South African Mining Minister avoids legal proceedings

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The Chamber of Mines and legal counsel representing South African Mineral Resources Minister Mosebenzi Zwane today, 14 September 2017, presented the Minister’s written undertaking to the High Court of Gauteng (Pretoria) for noting.

The Minister has undertaken not to implement the Reviewed Mining Charter until judgment has been handed down in the Chamber’s review application.
 
This is the second written undertaking the Minister has given to avoid legal proceedings in respect of the Reviewed Mining Charter.
 
The Minister’s written undertaking is in stark contrast to the comments he made last week at the Africa DownUnder Conference in Perth, Australia, where he told the international mining community that the Reviewed Mining Charter is law and that companies have 12 months within which to comply with the Charter. His comments caused further damage to investor confidence in an industry already struggling to secure investment.

The Mosebenzi’s latest written undertaking now includes a commitment to provide clarity about his undertaking to suspend implementation whenever he discusses the Charter in the public domain.

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Bontle Moeng is the Founder and Managing Director of BizNis Africa. Moeng has spent 15 years working in the digital and online media industry across Africa. She applied her trade at True Love magazine prior to discovering her passion for Investment news in key sectors across Africa. Moeng previously worked for ITWeb, Starfish Mobile Technologies, ITNewsAfrica, AVATAR Agency, eNitiate, Global Interface Consulting and Havas Johannesburg. Her primary focus is to provide solid and valuable content on investment opportunities for the ICT, Energy and Mining sectors across Africa. In addition, the online news publication assists global companies to expand their presence in Africa. Email: news@biznisafrica.co.za

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