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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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Salga appoints new president

The South African Local Government Association’s (Salga's) National Executive Committee has appointed Councillor Thembisile Nkadimeng as president of the association.  She succeeds former Salga president Parks Tau, who has been appointed Deputy Cooperative Governance and Traditional Affairs... 

Mergence’s investment in Namibian solar plant signals further localisation

Local asset manager Mergence Unlisted Investment Managers (Namibia) has bought a majority stake in the 6 MW Momentous Solar One plant, near Keetmanshoop, in Namibia. “The purchase of a majority stake in the Keetmanshoop project signals a positive trend to localisation of the industry – a solar... 
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