
He explores the structural role of coal in energy security, separating long-term signals from short-term noise, and the challenges of making strategic decisions amid rapid energy transitions.
Moses discusses the gap between policy ambition and infrastructure reality, the operational, environmental, and social dimensions of “responsible coal,” and how South Africa can balance reliability, affordability, and stability in its energy mix.
He also reflects on the importance of honest dialogue between miners, governments, financiers, and society to shape credible and sustainable transition pathways.

Exxaro has reported a resilient H2 performance, with CEO Ben Magara pointing to operational discipline, cash generation and a diversified portfolio as key strengths in navigating a volatile economic environment.

Sibanye-Stillwater says the legacy of Marikana must be measured through trust, dignity and shared economic opportunity.

Thungela sold 7.4 Mt into the export market during H1,26, including 600,000 t of third-party coal. Export sales exceeded production, with the company able to leverage additional rail allocation opportunities alongside an improvement in Transnet Freight Rail's performance.