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Unexpected uptick in PMI for May 2020 is refreshing, says SEISA

By: Creamer Media Reporter      Updated 5 hours ago A surprise uptick in overall business activity for May 2020, as captured by the headline Purchasing Managers’ Index (PMI), despite subdued economic activity from the lockdown, bodes well for companies in the manufacturing sector, the Steel and Engineering Industries Federation of Southern Africa... 

SEIFSA welcomes SARB’s 50 basis points interest rate cut

By: Creamer Media Reporter      22nd May 2020 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 metals and engineering (M&E) sector, the Steel and Engineering Industries Federation of Southern... 

Manufacturing production data disappoints as businesses struggle with additional Covid-19 challenges

By: Creamer Media Reporter      19th May 2020 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 economy, the Steel and Engineering Industries Federation of Southern Africa (SEIFSA) said today. Speaking... 

BRICS Manufacturing Conference Now Scheduled for 6 August

By: Creamer Media Reporter      7th May 2020 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 of the Manufacturing Working Group of the SA Chapter of the BRICS Business Council (BBC), Kaizer... 

Entry deadline for SEIFSA awards for excellence extended

By: Creamer Media Reporter      6th May 2020 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 postponement of the ceremony has also resulted in SEIFSA extending the deadline for the submission of entries... 

Business activity index’s dismal performance highlights the devastating impact of COVID-19 on local businesses

By: Creamer Media Reporter      5th May 2020 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 (PMI) released today. As a lead indicator, the headline PMI... 

Inaugural BRICS manufacturing conference to investigate priority projects  

By: Creamer Media Reporter      30th April 2020 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. Included in the MWG’s priority projects are, among others, Electromobility Solutions; Smart Cities,... 

SEIFSA awards for excellence – final call for entries

By: Creamer Media Reporter      29th April 2020 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 midnight deadline. “There is now only today left for companies operating in the metals and engineering... 

Seven days left to submit entries for excellence awards

By: Creamer Media Reporter      21st April 2020 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 is looming. “There is now only one week left for companies operating in the metals and engineering... 

SA chapter of the BRICS business council to come under the spotlight at inaugural BRICS manufacturing conference

By: Creamer Media Reporter      20th April 2020 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 BRICS countries and ensure that there is regular dialogue between the business communities and the... 

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