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Hogan Lovells News

The mountains are high and the emperor is far away

24th July 2017 In a time before emails, global social media and instant communication, local officials in the vast Chinese empire, could easily disregard the policies and wishes of the capital on the basis that “the mountains are high and the emperor is far away”. One could scarcely think that such an insular... 

The "next highest court"

20th July 2017 On 10 November 2016, the full bench of the High Court of South Africa, Gauteng Division, Pretoria in the case of the Member of the Executive Council for Co-Operative Governance, Human Settlements and Traditional Affairs & 43 Others v Mogalakwena Local Municipality & Another, High Court of South... 

Mining Charter violates shareholder rights – Hogan Lovells

23rd June 2017 Mining Charter Three’s arbitrary increase of empowerment shareholding to 30% violates the property rights of shareholders, and the new charter’s requirement to pay 1% of yearly turnover is not expected to survive challenges under the Companies Act and the Constitution. Property rights under the... 

Once empowered, but not anymore?

23rd June 2017 Swift, decisive and severe. This was the immediate reaction to the much anticipated third mining charter for the South African mining industry. No sooner had the Minister of Minerals announced, published and brought into effect the Third Charter, than the Chamber of Mines announced that it would... 

Hogan Lovells makes its mark on Africa

21st June 2017 Global law firm Hogan Lovells identified Africa as part of its growth strategy, and it partnered with Boomtown to successfully make its mark on the continent. Building measurement tactics into each touchpoint, Boomtown’s integrated communications strategy increased traffic to the Hogan Lovells... 

Acting without formal shareholder approval – Has sanity prevailed?

1st June 2017 In the recent case of Moraitis Investments (Pty) Ltd v Montic Dairy (Pty) Ltd (the Moraitis Case) the Supreme Court of Appeal (SCA) was charged with determining if a party had the requisite authority to conclude a settlement agreement. Mr Apostolos Moraitis, a trustee of the Moraitis Trust and a... 
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Sishen productivity leaps by spectacular 57% – Kumba

With 30% fewer trucks, the fleet productivity at the Sishen iron-ore mine in the Northern Cape has leapt by an extraordinary 57%, Kumba Iron Ore CEO Themba Mkhwanazi said on Tuesday, when the company reported a 23% increase in production in the six months to June 30. The contribution of... 

Kumba CEO Mkhwanazi concerned by Minister’s reneging

Kumba Iron Ore CEO Themba Mkhwanazi on Tuesday expressed concern about the mineral rights and mining transaction moratorium that has been gazetted by Mineral Resources Minister Mosebenzi Zwane, especially because it followed his agreement to suspend the implementation of Mining Charter Three... 
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