Mining Local Content Regulations Amended
Article by Tanzanian member FB Attorneys In a bid to address regulatory and practical challenges pertaining to the Mining Local Content Regulations, 2018 (the amended Regulations) the Minister for Minerals has issued the Mining (Local Content) (Amendment) Regulations (the amendments) vide Government Notice No. 479 of 2022. According to the amendments, mining activities include provision […]
Mali: sanctions, coups and security challenges – but hope springs eternal
Mali is a large landlocked country in western Africa, and in the distant past it was one of the richest empires in West African History. Its most famous ruler was King Mansa Musa, who ruled from 1312 to 1337, reknowned for his wisdom, and said to be the wealthiest individual in the history of Africa and […]
Zimbabwe in Focus
The World Bank and IMF both predict GDP growth above 5% for Zimbabwe in 2022, while both caution that decisive government action is needed for this to be attained. A recent encouraging World Bank overview of Zimbabwe says the country’s economy showed signs of recovery in 2021 and its GDP is now expected to rebound to […]
Mergers and Acquisitions considerations in Ghana’s upstream oil and gas industry
Article by Godwin Ofosuhene Nkrumah, Senior Associate, Energy & Infrastructure Practice Group & Akua Afriyie-Badu, Associate, Energy & Infrastructure Practice Group of Ghanaian member Bentsi-Enchill, Letsa & Ankomah Regulatory background Ghana does not have a general competition or antitrust legislation. As a result, there is no general competition regulator that oversees merger and acquisition (M&A) […]
Environmental consciousness is good business
Article by: Memory Melody Kudzayi Mafo (Partner) Scanlen & Holderness & Fidelis Manyuchi [Senior Associate] Scanlen & Holderness In today’s world, the Environment is undeniably a global risk, which warrants critical attention in any business operation. An environmentally conscious business is one that makes decisions that are informed and reflect the awareness of the impact […]
Legal and regulatory regime of Ghana’s upstream petroleum sector
Do you want to know more about the legal and regulatory regime of Ghana’s upstream petroleum sector? The Energy and Infrastructure team of Bentsi-Enchill, Letsa & Ankomah in Ghana provides an overview in the 2019 Ghana Petroleum Industry Report, which was published by the Ghana Chamber of Bulk Oil Distributors. Although the publication was in […]
Appetite for Innovative Funding in the Mining Industry
The robust demand for most commodities and the uptick in prices, particularly for precious metals, has seen a number of minerals and metal producers flagging project expansion initiatives. SA Mining recently caught up with LEX Africa’s network of law firms in South Africa, Zambia and Guinea for insight into the different funding options available to […]
Minimum GoT Shareholding Regulations Published
In a bid to ensure Tanzanians also enjoy a share of their minerals, section 10 of the Mining Act, R.E. 2019 (the Act) imposes a mandatory requirement to the mining companies in Tanzania to afford/grant the Government of Tanzania (GoT) a minimum of 16% non-dilutable free carried interest shares in the capital of a mining […]
Guinea’s mines: digging up good news
The Republic of Guinea is an unfolding example of how Africa’s vast resource potential can start to be realised. It has been described as “a geological scandal” thanks to its rich mineral deposits, yet the Republic of Guinea has been “a notorious case-study in governance and economic failure for more than half a century”, according […]
Congo – Provision of services in the oil sector
According to Law No 28-2016 of 12 October 2016 on the Hydrocarbon Code, (‘the Hydrocarbon Code’), the contractor, i.e. the contracting party with the State, composed of one or more legal entities under a production sharing regime, including the national company, as well as any legal entity benefiting from a regular transfer of a participating […]
