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Seifsa lauds AfCFTA as January commencement nears

By: Donna Slater     10th December 2020 In a move likely to boost inter-African trade, the Steel and Engineering Industries Federation of Southern Africa (Seifsa) has welcomed the December 9 confirmation that trading under the African Continental Free Trade Area (AfCFTA) agreement will commence from January 1, 2021. The AfCFTA journey... 

BEKA Schréder wins Best Corporate Social Responsibility Award

By: Creamer Media Reporter      10th December 2020 BEKA Schréder is proud to have won the Best Corporate Social Responsibility of the Year Award at this year’s SEIFSA Awards for Excellence. BEKA Schréder was given this recognition for the work they have done in uplifting a community in one of the more impoverished areas of the country. BEKA... 

Seifsa calls for urgent business support following economic resumption

By: Tasneem Bulbulia     20th August 2020 As South Africa ends its first week under alert Level 2 of the national lockdown, industry organisation the Steel and Engineering Industries Federation of Southern Africa (Seifsa) is hopeful that the increased economic activity from the reopening of key sectors will boost the recovery of metals... 

Higher electricity tariffs will hurt metals sector

By: Tasneem Bulbulia     14th August 2020 Industry organisation, the Steel and Engineering Industries Federation of Southern Africa (Seifsa) says it is “disappointed” about the recent court judgment against the National Energy Regulator of South Africa (Nersa). The judgment stated that Nersa had acted unfairly in the Multi-Year Price... 

Seifsa urges companies to buy from local suppliers as manufacturing struggles continue

By: Donna Slater     11th August 2020 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has reiterated the devastating impact of the national lockdown on the country's manufacturing output. Seifsa chief economist Dr Michael Ade says the Statistics South Africa data published on August 11, which reflects a... 

SEIFSA welcomes high court ruling in favour of designation and localisation

By: Creamer Media Reporter      6th August 2020 The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) has welcomed yesterday’s high court ruling in favour of the Department of Trade, Industry and Competition (DTIC) in a procurement matter, saying that it will boost struggling local businesses amid the pandemic-induced... 

SEIFSA worried about increase in unemployment

By: Creamer Media Reporter      29th July 2020 The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is concerned about the latest quarterly employment statistics (QES) data released today by Statistics South Africa (Stats SA), which reflect general decreases in domestic employment as local businesses continue to... 

Repo rate cut will provide further reprieve to embattled businesses – SEIFSA

By: Creamer Media Reporter      24th July 2020 The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes today’s decision by the South African Reserve Bank to reduce the repo rate by 25 basis points, to 3.5%, SEIFSA Economist Marique Kruger said this afternoon. “The decision to further cut interest rates is... 

Manufacturing production data continues to disappoint – SEIFSA

By: Creamer Media Reporter      10th July 2020 The decrease in manufacturing production, as shown by the data released by Statistics South Africa (StatsSA) today, is concerning, the Steel and Engineering Industries Federation of Southern Africa (SEIFSA) said today. SEIFSA Economist Marique Kruger said the data, which reflects a decrease in... 

Seifsa eagerly awaits scrap metal industry relief  

By: Marleny Arnoldi     6th July 2020 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has welcomed government's announcement that it has tasked the International Trade Administration Commission (Itac) of South Africa to look into measures to support the metals and engineering (M&E) sector. Seifsa says it... 

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