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SEIFSA welcomes SARB’s 50 basis points interest rate cut
22nd May 2020 By: Creamer Media Reporter

The 50 basis points interest rate cut announced by the South African Reserve Bank (SARB) this afternoon will bring further relief to the domestic economy and the embattled businesses operating in... 


Manufacturing production data disappoints as businesses struggle with additional Covid-19 challenges
19th May 2020 By: Creamer Media Reporter

The decrease in manufacturing production figures for the month of February 2020 deals a further blow to metals and engineering (M&E) companies already operating under duress of a struggling... 


Manufacturing output declines 2.1% in February
19th May 2020 By: Marleny Arnoldi

Statistics South Africa (Stats SA) reports that manufacturing production decreased by 2.1% in February. The largest negative contributors were basic iron and steel, nonferrous metal products,... 


BRICS Manufacturing Conference Now Scheduled for 6 August
7th May 2020 By: Creamer Media Reporter

The inaugural, one-day BRICS Manufacturing Conference, which was scheduled to take place in Johannesburg on 21 May, has been moved to 6 August, Conference organisers said this morning. The Chairman... 


Seifsa postpones awards ceremony, extends submission deadline
6th May 2020 By: Tasneem Bulbulia

Owing to the Covid-19 pandemic, national federation the Steel and Engineering Industries Federation of Southern Africa (Seifsa) has moved its sixth Annual Excellence Awards ceremony from May 28 to... 


Entry deadline for SEIFSA awards for excellence extended
6th May 2020 By: Creamer Media Reporter

Owing to the Covid-19 pandemic, the Steel and Engineering Industries Federation of Southern Africa (SEIFSA) has moved its 6th Annual Excellence Awards ceremony from 28 May to 23 July. The... 


Business activity index’s dismal performance highlights the devastating impact of COVID-19 on local businesses
5th May 2020 By: Creamer Media Reporter

The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is concerned about a huge dip in business activity in the broader manufacturing sector, as reflected by the sub-index of... 


Absa PMI crashes to all time low owing to lockdown
4th May 2020 By: Tasneem Bulbulia

The Absa Purchasing Managers’ Index's (PMI's) business activity subindex crashed to an all-time low of 5.1 index points in April. The decline means that manufacturing output came to a near... 


Inaugural BRICS manufacturing conference to investigate priority projects
30th April 2020 By: Creamer Media Reporter

The establishment of the BRICS Manufacturing Working Group (MWG) subsequently gave birth to numerous priority projects identified across a number of the sub-clusters of the manufacturing sector.... 


SEIFSA awards for excellence – final call for entries
29th April 2020 By: Creamer Media Reporter

The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) urges companies that are yet to submit entries for the 2020 SEIFSA Awards for Excellence to do so before tonight’s... 


Seven days left to submit entries for excellence awards
21st April 2020 By: Creamer Media Reporter

The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) reminds manufacturers that are yet to submit entries for its annual Awards for Excellence that the 28 April deadline date... 


SA chapter of the BRICS business council to come under the spotlight at inaugural BRICS manufacturing conference
20th April 2020 By: Creamer Media Reporter

2020 marks the seventh anniversary of the BRICS Business Council, which was established to promote and strengthen business, trade and investment ties among the business communities of the five... 


Two weeks left to submit entries for excellence awards
15th April 2020 By: Creamer Media Reporter

The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) calls upon manufacturers that are yet to submit entries for its annual Awards for Excellence to do so before it is too... 


SEIFSA welcomes reserve bank’s surprise second repo rate cut
14th April 2020 By: Creamer Media Reporter

The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the South African Reserve Bank’s surprise decision to reduce the repo rate for the second time in less than a... 


SEIFSA awards to celebrate customer-centricity in the Metals and Engineering sector
14th April 2020 By: Creamer Media Reporter

The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) calls upon companies that treat customers as kings and queens to submit entries for its annual Excellence Awards. “We... 


Seifsa highlights health and safety through yearly awards ceremony
6th April 2020 By: Donna Slater

The Steel and Engineering Industries Federation of Southern Africa (Seifsa) is awarding companies that invested in protecting the lives of their employees, through the sixth edition of the yearly... 


Companies boasting best health and safety compliance record to be celebrated
6th April 2020 By: Creamer Media Reporter

The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) will once again celebrate companies that have gone out of their way to invest in and protect the health and safety of... 


Seifsa economist Marique Kruger
Business activity in manufacturing picks up slightly in March
1st April 2020 By: Marleny Arnoldi

The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has welcomed the latest Absa Purchasing Managers’ Index (PMI) outcome, which reflects an increase in overall business... 


SEIFSA welcomes rebound in the purchasing manager’s index for March 2020
1st April 2020 By: Creamer Media Reporter

The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the latest ABSA Purchasing Managers’ Index (PMI) data, which reflects an increase in overall business activity... 


Seifsa encourages re-industrialisation, development of artisans
30th March 2020 By: Donna Slater

The Steel and Engineering Industries Federation of Southern Africa (Seifsa) says that while South Africa remains a dual economy with one of the highest levels of inequality in the world, part of... 


SEIFSA to celebrate companies' training initiatives
30th March 2020

South Africa remains a dual economy with one of the highest levels of inequality in the world. Unemployment, in particular youth unemployment, remains a key driver of the country’s social ills... 


Further increase in the PPI for intermediate manufactured goods is encouraging, says SEIFSA
26th March 2020

The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the latest data for the Producers Price Index (PPI) for intermediate manufactured goods, indicating a further... 


