In a live poll conducted by Africa.com on May 13 as part of its webinar series, Crisis Management for African Business Leaders, 47% of webinar participants do not think that African governments are taking women’s issues into consideration as they develop policies to address COVID-19. 28% think that African governments are taking women’s issues into consideration as they develop policies to address COVID-19. 25% had no opinion on the matter.
A second question asked respondents if they agreed with the statement, “Compared to Western countries, do professional women have community resources and support to remain resilient to the challenges posed by COVID-19?” 70% disagreed with this statement, 18% agreed, and 12% neither agreed nor disagreed.
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A third question showed optimism. Respondents were asked if they agreed with the statement, “I expect that one of the major shifts occurring as a result of the pandemic is that African women will gain ground in business and society.” The majority agreed with this statement. 44% agreed, 33% disagreed, and 23% neither agreed nor disagreed.
Approximately 1,500 business leaders participated in the poll. Participants came from 46 countries across the African continent, with the largest representation coming from Nigeria, followed by South Africa, Kenya, Ghana and Ethiopia. 60% of the participants have one of the following titles: CEO, managing director, president, principal, partner, CFO, chair, chief, director, executive director, group head, general manager, or manager. Of the remaining 40%, the leading titles are professor, analyst and consultant.
The largest sectors represented are financial services and professional services, followed by energy and manufacturing. A smaller tier consisted of real estate, health care, agriculture, health care, and media, arts & entertainment.
The live poll was conducted as part of a webinar series, Crisis Management for African Business Leaders, organized by Africa.com. The session at which the poll was conducted is titled “Women Have Proven to Be Effective Leaders During COVID-19. Is This the Path to Power?” The panel discussion featured the Prime Minister of Namibia, Her Excellency Saara Kuugongelwa-Amadhila; Her Excellency, Phumzile Mlambo-Ngcuka, Under-Secretary-General
of the United Nations and Executive Director of UN Women; Oby Ezekwesili, Senior Economic Advisor, Africa Economic Development Policy Initiative; Ann Juuko, Chief Executive, Stanbic Bank, Uganda; Suzan Kereere, Global Head Merchant Sales and Acquiring, Visa Inc.; and Natasha Wang, Women Deliver Young Leader.
Africa.com Chair and CEO Teresa Clarke commented: “The poll results are supported by the qualitative data we collected from the 17,000 registrants for the webinar series. We asked registrants what their greatest concern is with respect to COVID-19. Many respondents referenced the disproportionate burden that lockdowns place on women, and the economic vulnerability of market women.”
The panel discussion is part of a series on crisis management developed by Africa.com and faculty from Harvard Business School. The next webinar discussion will take place on Wednesday, May 20, “What’s the Real Story Behind Africa’s COVID-19 Figures?” featuring WHO Africa region head, Dr Rebecca Natalie Moeti; Dr Chikwe Ihekweazu, Chief Executive Officer of Nigeria Centre for Disease Control, and David Kaye, UN Special Rapporteur on the promotion and protection of the right to freedom of opinion and expression.
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All divisions significantly increased EBIT in first quarter 2021; Group EBIT tripled to around EUR 1.9 billion
Free cash flow development continued positive trajectory and improved by more than EUR 1.4 billion to around EUR 1.0 billion
CEO Frank Appel: "The start into the new financial year was more dynamic than ever"
SINGAPORE - Media OutReach - 12 April 2021 -Deutsche Post DHL Group has today released preliminary results for the first quarter of 2021 and has raised the outlook for the current financial year. Preliminary operating profit (EBIT) for the first three months improved to around EUR 1.9 billion (Q1 2020: EUR 592 million). The positive development of the group's businesses seen in the fourth quarter 2020 has continued well through the first quarter 2021. In the first three months of the year the B2C shipment volumes remained high in all networks while the recovery in the B2B business continued.
"The start to the new financial year was more dynamic than ever. It proves that we have successfully geared our business to the right growth drivers. One year into the pandemic we experienced in the first quarter 2021 a sustained momentum in e-commerce and a significant stabilization in global trade with increasing air- and sea-freight volumes. Consequently all divisions reported a significant jump in earnings above market expectations. Global trade continues to recover and vaccine distribution is in full swing which makes me very optimistic for the rest of 2021 and beyond," said Frank Appel, CEO of Deutsche Post DHL Group.
All divisions optimally positioned for continuing e-commerce boom and growth in global trade
Express: The division reached an EBIT of around EUR 955 million in the first quarter 2021 compared to EUR 393 million in Q1 2020.
Global Forwarding, Freight: EBIT in Global Forwarding, Freight stood at around EUR 215 million in Q1 2021, clearly above previous year's Q1 of EUR 73 million.
Supply Chain: EBIT at Supply Chain came in at around EUR 165 million in the first quarter 2021 compared to EUR 105 million in Q1 2020.
eCommerce Solutions: eCommerce Solutions recorded a first quarter 2021 EBIT of around EUR 115 million, clearly above last year's Q1 result of EUR 6 million.
Post & Parcel Germany: EBIT in Post & Parcel Germany in Q1 2021 was around EUR 555 million (Q1 2020: EUR 334 million).
Earnings momentum mirrored in positive cash flow development and improved outlook
The continued positive business development is underpinned by a strong cash flow development; free cash flow amounted to around EUR 1.0 billion in the first quarter 2021. In Q1 2020 this figure was still negative at EUR -409 million.
In light of the strong earnings momentum, guidance for 2021 is adjusted as follows:
Group EBIT for 2021 is now expected to be significantly above EUR 5.6 billion (previous forecast: more than EUR 5.6 billion). Equally, the result for the DHL divisions is now seen significantly above EUR 4.5 billion (previous forecast: more than EUR 4.5 billion). EBIT for the Post & Parcel Germany division is no longer expected at around EUR 1.6 billion but above EUR 1.6 billion. The expectation of a Group Functions EBIT of around EUR -0.4 billion remains unchanged. Full year 2021 Free Cash Flow is now expected to be significantly above EUR 2.3 billion (previous forecast: around EUR 2.3 billion).
The Group will introduce a revised detailed guidance with the comprehensive disclosure for Q1 2021 which will be published as planned on May 5, 2021.
Deutsche Post DHL Group
Deutsche Post DHL Group is the world's leading logistic company. The Group connects people and markets and is an enabler of global trade. It aspires to be the first choice for customers, employees and investors worldwide. To this end, Deutsche Post DHL Group is focusing on growth in its profitable core logistics businesses and accelerating the digital transformation in all business divisions. The Group contributes to the world through sustainable business practices, corporate citizenship and environmental activities. By the year 2050, Deutsche Post DHL Group aims to achieve zero emissions logistics.
Deutsche Post DHL Group is home to two strong brands: DHL offers a comprehensive range of parcel and international express service, freight transport, and supply chain management services, as well as e-commerce logistics solutions. Deutsche Post is Europe's leading postal and parcel service provider. Deutsche Post DHL Group employs approximately 570,000 people in over 220 countries and territories worldwide. The Group generated revenues of more than 66 billion Euros in 2020.
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