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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...
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...
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,...
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...
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...
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...
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...
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...
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....
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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)...
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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