Eighty per cent of the posts on the boards of directors of companies in the Public Business Sector (SEP) are occupied by men. There are 55,000 workers in this sector, 72 per cent of whom are men and the remaining 28 women.
The information is contained in the Aggregate Report on the Public Business Sector released by the Institute for the Management of State Assets and Participations (IGAPE), referring to the year 2021 and available on the institution’s website.
The document does not say whether any of the SEP companies were led by a woman in 2021 and on the IGAPE website there is no information on the participation of women in public companies in previous years.
The portfolio of the Public Business Sector (SEP) in 2021 was 88 companies, of which 69 provided accounts for the 2021 financial year, of which 56 were public companies and 13 public domain companies.
The report noted that aggregate assets in 2021 were 28.4 billion kwanzas, aggregate liabilities were 20.5 billion kwanzas and aggregate equity was 7.8 billion kwanzas, or 60.2 percent of GDP.
The Minerals and Petroleum sector represents the largest share of assets, 71 percent, followed by Energy and Water, Finance and Transport with 9.8, 8.2 and 8, respectively.
Industry and Commerce represents 1.1 percent of the SEP portfolio, Telecommunications, Information and Communication Technologies 0.8, and Agriculture and Fishing 0.1.
SEP’s portfolio includes companies linked to the government of Luanda province 0.3 percent, Ministry of Public Works and Land Planning 0.25, National Defence and Homeland Veterans 0.18, Economy and Planning 0.17, Council of Ministers 0.05 and Public Administration, Labour and Social Security 0.04.
08/03/2022
