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Seifsa News

How to use SEIFSA indices for Contract Price Adjustment (CPA)

5th June 2019 Congratulations you have just landed a very big tender contract! Despite this significant achievement you are unsure on how to proceed with the process, and different questions come to mind 

Seifsa welcomes operational phase of African Continental Free Trade Area

3rd June 2019 The Steel and Engineering Industries Federation of South Africa has welcomed the official start of the African Continental Free Trade Area (AfCFTA) at the end of May. AfCFTA provides access to a continent-wide market of around 1.2-billion people, and is worth $2.5-trillion.  

Deterioration in headline PMI worrying, says Seifsa

3rd June 2019 The seasonally adjusted Absa Purchasing Managers’ Index (PMI) erased most of last month’s gain and fell to 45.4 index points in May from 47.2 points in April, which – excluding the drop to 45 points in March – is the weakest level since October 2018. The decline brought the average PMI for the... 

South Africans calling for pledges of greater economic growth

30th May 2019 Following the appointment of a new Cabinet by President Cyril Ramaphosa on Wednesday night, the country has called for pledges of greater economic growth and commitment to rebuilding the country. The Steel and Engineering Industries Federation of Southern Africa (Seifsa) welcomed the... 
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EPP forms JV to manage Poland office buildings

JSE-listed property company EPP has established a joint venture with pan-European private equity real estate platform Henderson Park, which will acquire a 70% interest in EPP's Polish office building portfolio. EPP will retain a 30% interest in the portfolio, which comprises 11 newly built office... 

Extreme weather is shaking up Africa's corn trade

At least three African nations will need to import more corn this year after extreme weather from cyclones to drought devastated crops, sparking some unusual trade flows. Corn is a staple grain across much of sub-Saharan Africa, where it’s milled and cooked with water to form a porridge or stiff... 
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