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Seifsa News

Companies boasting best health and safety compliance record to be celebrated

6th April 2020 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 their employees. “Employees are, without doubt, the most valuable assets of any business. Therefore, it... 

SEIFSA welcomes rebound in the purchasing manager’s index for March 2020

1st April 2020 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 in the broader manufacturing sector for March 2020. The composite PMI data for March 2020 shows that... 

Seifsa encourages re-industrialisation, development of artisans

30th March 2020 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 addressing the unemployment challenge can be tackled through re-industrialisation of its economy.... 

SEIFSA welcomes reserve bank’s repo rate cut

19th March 2020 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 Federation’s Economist, Marique Kruger, said this afternoon. Speaking after the Governor’s announcement, Ms... 
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Space data essential to help plan national response to Covid-19

The South African National Space Agency (Sansa) has committed itself to using its expertise and capabilities, and the expertise and capabilities of the wider national space sector, to help the country’s decision-makers combat the Covid-19 pandemic. A major mission of Sansa was the acquisition,... 

Octodec withdraws distribution guidance

JSE-listed Octodec has withdrawn its distribution guidance for the financial year to end August 31 owing to the ongoing unpredictability in the market as a result of Covid-19. Octodec says the business continuity and safety measures put in place in collaboration with City Property Administration,... 
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