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Seifsa calls for moratorium on power hikes as Eskom makes case for cost-reflectivity
Seifsa calls for moratorium on power hikes as Eskom makes case for cost-reflectivity
7th December 2020 By: Terence Creamer

Steel and Engineering Industries Federation of Southern Africa (Seifsa) used the platform created by ongoing National Energy Regulator of South Africa (Nersa) hearings to call for a moratorium on... 


Centurion systems named innovative company of the year at 2020 SEIFSA awards for excellence
27th November 2020 By: Creamer Media Reporter

In a year that has highlighted the importance of innovative thinking to drive the agility and resilience needed to dodge economic curveballs such as the COVID-19 pandemic, Centurion Systems walked... 


Seifsa recognises metals, engineering sector's top performers
26th November 2020 By: Donna Slater

Centurion Systems won the award for Most Innovative Company of the Year during this year's Steel and Engineering Industries Federation of Southern Africa (Seifsa) Awards for Excellence. This... 


Low inflation rate continues to support business recovery from a cost perspective
26th November 2020 By: Creamer Media Reporter

The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is pleased to see that the inflation rate continues to remain within the monetary policy target range of 3% to 6%. This... 


Unemployment numbers reflect deepening negative impact of covid-19 lockdown, says SEIFSA
13th November 2020 By: Creamer Media Reporter

The Quarterly Labour Force Survey (QLFS) released today by Statistics South Africa (Stats SA) reflects the deepening negative impact of the national lockdown put in place to curb the COVID-19... 


Budget acknowledges economy’s plight, but more urgency required, say business organisations
29th October 2020 By: Tasneem Bulbulia

Following the delivery of the Medium Term Budget Policy Statement (MTBPS) by Finance Minister Tito Mboweni on October 29, business organisations have commended its acknowledgement of the dire... 


Seifsa announces award finalists
15th October 2020 By: Tasneem Bulbulia

Industry body the Steel and Engineering Industries Federation of Southern Africa (Seifsa) has announced the finalists for the sixth edition of its Awards for Excellence. The awards promote and... 


Elias Monage
Infrastructure plan good news for battered metals industry – Seifsa chair
9th October 2020

In his address during the 2020 edition of the Steel and Engineering Industries Federation of Southern Africa's presidential breakfast on October 9, outgoing president and chairperson Elias Monage... 


Absa PMI ticks upwards to 58.3 index points
1st October 2020 By: Simone Liedtke

Following a robust increase in August, the Absa Purchasing Managers’ Index (PMI) ticked up further to 58.3 index points in September, with the shift to a lower lockdown level mid-month likely... 


August PPI increases, pointing to better selling market for manufacturers
28th September 2020 By: Donna Slater

The rate of producer price index (PPI) inflation increased to 2.4% year-on-year in August and was also higher than the 1.9% year-on-year recorded in July, mainly on account of the changes in the... 


Economists lament ‘missed opportunity’ of another repo rate cut
17th September 2020 By: Simone Liedtke

While the decision to leave interest rates unchanged at 3.5% is “disappointing”, North West University Business School economist Professor Raymond Parsons says South Africa’s basic policy... 


Economy breathes welcome sigh for Level 1, while alcohol, travel industries remain aggrieved
Economy breathes welcome sigh for Level 1, while alcohol, travel industries remain aggrieved
17th September 2020 By: Marleny Arnoldi

With President Cyril Ramaphosa having announced the move to a Level 1 lockdown for South Africa, effective September 20, positive reactions have been streaming in from all spheres of the economy,... 


Seifsa joins forces with Leon Viljoen to support SMEs
9th September 2020 By: Tasneem Bulbulia

Industry organisation the Steel and Engineering Industries Federation of Southern Africa (Seifsa) has partnered with manufacturing industry veteran Leon Viljoen to provide support, guidance and... 


Commenters call for an end to lockdown as second-quarter GDP contracts sharply
8th September 2020 By: Tasneem Bulbulia

South Africa’s real gross domestic product (GDP) decreased by just over 16% between the first and second quarters, resulting in an annualised growth rate of ‑51%. This has extended the economic... 


SEIFSA encouraged by uptick in PMI as lockdown restrictions ease
1st September 2020 By: Creamer Media Reporter

Overall business activity in the manufacturing sector, as captured by the headline Absa Purchasing Managers’ Index (PMI) for August, provides some level of reassurance to companies in the Metals... 


Seifsa, trade unions adopt standstill main agreement
1st September 2020 By: Tasneem Bulbulia

The 19 employer associations affiliated to industry body the Steel and Engineering Industries Federation of Southern Africa (Seifsa) and the industry’s five trade unions on September 1 formally... 


Increased selling price inflation offers relief, says Seifsa
27th August 2020 By: Tasneem Bulbulia

The increase in the Producer Price Index (PPI) for intermediate manufactured goods in the metals and engineering (M&E) sector is expected to ease the pressure on struggling businesses as demand... 


Seifsa calls for urgent business support following economic resumption
20th August 2020 By: Tasneem Bulbulia

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... 


Higher electricity tariffs will hurt metals sector
14th August 2020 By: Tasneem Bulbulia

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... 


