Johannesburg, 25 November 2021: The Johannesburg Stock Exchange (JSE) together with the Gender-Based Violence and Femicide (GBVF) Response Fund1 (the Fund) will today ‘Ring the Bell’ to mark the start of this year’s 16 Days of Activism for No Violence Against Women and Children. The bell is customarily rung to indicate the start of trading on the JSE.

Announcing the Ring the Bell Against Gender-Based Violence and Femicide initiative, JSE’s Vuyo Lee says: “It is our responsibility as individuals and organisations to create safe public and workspaces for women and use every available platform to advocate for meaningful change. As citizens of Corporate South Africa, it is our duty to do all in our power and within our circles of influence to support those affected and to eradicate these heinous attacks.  The JSE stands together with all stakeholders including government and non-governmental organisations in the ongoing efforts to eradicate gender-based violence and femicide”.

Rates of gender-based violence and femicide in South Africa remain unacceptably high:

• One in three women in South Africa are victims of domestic violence
• South Africa’s femicide rate is almost 5 times the global average
• Every 8 hours a woman is killed by her intimate partner
• 9 556 people were raped between July and September 2021.

“Undoubtedly, GBVF is a systemic social issue that is deeply entrenched in institutions, cultures, and traditions with a tragic effect on all regardless of age, race, gender or sexual preference.  Corporate SA, in particular, has a vested interest because this plight not only presents workplace challenges such as reduced productivity and absenteeism, but also impacts the communities the companies operate in,” Lee explains.

Ringing the Bell will also usher a virtual panel discussion by leaders from the JSE, the Fund, Business Leadership South Africa, Business Against Crime, Business Unity South Africa and the British High Commission. The panel will discuss the role of corporate South Africa in the fight against gender-based violence and femicide and give companies a platform to provide an update on actions they have taken in the fight against this issue.

“I have every confidence that today’s conversations will be a catalyst to developing solutions for a brighter, safer and equal South Africa for all,” Lee adds.

“As the GBVF Response Fund1, we would like to thank the JSE leadership, Corporate South Africa, philanthropic organisations and the British High Commission for their support and commitment to the cause,” says Dr Judy Dlamini, Chairman of the Gender-Based Violence and Femicide Response Fund1.

“To quote former President Nelson Mandela, ‘Freedom cannot be achieved unless women have been emancipated from all forms of oppression.  Our endeavours must be about the liberation of the woman, the emancipation of the man and the liberty of the child.’ Until women are safe and their contribution to society and the economy is recognised equitably, we cannot prosper as a nation. We look forward to today’s deliberations and continued multistakeholder engagement and collaboration in the effort to eradicate GBVF and gender inequality.”

Lee adds: “Programmes such as the 16 Days of Activism for No Violence against Women and Children serves as a reminder for all of us to dedicate time and resources needed to empower women. The JSE has embedded this through GBVF policies, ongoing awareness campaigns, mandatory training modules and collaborations with Sonke Gender Justice, the International Women’s Forum of South Africa and the GBVF Response Fund1.”

The GBVF Response Fund1 was launched by President Cyril Ramaphosa in February 2021 to support the implementation of the new National Strategic Plan on GBVF. The President declared GBVF as the ‘second pandemic’ and established the Fund to raise financial and non-financial resources and allocate them to high-impact organisations working to tackle the scourge. The Fund is a fully private sector-led initiative which is governed by a Board made up of eminent South Africans from the private, public and civil society sectors.

ENDS

ABOUT THE JSE

The Johannesburg Stock Exchange (JSE) has a well-established history operating as a market place for trading financial products. It is a pioneering, globally connected exchange group that enables inclusive economic growth through trusted, world class, socially responsible products, and services for the investor of the future.

It offers secure and efficient primary and secondary capital markets across a diverse range of securities, spanning equities, derivatives, and debt markets. It prides itself as being the market of choice for local and international investors looking to gain exposure to leading capital markets on the African continent. The JSE is currently ranked in the Top 20 largest stock exchanges in the world by market capitalisation, and is the largest stock exchange in Africa, having been in operation for over 130 years.

As a leading global exchange, the JSE co-creates, unlocks value & makes real connections happen.

www.jse.co.za 

About the GBVF Response Fund1

The Gender-Based Violence and Femicide (GBVF) Response Fund1 was launched by His Excellency President Cyril Ramaphosa, in February 2021, to tackle the scourge of GBVF in South Africa. The Fund is a private sector-led initiative aimed at supporting the implementation of the new National Strategic Plan on GBVF, by raising financial and non-financial resources, and allocating them to high-impact organisations working to tackle the prevention of GBVF and ensure support and access to justice for victims. In addition, the Fund pursues impactful public-private partnerships to address GBVF.

www.gbvfresponsefund1.org

GBVF media contacts:

Lynn Stevens

Mobile: 082 658 3408

Email: [email protected]

Ruth Momberg

Mobile: 083 789 7902

Email: [email protected]