Business In The News South Africa

South African race relations group says mining charter still flawed

JOHANNESBURG, June 22 – South Africa’s latest mining charter is better than the previous document but is still “profoundly flawed” and a continuing choke on investment, the Institute of Race Relations said on Friday. The government last week gazetted the draft charter after abandoning implementation of one last year aimed at transforming the sector to […]

Business In The News South Africa

SA mining industry says current legislation is toxic for the country

JOHANNESBURG, December 14 – The Chamber of Mines of South Africa said on Thursday that the country’s current mining legislation was creating a “toxic” environment that is severely impacting mining potential” and hampering economic growth. This comes after the chamber published a report of the findings of an aggregated survey recently conducted amongst its members in […]

In The News South Africa

Zwane concerned about “prolonged legal uncertainty” over mining charter

JOHANNESBURG, November 27 – South African mineral resources minister Mosebenzi Zwane said on Monday he was concerned about the “prolonged legal uncertainty” over the country’s contentious mining charter.     The Pretoria High Court on Friday postponed a hearing on the charter to take place between 19 and 21 February next year from the original […]

Business In The News South Africa

Chamber of Mines reluctantly accepts co-applicants in Mining Charter review

JOHANNESBURG, November 14 – The Chamber of Mines of South Africa said on Tuesday that it respected the decision of the high court to grant two parties leave to become co-applicants in its application for a review of the controversial Mining Charter.     This comes after the Centre for Applied Legal Studies (CALS) and Lawyers for Human […]