Press Releases
The Menar Press Release Portal provides access to all our media releases. For additional information or images, please contact Menar Corporate Communications Department at pr@menar.com
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Evolving coal to meet current and future energy needs
A drastic reduction of coal energy supply will come at a hefty cost for South Africa.
Menar puts spotlight on Africa’s energy security needs at London Indaba
Menar highlighted coal’s resilience in bolstering economic growth.
Menar becomes the newest DBTG associate member
Menar positioned to increase participation in port terminals business.
Future coal expands with enrolment of South African innovator
Continuing a spate of new global enrolments, the World Coal Association (WCA) today welcomed South African mining investor, Menar, to its roster of progressive coal members.
Renewable energy alone insufficient for energy needs
Coal remains crucial to global energy security.
Bureaucracy and anti-mining lobbies stifling South Africa’s growth prospects
Unlocking mining sectors' full potential starts when red tape bottlenecks stop.
Coal can play a central role in rebuilding COVID-19 hit SA economy
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.
Mining investor Menar suspends operations
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.
Self-funding in coal sector is key as banks retreat – Bayoglu
Vuslat Bayoglu, the managing director of mining investment company Menar, has stressed the importance of reinvestment of income from existing operations to fund growth in light of the reluctance of South African commercial banks to fund coal-related investments.
Coal is critical to enabling South Africa’s stability and future growth
Coal suppliers need to deal fairly with Eskom by seeking reasonable returns and not excessive profits. High input costs to power generation, including coal, ultimately cause higher electricity prices which is detrimental to South Africa's economy, said Menar MD Vuslat Bayoglu.