NEW EXTENSION OF THE DEADLINE TO COMPLY WITH THE NEW CEMAC REGULATION

On November 5th, the Governor of the Central Bank for Central African States (the “BEAC”) issued a decision to extend the moratorium period granted to extractive companies to comply with CEMAC Regulation No. 02/18/CEMAC/UMAC/CM relating to foreign exchange (the “New CEMAC Regulation”) until 31 December 2021. This is rather good news for mining and petroleum … Read more

AfCFTA PROTOCOL MUST PROVIDE A FAIR REGULATORY ENVIRONMENT AND PROTECTION FOR INVESTORS

Authors: Peter Leon, Ernst Muller and Natasha Rachwal Negotiators have an opportunity to fashion a regime that supports modern investment policies by promoting sustainable development.  With less than three months before the expected conclusion of negotiations on the African Continental Free Trade Area’s (AfCFTA) protocol on investment increasing attention is being paid to the protocol’s … Read more

THE UNREGULATED TERRAIN OF HISTORIC MINE DUMPS IN SOUTH AFRICA

Authors: Patrick Leyden and Aobakwe Mametse The term ‘mine dump’ is usually used to refer to waste that is consequential to mining operations and comprises of tailing, slimes, waste rock, sand or other residue that is produced during the course of conducting mining operations. In recent times mine dumps have become more than just the … Read more

WHAT COMMODITIES ARE SHOWING MORE RESILIENCE FROM COVID-19 AND WHY?

Olivier Binyingo, a director in the Johannesburg office of Herbert Smith Freehills South Africa LLP who has built particular experience in the Democratic Republic of Congo, will be participating in a virtual panel discussion to be organised by DRC Mining Week on 18 June which will discuss “What commodities are showing more resilience from COVID-19 … Read more

WEBINAR: THERE IS NO FUTURE FOR FRONTIER EXPLORATION

Bertrand Montembault, a partner in the Paris office of Herbert Smith Freehills who has built particular experience in the oil & gas sector in Francophone Africa, will be moderating an Oil Council webinar on Thursday 25 June at 11:00 BST which will discuss “There Is No Future For Frontier Exploration”. To register for this event, … Read more

WEBINAR: POST-COVID-19: RE-IMAGINING THE SUB-SAHARAN AFRICA MINING SECTOR

Thursday 21 May 2020, 15.30 – 16.45 CAT A lot has been said about the mining industry’s current travails and what mining companies must do to survive. The question remains: what do we do after the lockdown? We find ourselves at another kairos moment in the World’s history – an important crossroads where we are … Read more

COVID-19: PRESSURE POINTS: EXACERBATING AFRICAN ECONOMIC INSTABILITY (AFRICA)

Countries in sub-Saharan Africa were dealing with a myriad of economic and other challenges prior to the outbreak of Covid-19 and these will continue to impact on the outlook of countries in the region. The pandemic will further exacerbate the challenges faced by the region, speakers participating in international legal practice Herbert Smith Freehills’ ‘Sub-Saharan … Read more

“RESOURCE NATIONALISM IS BOTH CYCLICAL AND CONTAGIOUS”

Author: OLIVIER BINYINGO  Interview with Olivier Binyingo, Director, Herbert Smith Freehills LLP, SA. At the upcoming DRC Mining Week in Lubumbashi from 17-19 June 2020, Mr Binyingo will address the conference on “An asserted Rule-of-law for a conducive investment climate” which will be followed by a panel discussion. The company is also a bronze sponsor … Read more

CHAMBERS GLOBAL 2020 AFRICA-WIDE

Author: REBECCA DONOVAN Herbert Smith Freehills is pleased to announce that we have maintained our top tier rankings in five Africa-wide practice areas in the new edition of Chambers Global 2020: Africa-wide: Projects & Energy (for the 12th consecutive year) Africa-wide: Projects & Energy: Mining & Minerals (for the 9th consecutive year) Africa-wide: Dispute Resolution … Read more