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Seifsfa News

SEIFSA Cautiously Optimistic Following a Rebound in Metals and Engineering Sector Output in May.

12th July 2018 The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is cautiously optimistic following the release of production data reflecting an increase in output in the Metals and Engineering (M&E) sector, despite a corresponding decline in business confidence and a volatile rand,... 

Decrease in the purchasing managers’ index for June 2018 a cause for concern

12th July 2018 The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is concerned about the general dip in overall business activity in the broader manufacturing sector as reflected in the composite Absa Purchasing Managers’ Index (PMI) released yesterday, SEIFSA Economist Marique Kruger... 

Gradual producer price index improvement for intermediate manufactured goods bodes well for the metals and engineering cluster - SEIFSA

12th July 2018 The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the latest Producer Price Index (PPI) data for intermediate manufactured goods released by Statistics South Africa today, which affirm the gradual improvement in selling price inflation for sub-industries in the... 

Cheap valve imports taking over the local market

6th July 2018 Amid ageing water infrastructure, the South African Valve and Actuator Manufacturers Association (Savama) laments the substantially cheaper and poor-quality Chinese valves and associated products that find their way onto the local market. “In the current market, we find that price supersedes... 
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Competition Bill includes ‘greater flexibility’ for large firms to collaborate

The overarching objective of the Competition Amendment Bill is to foster a “new deal for economic transformation and inclusion”, but Economic Development Minister Ebrahim Patel also notes that the proposed legislation introduces greater flexibility for collaboration by large firms. Speaking at... 

Stellenbosch Business School ranks top business school in S Africa

The University of Stellenbosch Business School (USB) has been ranked as the top business school in South Africa by Eduniversal – an international education rating agency based in Paris. The ranking is the result of voting by deans of business schools around the world, based on a list of... 
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