Underground Mining + Oil & Gas + Power & Water
We create value for societies through our business activities, which provide employment and develop infrastructure which has a considerable positive impact on socioeconomic development. In addition, our commercial partnerships with and procurement from local businesses support enterprise development and the upliftment of communities located near our projects.
Cementation Canada has long-standing partnerships with indigenous communities, the longest being with the Kitikmoet Corporation – an indigenous company based in the Nunavut and Northwest Territories.
The partnership is based on the following principles:
We achieved a Level 2 BBBEE rating in FY2019. The economic interests held by black shareholders in our South African operations was 89% with black women holding 33%.
Targeted interventions identify and assist small, medium and micro enterprises (“SMMEs”) which are central to job creation and economic growth in South Africa. Other initiatives include early payment for SMME suppliers, preferential credit terms for buyers and administration support for certain service providers, suppliers and clients. More broadly, preference is given to BBBEE-compliant vendors.
TRANSFORMATION PROGRESS AT PLATFORM LEVEL
Murray & Roberts Cementation achieved a Level 2 BBBEE rating and has developed seven black suppliers across various projects.
The Department of Minerals and Energy recently published the Mining Charter III, the legal framework for BBBEE in the sector. The most material impact on Murray & Roberts Cementation is that it will be contractually obliged to meet the local employment and procurement targets required of its clients. For singleasset junior companies, Murray & Roberts Cementation provides the only means for them to meet their charter obligations.
Power & Water has established BBBEE partnerships in power maintenance, transmission and distribution services and water solutions.
Murray & Roberts Power & Energy (“MRPE”) achieved a Level 3 BBBEE rating and is targeting a Level 2 rating for FY2020, with improvements to be achieved in its preferential procurement, skills development and socioeconomic development pillars.
The Murray & Roberts Khula Nathi Enterprise and Supplier Development Experience, in partnership with Raizcorp, invests in developing talented entrepreneurs. The programme assists them to grow successful businesses, create employment and develop their capacity to participate in MRPE’s supply chain.