SEIFSA welcomes reserve bank’s repo rate cut
19th March 2020 By: Creamer Media Reporter

The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the South African Reserve Bank’s decision to cut the repo rate by 100 basis points to 5.25 percent, the... 


Inaugural BRICS Manufacturing Conference To Take Place in May
18th March 2020 By: Creamer Media Reporter

An inaugural, one-day BRICS Manufacturing Conference is scheduled to take place in Johannesburg on 21 May, Conference organisers said this morning. Kaizer Nyatsumba, Chairman of the Manufacturing... 


Rebound in manufacturing production encouraging, says SEIFSA
13th March 2020 By: Creamer Media Reporter

The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the rebound in production in the broader manufacturing sector, especially given that this is the first increase... 


Manufacturers invited to enter for SEIFSA awards for excellence
10th March 2020 By: Creamer Media Reporter

Entries for the prestigious SEIFSA Awards for Excellence have opened and the Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is inviting manufacturers operating in the... 


Seifsa invites entries for sixth Awards for Excellence
9th March 2020 By: Marleny Arnoldi

The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has invited manufacturers operating in the metals and engineering sector to submit their entries for the Seifsa Awards... 


Dip in fourth-quarter growth “deeply disappointing”, says SEIFSA
4th March 2020 By: Creamer Media Reporter

The consecutive dip in the real Gross Domestic Product (GDP) during the fourth quarter of 2019, which sent the economy into a recession, was deeply disappointing, Steel and Engineering Industries... 


Seifsa chief economist Dr Michael Ade
Contraction in South Africa’s GDP ‘deeply disappointing’ – Seifsa
3rd March 2020 By: Marleny Arnoldi

The 1.4% contraction in South Africa’s gross domestic product (GDP) in the fourth quarter of last year was “deeply disappointing” and sent the economy into a recession, says Steel and Engineering... 


Persistent dip in PMI concerns SEIFSA
3rd March 2020 By: Creamer Media Reporter

The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) notes, with concern, the decrease in the seasonally-adjusted Absa Purchasing Managers’ Index (PMI) for the month of... 


Rebound in selling price inflation data is encouraging, says SEIFSA
28th February 2020 By: Creamer Media Reporter

The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the latest Producers Price Index (PPI) data, which shows an uptick in selling prices for primarily intermediate... 


MICHAEL ADE 
2020 is still going to be a difficult year for the metals and engineering sector, with ongoing pressure on margins
Volatile steel prices to continue in 2020
28th February 2020 By: Mamaili Mamaila

The volatile prices of domestic steel producers and domestic steel merchants are likely to continue in 2020, says national employer federation Steel and Engineering Industries Federation of... 


MICHELLE NORRIS 
Women working in the metals and engineering sector are predominantly found in administrative job functions
Sector in dire need of transformation
28th February 2020 By: Mamaili Mamaila

The manufacturing industry, and particularly the metals and engineering sector, is in much need of transformation, says national employer federation the Steel and Engineering Industries Federation... 


Mboweni’s Budget speech raises many questions
27th February 2020 By: Tasneem Bulbulia

There were a number of positives to take away from Finance Minister Tito Mboweni’s 2020 Budget speech, but there were also many questions, a panel of speakers agreed during an analysis session held... 


Dr Michael Ade
Metals, engineering sector set for ‘unremarkable’ growth this year
14th February 2020 By: Tasneem Bulbulia

Last year was generally challenging for both the domestic and global economy, as weakening demand, manufacturing and trade and investment restrained progress, with extended negative implications... 


Seifsa, Minerals Council react positively to SoNA commitments
14th February 2020 By: Marleny Arnoldi

The mining and metals and engineering sectors have mostly welcomed President Cyril Ramaphosa’s plans around energy and infrastructure, following his State of the Nation Address (SoNA) on Thursday... 


Metals and Engineering sector projected to remain in the doldrums in 2020 – SEIFSA
13th February 2020 By: Creamer Media Reporter

Last year was generally challenging for both the domestic and global economy, as weakening demand, manufacturing as well as trade and investment restrained progress, with extended negative... 


Seifsa, Busa welcome Mene’s appointment as AfCFTA secretary-general
12th February 2020 By: Tasneem Bulbulia

Wamkele Mene has been elected as first secretary-general of the African Continental Free Trade Area (AfCFTA). Mene – who was South Africa’s chief negotiator in the AfCFTA and a former diplomat at... 


Persistent unemployment continues to be a great concern, says SEIFSA
12th February 2020 By: Creamer Media Reporter

The unemployment rate that remains doggedly high continues to be a great concern, the Steel and Engineering Industries Federation of Southern Africa (SEIFSA) said today. According to data released... 


SEIFSA welcomes reserve bank’s repo rate cut
20th January 2020 By: Creamer Media Reporter

The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the South African Reserve Bank’s decision to unanimously reduce the repo rate by 25 basis points, providing... 


Seifsa welcomes lower repo rate
17th January 2020 By: Simone Liedtke

The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has welcomed the South African Reserve Bank’s (SARB’s) decision to reduce the repo rate by 25 basis points, thereby... 


Growing unemployment reconfirms economy’s ill health
13th December 2019 By: Creamer Media Reporter

The growing number of job losses in the manufacturing sector during the third quarter of 2019 is extremely worrisome, Steel and Engineering Industries Federation of Southern Africa (SEIFSA)... 


Seifsa laments economy’s relapse into negative growth territory
3rd December 2019 By: Creamer Media Reporter

Despite the apparent recent political will and numerous promises from policy makers to address upside risks to the South African economy, concerns still remain about whether the economy will... 


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