Workplace toxicity is more than just a human resources issue—it’s a direct threat to organisational performance and profitability. Absenteeism linked to workplace depression already costs the South African economy R19 billion annually. Employees aren’t just leaving toxic environments—they’re also disengaging while they stay, dragging down productivity and innovation.

Women, especially women entrepreneurs, are imperative in a country’s economic and social development. Globally, research shows that women reinvest 90% of their incomes in their families and communities, compared to just 30-40% for men. In South Africa, the most recent Old Mutual Savings & Investment Monitor (OMSIM) highlights that women bear more family responsibilities, with 52% supporting adult dependents versus 44% of men, and 81% supporting children compared to 71% of men.

While many organisations strive for diversity and inclusion, breaking the glass ceiling remains difficult for women. According to a recent study, 58% of women in entry-level positions aspire to take up leadership roles, but only 39% have mentors to help them achieve this goal. As we observe Women’s Month, Old Mutual Insure’s Palesa Ntoagae - Human Capital Executive urges organisations to invest in mentorship to advance women’s careers, but she says mentees also have a responsibility to pay it forward.

While increased jobs, more social grants, and a lower cost of living are all key focus areas of addressing poverty in one of the world’s most unequal countries, an often-neglected part of poverty is the concept of the working poor. These are employed and hardworking South Africans who do not earn enough wages to maintain a dignified standard of living for their families despite earning the legislated minimum wage.
 

The non-life insurance industry struggles to attract young, black actuarial talent compared to the life insurance sector. While short-term insurance is a more focused area within the actuarial profession, the overall path to getting an actuarial qualification is hard, and for diverse candidates, the path is fraught with obstacles.