FREE | Read the July 2022 edition of Business Law & Tax
Steps to a revival of mining exploration spend in SA, how mentorships are closing the gender gap in the legal sector, and using law to help build Africa
In this edition, we see how the 2022 Junior Mining Indaba focused on, among other things, the revival of mining exploration in SA after the Exploration Strategy for the Mining Industry of SA paper set out the steps to be taken to increase SA’s share in global exploration spend to at least 5%. A big weakness identified in the document is energy instability.
A previous government announcement increasing the threshold for embedded self-generation of electricity from 1MW to 100MW is of particular significance in the mining industry. Mining entities are now allowed to equip themselves to meet pressing energy needs in an environment of erratic supply, and to obtain certainty on price increases in the long term. This newfound energy freedom will unlock significant new investment in the mining space.
Business Law & Tax editor Evan Pickworth talks to the new managing partner of Baker McKenzie in Johannesburg, Lerisha Naidu. We also look at how financial sector laws are rapidly evolving as regulators seek to ensure fair outcomes for customers while ensuring financial stability and the integrity of the SA financial markets. It can be difficult for financial institutions to ensure their operations remain compliant.
We examine the importance of determining employees’ vaccination status or keeping this information up to date. With the end of the national state of disaster, some employers have become complacent about this. Many rely on outdated vaccination status surveys or operate under the misapprehension that their workforce’s vaccination status is of no consequence to their current operations. This can’t be further from the truth.
Read these and many other stories in this month's edition.