• appropriate broad-based empowerment ownership at the level of Murray & Roberts operating subsidiaries through a tiered approach at Murray & Roberts Holdings Limited and 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
• 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

Letsema BBBEE Initiative

The Letsema BBBEE shareholding initiative offers previously disadvantaged employees, their families and some of the communities in which Murray & Roberts operates, a stake in the company and its future.

The initiative comprises four trusts:

• Letsema Sizwe Broad-Based Community Trust to benefit disadvantaged community groupings
• Letsema Khanyisa Black Employee Benefits Trust to benefit current and future qualifying black employees and their immediate families
• Letsema Vulindlela Black Executives Trust to benefit qualifying current and future black executives
• Letsema Bokamoso General Staff Trust to hold the shares in Murray & Roberts granted to qualifying employees