| Murray & Roberts is a
meritocracy and has
embraced broad-based black
economic empowerment in
its South African businesses,
addressing the full range of
empowerment requirements
across its diverse operations.
As the leading South African enterprise in its
sector, Murray & Roberts has adopted a
comprehensive broad-based black economic
empowerment strategy which aims to achieve:
- appropriate broad-based empowerment
ownership at all its operations through a
tiered approach from Murray & Roberts
Holdings Limited and from within selected
operating subsidiaries
- a meaningful number of black senior
executives throughout the Group
- an employee complement that reflects the
diversity of South Africa’s demographic
profile
- a core complement of black professionals
- comprehensive skills development to
enhance individual and organisational
capability and capacity
- preferential procurement policies that
leverage the broad-based principles of
black economic empowerment
- enterprise and social development
programs aimed at accelerating the
development, empowerment and access
to the economy of previously disadvantaged
individuals and groups
The Group has a number of BEE business
partners who have taken up equity in the
following businesses:
- Elgin Engineering has a 51% share in
Medupi Fabrication, a steel fabricator
established for Eskom’s Medupi power
station project
- Lehumo Women’s Investment Trust has
a 26% share in certain Tolcon operations
- Royal Bafokeng Finance holds a 51%
share in Bafokeng Concor Technicrete
- Strategic Partners Group is a 25%
shareholder in the Bombela Concession
Company and a 10% shareholder in
Bombela Civils Joint Venture and Bombela
Operating Company
Additional information is available in the sustainability report. |
Capabilities
