2017 Breakfast Indaba




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Previous Breakfast Indaba:

The Implications of the new
National Environmental Management Act (NEMA)




The most recent changes to NEMA were published by the Minister of Environmental Affairs on 7 April 2017 and the second iteration of the regulations is scheduled to come out this month. The interpretation of NEMA has proven to be a significant challenge for industry, and this is likely to become even more complex, as the amendments have changed the parameters of the compliance regime and thus have significant financial and legal implications for mining houses.


To find out more, attendees joined the Joburg Indaba team on 27th September for a breakfast indaba where they heard from Malan Scholes.


This was followed by a panel discussion, in which government, mining, legal and financial experts examined the various aspects of NEMA in more detail. In particular, panellists looked at the implications in terms of:


  • Additional environmental plans and calculation of rehabilitation liabilities
  • Auditing and signing off on the plans
  • The proposed changes to the methods of financial provisioning
  • Legal and tax implications of proposed amendments
  • The role of the DMR in enforcing compliance
  • Non-compliance with NEMA – directors’ liabilities




07:00           Registration and refreshments

07:30 Welcome Address
Bernard Swanepoel

07:40 Keynote address: Examining the new NEMA regulations

08:00 Breakfast


Panel discussion: The implications of the new NEMA regulations for the mining industry

Moderator: Sarah Magnus, Risk Advisory, Deloitte


Reuben Masenya, Director of Mine Closure, Department of Mineral Resources

Dr Ferdi Linde, Associate Director (Sustainability and Climate Change Safety, Health, Environment - Risk, Compliance and Performance), PwC

Andries Myburgh, Director and Head of Mining Tax and M&A Tax, ENSafrica

Cobus Loots, Chief Executive Officer, Pan African Resources

Ben Burnand, Managing Director, The MSA Group

Leentie Smit, Managing Director, Cenviro Solutions

09:30 End of panel discussion and close of breakfast


Venue: Country Club Johannesburg, 
1 Napier Road, Auckland Park

Date: 27 September 2017


Hosted by the Joburg Indaba team.


Chair: Bernard Swanepoel





Past Events: The Breakfast Indaba series:


Previous Breakfast Indabas have been held by the Joburg Indaba team on the following subjects: 

  • COMMODITIES 2017 – on the way up??? 
  • What is the cost of doing business in SA Mining?
  • Commodities: the only way is up – or is it?
  • Flow Through Share Schemes
  • Slicing the Cake in the Mining Industry


Speakers at previous Breakfast Indabas include:

  • Sandra du Toit, Head: Mining & Metals, Africa Corporate Finance, Standard Bank
  • Jacques Erasmus, Global Head of Mining, KPMG
  • Abrie Olivier, Strategy & Innovation Leader, Deloitte
  • Paul van Zijl, Executive Director, Sub-Sahara Africa Natural Resources, J.P. Morgan
  • Andries Rossouw, Mining Industry Assurance Partner, PwC
  • Neal Froneman, Chief Executive Officer, Sibanye Gold
  • Lucky Kgatle, Senior Vice President, Sasol Mining
  • Andrew Lane, Director, Monitor Deloitte
  • Anton van Wyk, Africa Client and Markets Leader, PwC
  • Henk de Hoop, Business Development Director, Rand Merchant Bank
  • Deshnee Naidoo, Chief Executive Officer, Zinc International and CMT
  • Keith Scott, Chairman, The MSA Group
  • Ismail Monomiat, Deputy Director-General, Tax and Financial Sector Policy, National Treasury
  • Bruce Falcon, Director, Falcon & Hume Inc
  • Peter Major, Director: Mining, Cadiz Corporate Solutions
  • Muhammad Saloojee, Partner & Head of Corporate Tax, KPMG
  • Stephen Meintjes, Head of Research at Imara SP Reid and co-author
  • Frank Abbott, Financial Director, Harmony Gold
  • Muhammad Saloojee, Partner & Head of Corporate Tax, KPMG
  • Claude Baissac, Managing Director, Eunomix