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Fasken News

Employment Equity as selection criteria for retrenchment

20th August 2018 The Employment Equity Act, 1998 obliges designated employers to implement affirmative action measures, which include ensuring the equitable representation of suitably qualified people from designated groups in all occupational levels in the workplace and retaining and developing people from... 

Kangnas Wind Farm and Perdekraal East Wind Farm, South Africa

29th June 2018 The Kangnas Wind Farm and Perdekraal East Wind Farm projects have reached financial close. 

Draft Broad-Based Socio-Economic Empowerment Charter For The Mining And Mineral Industry, 2018

25th June 2018 Authors: Fasken Senior Partner Lucas Moalusi, Managing Partner Blaize Vance, Partner Godfrey Malesa On 15 June 2018, the Minister of Mineral Resources, Gwede Mantashe gazetted the ‘Draft Broad-Based Socio-Economic Empowerment Charter for the Mining and Mineral Industry, 2018’, ("draft Mining... 

Mining Charter’s free-carried interest requirement worries industry

21st June 2018 Although changes have been made to certain sections of the latest draft of the third Mining Charter, some mining industry participants believe the charter will not benefit the industry. Unpacking the proposed ownership requirements for new mining rights as set out in the draft charter, in... 

Another two South African wind projects reach financial close

5th June 2018 A further two South African wind farms, with a combined investment value of R6.6-billion, have reached financial close following the signing of agreements for 27 renewable-energy projects on April 4. Global wind and solar company Mainstream Renewable Power announced on Tuesday that construction... 

Fasken chosen as Global Mining Law Firm of the Year by Who’s Who Legal

14th May 2018 For the tenth time, Fasken has been recognized as the world’s top Global Mining Law Firm of the Year by Who’s Who Legal for 2018, which is also the Firm’s fourth consecutive win. It is an incredible accomplishment, since the Firm has won more than any other law firm in the world, solidifying it... 
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