“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

THE UNITED REPUBLIC OF TANZANIA PROPOSES ARBITRATION REFORMS TO PLACATE FOREIGN INVESTORS. WILL IT WORK?

Authors: Emma Schaafsma and Kemi Wood Introduction  In 2017, the Tanzanian government introduced a raft of legislative reforms to the natural resources sector. Through the reforms the new government looked to ensure that investor disputes were resolved locally and that the Tanzanian government would not be subjected to international arbitrations. The new government showed a … Read more

MUDDYING THE WATERS: THE UPSTREAM PETROLEUM RESOURCES DEVELOPMENT BILL 2020

Authors: Peter Leon, Paul Morton, Amanda Hattingh and Ernst Muller Introduction Key points arising from the bill Conclusion INTRODUCTION A year ago, on 27 February 2019, Total S.A. announced a major discovery of gas condensate in the Outeniqua Basin (Brulpadda prospect, Block 11B/12B) offshore South Africa. This deposit reportedly contains around one billion barrels of … Read more

PATRICK LEYDEN WINS 2020 CLIENT CHOICE AWARD FOR ENERGY & NATURAL RESOURCES

Patrick Leyden, a director in Herbert Smith Freehills’ Johannesburg office, is the winner of Lexology’s 2020 Client Choice Award for Energy & Natural Resources in South Africa. Patrick, a corporate lawyer, practises across a number of industry sectors but specialises in mining and energy in Sub-Saharan Africa. His experience includes domestic and cross-border M&A transactions, … Read more

PETROLEUM BILL — OLD WINE IN A NEW BOTTLE

Author: Peter Leon Regulatory scheme remains modelled on mining principles  Much anticipation awaited the release of the draft Upstream Petroleum Resources Development Bill on Christmas Eve after a one-year gestation by the department of mineral resources & energy. The long-awaited bill is intended to create a new regulatory framework for the exploration and extraction of … Read more

THE 2020 MSGBC SUMMIT – TIME TO TAKE STOCK

Authors: Paul Morton and Bertrand Montembault  Herbert Smith Freehills is a sponsor of the MSGBC Basin Summit and Local Content Forum taking place in Dakar on 28-30 January 2020. Paris-based Partner Bertrand Montembault will be joining a panel discussion on the business and regulatory environment for operations in the MSGBC Basin, and the event will … Read more

THE DRAFT MINERAL AND PETROLEUM RESOURCES REGULATIONS: A PROVERBIAL CURATE’S EGG?

Authors: Peter Leon, Patrick Leyden, Ernst Muller and Amanda Hattingh Last week StatsSA (South Africa’s official statistics authority) announced that South Africa’s economy contracted by 0.6 per cent during Q3. It is likely to contract further in Q4 as a further round of electricity blackouts occurs as a result of Eskom load shedding. The economy’s … Read more