Menar Chief Operating Officer Bradley Hammond and Buffalo Coal Sales and Marketing Manager Bill Lamont shared their perspectives on the local and international market at at the virtual Coaltrans Asia 2020 conference on 24 November 2020.

Speaking during a panel discussion with other coal industry stakeholders, as part of the virtual Joburg Indaba, on Thursday (8 October 2020), Mpumelelo Mkhabela, chairperson of mining investment firm Menar, called on coal producers to do their part in improving transparency and accountability in their relationship with Eskom.

Coronavirus (COVID-19) has had a devastating impact on the South African economy, which already had record-high unemployment. However, Vuslat Bayoglu, managing director of investment company Menar, has argued that the coal mining sector, could aid reviving the economy.

In full support of President Cyril Ramaphosa’s declaration of the state of national disaster to mitigate the impact of COVID-19, fast-growing mining investment company Menar has suspended all mining operations.