Seifsa urges companies to buy from local suppliers as manufacturing struggles continue
11th August 2020 By: Donna Slater

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... 


Seifsa says high court ruling in favour of the DTIC ‘gives hope’
6th August 2020 By: Simone Liedtke

The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has welcomed the High Court ruling in favour of the Department of Trade, Industry and Competition (DTIC) in a procurement... 


SEIFSA welcomes high court ruling in favour of designation and localisation
6th August 2020 By: Creamer Media Reporter

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... 


Lower selling prices for intermediate goods put metals and engineering under further strain
31st July 2020 By: Marleny Arnoldi

The drop in the selling prices of domestic intermediate products will put a further strain on companies in the metals and engineering (M&E) sector, given the direct implications of these prices on... 


Seifsa welcomes Nersa's appeal to High Court ruling
30th July 2020 By: Marleny Arnoldi

The Steel and Engineering Federation of Southern Africa (Seifsa) has welcomed the decision by the National Energy Regulator of South Africa (Nersa) to appeal the High Court judgment that set aside... 


SEIFSA disappointed by court ruling against NERSA
30th July 2020 By: Creamer Media Reporter

The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is disappointed at the recent court judgment against the National Energy Regulator of South Africa (NERSA) that the... 


Seifsa warns of impact of higher electricity tariffs on metals, engineering sector
29th July 2020 By: Tasneem Bulbulia

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... 


SEIFSA worried about increase in unemployment
29th July 2020 By: Creamer Media Reporter

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... 


Repo rate cut will provide further reprieve to embattled businesses – SEIFSA
24th July 2020 By: Creamer Media Reporter

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... 


Babcock plays it safe
14th July 2020 By: Creamer Media Reporter

As a company that carries out the majority of its projects and services in high-risk environments, Babcock’s ongoing safety accolades prove that it does not pay lip service to safety, and that... 


Manufacturing production data continues to disappoint – SEIFSA
10th July 2020 By: Creamer Media Reporter

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... 


South Africa's manufacturing output down 49.4% on Covid-19 impact
9th July 2020 By: Simone Liedtke

South Africa's manufacturing production decreased by 49.4% year-on-year in April. Statistics South Africa (Stats SA) reports that the largest contributors to this decline was the motor vehicles,... 


Seifsa eagerly awaits scrap metal industry relief
Seifsa eagerly awaits scrap metal industry relief
6th July 2020 By: Marleny Arnoldi

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... 


SEIFSA welcomes investigation into scrap metals supply to the local industry
6th July 2020 By: Creamer Media Reporter

The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the Government’s decision to look into measures to support the metals and engineering sector, which has been... 


Local productive capacity protection, demand stimulation will rejig economy, says Seifsa
30th June 2020 By: Marleny Arnoldi

The Steel and Engineering Industries Federation of Southern Africa (Seifsa) says the 2% contraction in South Africa's gross domestic product (GDP) in the first quarter of the year is disconcerting,... 


Metals, engineering sectors to ‘walk the tightrope’ to economic recovery
24th June 2020 By: Simone Liedtke

The road to the metals and engineering (M&E) sector’s post-Covid-19 recovery will be long and will require extraordinary and targeted policies to walk the tightrope towards an economic reboot,... 


Persistent increase in unemployment numbers will delay efforts to reindustrialise the economy, says SEIFSA
23rd June 2020 By: Creamer Media Reporter

The quarterly labour force survey (QLFS) data, which reflects an increase in the number of unemployed people for Q1 of 2020 before the Coronavirus-induced economic crisis, does not bode well for... 


Poor manufacturing production data bodes ill for the economy, says SEIFSA
12th June 2020 By: Creamer Media Reporter

The latest manufacturing production data released by Statistics South Africa this afternoon is consistent with the economy’s poor performance since the beginning of the year and does not bode well... 


Pandemic dashes hopes for a domestic steel sector turnaround
Pandemic dashes hopes for a domestic steel sector turnaround
12th June 2020 By: Simone Liedtke

The international Covid-19 outbreak, which has disrupted the South African and global economies, has thrown another “spanner in the works” for the already embattled domestic steel sector and could... 


Pandemic dashes hopes for a domestic steel sector turnaround
Pandemic dashes hopes for a domestic steel sector turnaround
12th June 2020 By: Simone Liedtke

The international Covid-19 outbreak, which has disrupted the South African and the global economy, has thrown another “a spanner in the works” for the already embattled domestic steel sector and... 


South African manufacturing decreases 5.4% in March
11th June 2020 By: Simone Liedtke

Manufacturing production in South Africa decreased by 5.4% year-on-year in March, likely as a result of the Covid-19 pandemic and subsequent lockdowns. The largest negative contribution was made by... 


Unexpected uptick in PMI for May 2020 is refreshing, says SEISA
2nd June 2020 By: Creamer Media Reporter

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... 


Production capacity rises in May but to remain subdued until demand grows
1st June 2020 By: Donna Slater

Having plunged to an all-time low of 5.1 index points in April, financial services provider Absa’s Purchasing Manager’s Index (PMI) survey rose sharply to 43.2 index points in May, propelled by... 


SEIFSA welcomes SARB’s 50 basis points interest rate cut
22nd May 2020 By: Creamer Media Reporter

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... 


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