Okavango Minerals (Pty) Ltd v Bila Mining (Pty) Ltd and Others (2018/37941; 2018/38743)
Okavango Minerals (Pty) Ltd v Bila Mining (Pty) Ltd and Others (2018/37941; 2018/38743) [2019] ZAGPJHC 89 (15 March 2019)
The court found that the respondents' reliance on the force majeure clause in the supply agreement was bona fide and based on reasonable grounds, given the adverse market conditions and economic downturn affecting the feasibility of supplying chrome ore at the agreed price. The respondents did not act in wilful or deliberate contempt of the Tsoka J order, as their non-performance was excused by the contractual provision and the dispute of fact regarding market conditions. The applicant's approach failed to account for the contractual defences available to the respondents, and the matter was n…
Source excerpt
- Contempt Of Court
- Force Majeure
- Supply Agreement
- Urgent Motion
- Contractual Defences