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 […]

In The News South Africa

ANC’s economic transformation policy ‘patronage politics’, says Maimane

JOHANNESBURG, October 4 –  Mmusi Maimane, the leader of the opposition party in South Africa, the Democratic Alliance, on Wednesday described the radical economic transformation policy of the ruling African National Congress (ANC) as “a poorly disguised extension of lucrative patronage politics”. Maimane said the ANC’s definition of radical economic transformation was a way of legislating the […]

Business In The News South Africa

Chamber files replying affidavit in Mining Charter interdict application

JOHANNESBURG, August 18 – The Chamber of Mines filed its replying affidavit in the North Gauteng High Court on Friday, to support its interdict application which seeks to prevent government from implementing the 2017 Reviewed Mining Charter. This comes after mineral resources minister, Mosebenzi Zwane, last week filed his answering affidavit to oppose the Chamber’s application. […]

Business In The News South Africa

Zwane insists Mining Charter targets are ‘realistic and achievable’

JOHANNESBURG, August 18 – Mineral resources minister Mosebenzi Zwane on Friday defended the controversial Reviewed Mining Charter, saying that it was his firm belief that the Charter would give “practical expression to the meaning of radical economic transformation”   Speaking at the Black Business Council business breakfast in Johannesburg, Zwane said the economy must undergo […]

In The News South Africa

Reject the Mining Charter, urges Phosa

JOHANNESBURG, July 27 – African National Congress (ANC) presidential hopeful, Mathews Phosa, has rubbished the recently revised Mining Charter as a document crafted by “corrupt politicians who colluded with illegal immigrants” in an attempt to get their hands on the country’s mineral resources. Under threat of legal action, Mineral Resources Minister Mosebenzi Zwane suspended the implementation of the revised charter […]

In The News South Africa

Zuma backs Zwane on new Mining Charter

PARLIAMENT, June 22 – President Jacob Zuma on Thursday threw his weight behind the controversial revised Mining Charter published by Mineral Resources Minister Mosebenzi Zwane. “Yes, I believe firstly, the minister gave the briefing and consultation, including the cabinet and what the minister is doing has been approved by the Cabinet,” Zuma said in the […]