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Dentons lawyers named in Who’s Who Legal Thought Leaders: Global Elite 2019 guide
Dentons is proud to congratulate six of our lawyers who have been recognised by Who’s Who Legal in its Thought Leaders: Global Elite 2019 guide.
With all the changes and announcements in 2018, our Eurozone Hub has collated the following supervisory outlook for 2019 as a non-exhaustive “Playbook” for Banking Union Supervised Institutions and other regulated market participants already based in or otherwise relocating to the EU and/or the Eurozone.
Canada Federal Budget 2019
In the wake of the release of the much-anticipated 2019 Federal Budget, members of Dentons’ Tax group, together with a team at Wolters Kluwer, have prepared a Special Report which provides a detailed analysis and concise summary of the changes featured in the Budget.
Global tax guide to doing business in... 2019
Our Global tax guide to doing business in… highlights the complexities of corporate tax systems in 28 countries across Africa, the Americas, Asia Pacific, Australia and Europe.
US Policy Scan 2019
In Policy Scan 2019, Dentons' US Public Policy team's annual analysis of the legislative and political landscape, we take a close look at the issues, questions and conflicts that will dominate the dialogue on Capitol Hill and in the White House over the coming year.
Starting your career as a student at Dentons exposes you to a world of experience and opportunities
With 175 locations in 78 countries, Dentons is home to top-tier talent that is found at the intersection of geography, industry knowledge and substantive legal experience. Working with Dentons, you will have the opportunity to learn from the best lawyers in the industry at the largest law firm in the world.
The Legal 500 EMEA 2019 recognizes over 130 Dentons lawyers
The 2019 edition of The Legal 500 Europe, Middle East and Africa has recognized 133 Dentons lawyers, of which 89 have been included in the elite “Leading Lawyers” list, while 44 are listed as “Next Generation Lawyers”.
Dentons launches Market Insights publication: “Digital Transformation and the Digital Consumer”
Dentons, the world’s largest law firm, has launched a new Market Insights publication entitled “Digital Transformation and the Digital Consumer”, which examines the legal implications of the online economy.
Dentons ranks across 68 tables securing 109 individual and 43 practice rankings in Chambers USA
Global law firm Dentons earned 109 individual and 43 practice rankings - a 20% increase over last year - in the most recent edition of Chamber USA.
The Mineral and Petroleum Resources Development Act 28 of 2002 (MPRDA) provides for the Minister of Mineral Resources to develop a broad-based socio-economic empowerment charter (the Mining Charter) that sets out targets for the participation of historically disadvantaged South Africans (HDSAs) in the South African mining industry.
Not being compliant with the Mining Charter does not necessarily make it unlawful to conduct mining in South Africa. However, the extent to which an entity is compliant with or will be compliant with the Mining Charter is taken into account when considering an application for a mining right and mining companies are required to report on their compliance with the Mining Charter on an annual basis.
In April 2016, the Department of Mineral Resources published a draft version of the revised Mining Charter for public comment. Please see this link for our article on the draft Mining Charter. Following receipt of public comments on this draft, the revised Mining Charter (the 2017 Mining Charter) was published in June 2017. The 2017 Mining Charter replaces the Mining Charter published in 2010 (the 2010 Mining Charter).
The table below sets out some of the major differences between the 2010 and 2017 Mining Charter.
50% Black ownership for prospecting rights
30% Black ownership for mining rights
(up to 11% offset for local beneficiation)
5% of annual payroll
Whereas the 2010 Mining Charter did not specify how the Black shareholding of a company must be structured, the 2017 Mining Charter does so. Under the 2017 Mining Charter, the 30% Black ownership requirement for mining rights must be distributed as follows:
The 2017 Mining Charter provides for a 12 month transitional period, during which time holders of mining rights are required to "top-up" their Black ownership – to the minimum 30% level.
Exempted Micro Enterprises (with a turnover of less than ZAR1 million) and Qualifying Small and Micro Enterprises (with a turnover of less than ZAR3.8 million) are exempt from complying inter alia with the ownership requirements.
In order to address the lack of transformation and the check box approach to transformation in the mining sector, the Mining Charter is becoming more onerous and prescriptive. This can be seen in the increased requirements for Black ownership and the manner in which Black ownership must be structured. Ultimately, government and industry need to work together to promote sustainable economic transformation.