Once empowered, always empowered?

Once empowered, always empowered?

The so-call principle of ‘once empowered, always empowered’ refers to the situation where a mining company, after the exit of a black partner that held a stake in the company as a result of a BEE transaction, continues to be recognised as being BEE compliant in order...
Once empowered, always empowered?

Reviewing the new draft Mining BEE Charter

You are correct. A new draft Mining BEE Charter (“Draft Charter”) was published on 15 April 2016 which aims to amend the 2010 Mining Charter. This Draft Charter makes provision for seven elements which are similar to the 2010 version, with the exception of the...

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