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South Africa accepts mining charter ruling

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South Africa’s mining authority has elected not to appeal a High Court ruling in September that its 2018 mining charter is not legally binding. The charter included clauses saying mining companies had to procure 70 per cent of goods and 80 per cent of services from black-owned companies, and that black ownership in mining companies should increase to 30 per cent. Industry body the Minerals Council criticised those clauses and asked for a judicial review, which found the charter was a policy instrument and not binding legislatio­n. Despite widespread expectatio­n that the Department of Mineral Resources and Energy would appeal the judgment, its head of legal services, Pieter Alberts, said yesterday it would not do so and that the body would try to amend existing laws.

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