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Zuma Tells Lawmakers to Review South African Resources Bill

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South African President Jacob Zuma referred proposed changes to the country’s mining and energy legislation back to Parliament, saying they may violate the nation’s constitution.

The 2002 Mineral and Petroleum Resources Development Amendment Bill was passed by lawmakers last year and referred to Zuma for assent and signing into law. Proposals included giving the state the right to a free 20 percent stake in new energy ventures and to buy an unspecified additional share at an “agreed price.” Exxon Mobil Corp. and Total SA are among those that objected to it on the grounds it’s too vague and will undermine their businesses.