Issue link: https://maltatoday.uberflip.com/i/429113
maltatoday, SUNDAY, 7 DECEMBER 2014 3 News MATTHEW VELLA FEMALE occupancy on govern- ment boards, commissions and regulators has increased by three percentage points over 2013, but is still low despite efforts to address the gender imbalance on politically- appointed entities. According to MaltaToday's calcu- lations on parliamentary information submitted by minister for social dia- logue Helena Dalli, 30.06% of all gov- ernment board members are women – just a slight improvement over the 27.6% representation of 2013. The figure confirms the low repre- sentation of women on government boards despite the change in admin- istration and also the support for a European Commission proposal to eliminate gender imbalance in deci- sion-making positions. In a separate exercise, gender equality among leaders and directors of 20 top government corporations saw yet another decline under the Labour administration. The corporations are government companies and agencies that com- mand large amounts of capital in taxpayers' cash and take decisions that affect taxpayers on a daily basis, apart from two publicly listed com- panies, Bank of Valletta and Malta International Airport plc. After female occupancy on these boards of directors was almost halved to 18% under Labour from 29% in 2012, in 2014 this has been notched down to 16.6%. Women remain excluded from the board of MIA plc, and while Malta Government Investments increased the size of its board to five, none of them is a woman. Bank of Valletta too, to which the government appoints its chairman as the largest institutional shareholder, has no women directors now. Malita Investments plc, which finances the €80 million City Gate Project, has seen its board membership rise to seven men from four. The Malta Stock Exchange lost its singular woman member on its five- strong board, as did Enemalta, now with six male members, and the PBS editorial board remains without a woman. The Water Services Cor- poration also lost its only woman on the board, while the Malta Freeport remains led by a three-man board. According to the European Com- mission's database of gender quotas, Malta's 21 largest quoted companies trading on the Malta Stock Exchange are all chaired by men, while 97% of all company directors sitting on boards are men – no clear improve- ment from 2013 when 98% of direc- tors were men. Of the largest publicly listed com- panies on the MSE, only 10 women were CEOs while 90 were men; wom- en executives increased to 13 from 10, while men went down from 90 to 87, while non-executive directors in the two highest decision-making bodies in each company had only 10 women, compared to 90 men. A proposed EU law for quotas would affect a company like Bank of Valletta, in which the government retains a 25% shareholding and the right to appoint the chairperson of the board of directors. For state- owned companies trading on the stock exchange, gender quotas will come into force by 2018. The appointment of more women judges has seen an increase of one female judge, bringing the balance in the superior courts to five women and 18 men in 2014, compared to four women and 18 men in 2013. Malta's parliament lost social soli- darity minister Marie-Louise Coleiro Preca to the Presidency of the Repub- lic, bringing women MPs down to 9 out of a total of 70; but the Cabinet gained a woman parliamentary sec- retary in Justyne Caruana. In 2012, only two ministers were women in the smaller cabinet of 13. While female representation de- creased in the House of Representa- tives from six to 10, the 2014 Euro- pean Parliament elections returned four women out of six MEPs. Top officials – the Chief Justice, the judges who sit on the Constitutional Court and all courts of appeal, the Attorney General, the Auditor Gen- eral and the Speaker of the House – also remain men. Gender balance still suffers in political appointments Situation remains unchanged in government posts as only one in three political appointments is a woman Pavilion Jewellers, 43, Republic Street, Valletta. Tel: 2124 9222 Website: www.pavilion.com.mt email:info@pavilion.com.mt Saviour Balzan is away and his column is not appearing today. Saviour Balzan Interview with Jeremy Cassar on page 18 At the time of going to print, wineries have held discussions with the government since the budget with the aim of finding a solution to this issue and to lessen the new tax's impact on wineries. The discussions so far have been promising and a solution is expected to be found shortly to satisfy the wineries as well as the government.