195% in the number of employment equity reports submitted by employers. Only approximately 28% of reports come from the same employers, meaning that data sets are radically different and different years cannot be compared.

Latest News

SHareholder meeting

Minerva Proxy Update: Shareholder voting signals continued executive pay, board accountability focus

SHareholder meeting

US SEC moves to rescind Rule 14a-8, risks damaging shareholder proposal process

SHareholder meeting

AI-related risks outstripping company governance practices, Railpen report cautions

SHareholder meeting

ASX governance reform: simplification must preserve decision-useful disclosure

SHareholder meeting

Accountability versus allocation: Who is corporate reporting for?

SHareholder meeting

SFDR Review Moves Forward, But Key Questions Remain for Investors

Featured Briefings

Minerva Briefing

Global IPOs: Growth, governance and risk

Minerva Briefing

Shareholder Proposal Voting Trends 2026 H1

Minerva Briefing

Virtual-Only AGMs

Minerva is a global provider of sustainable stewardship solutions with over 30 years of expertise. Minerva empowers investors by providing essential tools, including ESG research and data and expert insights, enabling them to navigate the intricate and ever-evolving landscape of stewardship and proxy voting, whilst ensuring their decisions are well-informed and aligned with sustainable principles.

Related Stories

Anti-DEI Augmented: Appeal to Overturn Trump Executive Order Rejected

February 10, 2026
Read More

Proxy Advisors Prevail: Court Strikes Down US SEC Regulation Attempt

July 4, 2025

Jack Grogan-Fenn

Read More

Boardroom Breakdowns: Shareholders Clash over Diversity, AI and Climate Accountability

May 30, 2025

Editor

Read More

Rolls Royce rolls back DEI groups amid pressure from the US

May 7, 2025

Elizabeth Pfeuti

Read More

Financial firms and Costco face continued pressure over DEI policies

January 31, 2025

Elizabeth Pfeuti

Read More

Shareholder Engagement: 5 Key Themes For 2025

January 28, 2025

home

Read More