Women hold 180 of the 515 board positions (35%) at the JSE's Top 40 companies. Despite making up 46% of South Africa’s economically active population, they hold 115 of the 468 executive positions (25%). That women are not better represented at the C-suite level 'reflects the lack of progress in ensuring that corporate culture supports the advancement of female employees,' Just Share says in a new report. There are 5 female chairpersons and 4 female CEOs in the Top 40. Bidvest is the only company with gender parity or better at board and executive level: 75% of its board are women, and 50% of its executives. Only two other companies have more than half their board seats filled by women: Impala Platinum and Exxaro.