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Media Coverage

Mining Journal quotes Mmaphuti Morolong in an article on the South Africa mining charter ruling

Fasken
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“South Africa to appeal mining charter ruling” by Nadine James, Mining Journal

Mining Journal quotes Johannesburg lawyer Mmaphuti Morolong in an article on the South Africa mining charter ruling.

Johannesburg-based lawyers from global legal firm Fasken said according to the ruling, mining right holders who, at any stage had achieved a minimum of 26% BEE shareholding, and whose BEE partners exited prior to the commencement of Mining Chrater III, would be recognised as compliant with the BEE requirements of the Mining Charter for the duration of the mining right.

However Godfrey Malesa and Mmaphuti Morolong noted not all the charter’s provisions were reviewed or set aside.

“These clauses include amongst, that new mining rights must have a minimum of 30% BEE shareholding, the clauses which concern employment equity, human resource development, mine community development, and housing and living conditions,” they said.

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