It takes a rural KZN village to raise a businesswoman
Twenty-three years after South Africa’s democracy, just 25% of senior management roles are occupied by women and 34% of the companies surveyed do not have a single woman in senior management.
WDB Investment Holdings increase equity stake in Seed Engine to 51%
WDB Investment Holdings (WDBIH) has increased its stake in Seed Engine (incorporating Seed Academy and the WDB Seed Fund) from 35% to 51%, officially confirming Seed Engine as a proudly 51% black women owned company. Venture capital company Grovest is Seed Engine’s second major shareholder with a 30% stake.
CEO, Faith Khanyile speaks to Leadership Magazine
In 1996, a group of dynamic women started WDB Investment Holdings (WDBIH) with the bold aim of driving women’s economic empowerment in South Africa.
Empowering women to eradicate poverty in SA
WOMEN Development Businesses (WDB) celebrated its 25th anniversary last week with a dialogue titled Making Poverty History.
It was attended by women from across SA’s socioeconomic spectrum, facilitating sobering discussion on poverty and the ways in which sustainable livelihoods can be created for the poor.
Implementation of 2030 Agenda to be the focus at single largest forum
UN Commission on the Status of Women to outline robust set of actions for translating ambitious development roadmap into reality for women and girls
WDB Chairperson Daphne Mashile-Nkosi named the Most Outstanding Woman in Business
Daphne Mashile-Nkosi has been named the Most Outstanding Woman in Business, in New York – her second award in two months. In July, Mashile-Nkosi, executive chairwoman of Kalagadi Manganese, added the 2015 Africa Female Business Leader of the Year award to her many accolades
WDBIH snaps up Woolworths shares
WOMEN’S Development Bank Investment Holdings (WDBIH) has invested R500m into acquiring shares in Woolworths through a book build process. WDBIH signed a R100m cheque from its own cash resources and leveraged off its balance sheet by using some debt to top up.