Lereko’s empowerment model is based on the participation of investment-specific, broad-based, regional and community partners. Lereko believes that this model captures the benefits of an entrepreneurial business culture whilst ensuring broad based entities benefit from empowerment initiatives in South Africa.
It is however important to emphasise that the model is based on Lereko’s business and BEE philosophy and is guided by the following principles:
- A broad-based approach
- Regional and community representation
- The ability to add value
- Clear lines of leadership
- Gender representation
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