My Fair Ladder
One Step Towards [Gender] Equity.
Why This Website?
There is no gender-equal Economic Participation and Opportunity -in any country. The World Economic Forum says it.
This website is an instant picture of one facet of gender diversity in Mauritius. It compiles information publicly available to help better read the representation of women in the boardroom of companies listed on the Stock Exchange of Mauritius (SEM), giving details on both the Official Market and the Development & Enterprise Market (DEM).
No fluff, just data.
It is intended as a common ground to fuel conversations between DEI advocates, detractors, and curious professionals wondering what the Mauritian scene looks like.
Have I skipped a beat? Chime in; I want to hear it!
Findings
Snapshot based on data last extracted on the 20th of February 2025.
Fourth update since the Presentation of the 2023-2024 budget delivered on the 02 June 2023.
% of Directorships - all SEM (Stock Exchange of Mauritius)
N= 793 directorships
Women hold less than 25% of the total Director positions of companies listed in Mauritius.
Directorships split by gender on SEM
N= 793 directorships
The female representation in the boardroom does not significantly change between DEM (Development & Enterprise Market) & the Official Market.
Multiple directorships
- by Gender
Women are as likely as men to have multiple directorships: there is no statistically significant difference between those two populations.
Multiple directorships
- by SEM Index
On an average, more than half (52%) of the board seats are held by Directors having multiple directorships, with a significative higher occurence for directorships on companies listed on DEM.
% of Female Directors distribution
The distribution revolves around the 25% soft quota included in the June-2023 Mauritian budget.
Representation of women depending on the size of the board
N= 793 directorships
The majority of the companies have a board of 8 to 11 members. There is no statistically significant difference in the percentage of women according to the size of the board.
Tenure (From the Appointment Date to the Date of the Extract, in months)
N= 793 directorships
Female directors have, on an average, a shorter tenure than their male counterparts. That is true even when controlling for the increase in appointment of women over the last two years.
Compliance with the 25% soft quota of women
N = 90 companies
The majority of companies for which data could be retrieved now complies with the 25% soft quota of women in the boardroom (Vs 42.5% in Feb-2024)
DEM & Official Market comparison in the 25% quota compliance
N = 90 companies
Companies listed on the Official Market are more likely to comply with the 25% female directors quota than companies listed on DEM.
No-men-replacement simulation on the number of women needed
N = 90 companies
This shows a split of companies by number of female directors they would need to appoint to meet the quota if all other directors kept their position (company statuses not considered)
About The Data
Scraping of the data
My database and all derived graphs and reporting elements present public data that was obtained from websites that are available to everyone. Below are the sources of these pieces of information.
Have you noticed anything odd? Do you want to make any addition? You can drop me a message using the contact form.
Methodology
The listing of the companies on the Official of the Development & Enterprise Markets of the Stock Exchange of Mauritius (“SEM”) was extracted from the latter’s website directly on www.stockexchangeofmauritius.com (Official Market and DEM). Where companies had different values listed, they were counted only once.
The information regarding the Directors (Position, Name, Address, and Appointed Date) was taken from the Corporate and Business Registration Department via their platform “CBRIS Online”, available at onlinesearch.mns.mu. The data was scraped from companies registered on CBRIS as “Public” in nature. Although I try to have this database be as comprehensive as possible, some companies could not be found or data could not be retrieved. They may be missing.
The database cleanup was obtained through various formulas.
The Gender attribution to each director was obtained via the integration of several non-proprietary APIs as well as manual verification based on the official communications of the relevant companies, mostly on SEM or in the companies' annual reports. The APIs extrapolate the gender based on the First Name. I have no vested interest in any of these tools.
Sampling
Because of the methodology and for the reasons mentioned above, there are not as many analysed companies as there are values on SEM.
Sample considered: n = 90 companies listed on the Mauritius Stock Exchange for which data could be found
Frequency of update
The data presented on this website was last extracted on the date mentioned in introduction of the findings. It is a reflection of the situation on that date. Although I will work to update it as quickly as possible upon receiving new input, as I rely on my sole resources, I cannot commit to any timeline for doing so.
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Partners
Prometheans
Need support bringing change to your organization?
My Fair Ladder partners with Prometheans, a Mauritian HR Consulting firm and change advocate with decades of international experience.
Discover Prometheans
Board of Good
Wondering where to find eligible female directors?
Check out Board of Good, a Mauritian non-profit initiative promoting access of these women to Board and Leadership positions.
Discover Board of Good
Ylead
Want to foster change within your organisation? Unsure how to coach your leaders toward greater inclusion? Contact Ylead, the international leadership consultancy founded by Jeremy Stockdale.
Discover Ylead
