RAMAPHOSA LEADERSHIP IS JUST WHAT SOUTH AFRICA DESPERATELY NEEDS AT THE MOMENT, SAYS SEIFSA

JOHANNESBURG, 17 FEBRUARY 2018 – President Cyril Ramaphosa’s inaugural State-of-the-National Address last night was a clear indication that South Africa is on the verge of turning the corner and re-embracing the values that made the country internationally respected under the leadership of former president Nelson Mandela, Steel and Engineering Industries Federation of Southern Africa (SEIFSA) Chief Executive Officer Kaizer Nyatsumba said today.

He said the Federation welcomed not only the inspirational, inclusive leadership demonstrated by President Ramaphosa during his speech last night, but especially the fact that he had sent a very clear message that he would do everything possible to reduce the size of our bloated Cabinet, vigorously fight the scourge of corruption and work with all stakeholders to grow the country’s economy.Mr Nyatsumba expressed the hope that President Ramaphosa would mobilise his colleagues within both the Government and the African National Congress to ensure that the impressive commitments that he outlined in Parliament on Friday evening were delivered upon expeditiously.

“When former president Jacob Zuma announced his Cabinet after the 2014 general elections, SEIFSA was the first to raise serious concerns about the bloated size of his Cabinet. While our concern at the time was the fact that Zuma’s Cabinet was one of the largest in the world, we subsequently came to know that a significant percentage of those appointed Ministers and Deputy Ministers then were pliable individuals whose competence and integrity was seriously questionable.

“We welcome President Ramaphosa’s commitments to reduce the size of his Cabinet, to fight corruption fearlessly, to appoint men and women of integrity into key positions in the public sector and, more importantly, to work in partnership with business and labour to revive manufacturing and to grow the economy,” Mr Nyatsumba said.

He added that, during his speech, President Ramaphosa had demonstrated inspirational, unifying leadership of the kind that South Africa has sorely lacked over the past few years.

“After years of increasingly being an international laughing stock, once again it felt good to be a South African on Friday evening,” said Mr Nyatsumba. He urged President Ramaphosa and his Cabinet to spare no effort in their work to reposition South Africa in the international community from yet another typical African country to a desirable, well-led, corruption-free country that would be an attractive investment destination.

Mr Nyatsumba said SEIFSA looked forward to working with the Ramaphosa government to change the fortunes of both the metals and engineering sector in particular and manufacturing in general.

 

Issued by:
Ollie Madlala
Communications Consultant
Tel: (011) 298 9411 / 082 602 1725
Email: ollie@seifsa.co.za
Web: www.seifsa.co.za

 

SEIFSA is a National Federation representing 23 independent employers. Associations in the metals and engineering industries, with a combined membership of 1600 companies employing around 200 000 employees. The Federation was formed in 1943 and its member companies range from giant steel-making corporations to formed in 1943 and its member companies range from giant steel-making corporations to micro-enterprises employing few than 50 people.


CELEBRATING INNOVATION IN THE METALS AND ENGINEERING SECTOR

Johannesburg, 19 February 2018 – There is no doubt that innovation has an enormous role to play in economic development. Not only does it contribute towards producing goods and services more efficiently, but it also contributes towards employment creation and poverty reduction.

Unlike its emerging-market counterparts, South Africa lags behind when it comes to innovative economic growth. That is why there is an urgent need to harness South Africa’s untapped potential for innovation and ultimately create the desperately-needed employment opportunities for South Africa’s unemployed millions.

“It is for this reason, among others, that the Steel and Engineering Industries Federation of Southern Africa (SEIFSA) established the SEIFSA Awards for Excellence to encourage innovation and growth and to celebrate excellence in the metals and engineering sector,” SEIFSA Chief Executive Officer Kaizer Nyatsumba said today.

“In such volatile economic times and a challenging business environment, we at SEIFSA believe that companies operating in the manufacturing sector in general and the metals and engineering sector in particular should invest in innovative technological advancements if they are to compete successfully with international players.

We also believe that it is of critical importance that companies that excel at what they do get the acknowledgement and recognition they deserve. This is another reason we established the SEIFSA Awards for Excellence,” Mr Nyatsumba said.

SEIFSA Awards entrants will be assessed on their performance in the period January 1, 2017 to December 31, 2017 in seven different categories, namely:

  • The Most Innovative Company of the Year, which will be awarded to a company that showed the best level of innovation in research and development or production in 2017;
  • The Health and Safety Award of the Year will be offered to a company with the best legal compliance record in Health and Safety or the lowest Lost-Time Injury Frequency rate in 2017;
  • Entries are also invited from companies whose Corporate Social Investment (CSI) programme/s in 2017 had a major impact on the lives of their beneficiaries;
  • The company rated the highest in customer service performance in 2017 will receive the Customer Service Award of the Year;
  • The Most Transformed Company of the Year Award will be received by a company that showed the highest transformation level in the composition of its Board of Directors, Executive Management and Managerial Team in 2017 (this award category pits companies employing fewer than 100 people against those of similar size, and companies employing more than 100 companies against others of similar size);
  • This is the Decade of the Artisan, and an award will be made to the company that trained the highest number of artisans in 2017;
  • The Environment Stewardship Award will go to a company that has successfully implemented greening initiatives in its day-to-day business operations in 2017.

Mr Nyatsumba encouraged manufacturers operating in the metals and engineering sector to submit their entries for the seven categories before the deadline date of 29 March 2019. Participants can enter by visiting the SEIFSA awards website (awards.seifsa.co.za).

Winners of the Awards will be honoured at a ceremony that will take place at the IDC Conference Centre in Sandton on 24 May 2018.

Issued by:
Ollie Madlala
Communications Consultant
Tel: (011) 298 9411 / 082 602 1725
Email: ollie@seifsa.co.za
Web: www.seifsa.co.za

 

SEIFSA is a National Federation representing 23 independent employers. Associations in the metals and engineering industries, with a combined membership of 1600 companies employing around 200 000 employees. The Federation was formed in 1943 and its member companies range from giant steel-making corporations to formed in 1943 and its member companies range from giant steel-making corporations to microenterprises employing few than 50 people.


SEIFSA CEO Featured On SABC News

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SEIFSA WELCOMES JACOB ZUMA’S RESIGNATION AND CALLS ON CYRIL RAMAPHOSA TO RESTORE SOUTH AFRICA’S BATTERED IMAGE ABROAD

Johannesburg, 15 February 2018 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the eventual resignation of former president Jacob Zuma last night and congratulates the ANC leadership for the  decisive steps that it finally took this week to precipitate Mr Zuma’s resignation, SEIFSA Chief Executive Officer Kaizer Nyatsumba said this morning.

Mr Nyatsumba said that under the Zuma administration, the South African economy was terribly stunted and bled thousands of jobs across many sectors, corruption became pervasive and the country suffered multiple sovereign credit ratings downgrades.

Mr Nyatsumba congratulated the ANC leadership for its eventual decisive handling of the impasse surrounding Mr Zuma this week, and said the ongoing stalemate was not in the country’s best interest.

He said that SEIFSA stood ready to work with the new leadership of the country – with current Deputy President Cyril Ramaphosa likely to be at the helm – and other stakeholders to arrest South Africa’s economic and moral decline and to place the country on a new growth trajectory. He said that it would be paramount for the new leadership to take bold steps to ensure that all those alleged to have been involved in corruption are removed from their cushy positions, arrested and prosecuted.

“Mr Ramaphosa and his colleagues face considerable challenges ahead to rid the Government and the public sector of a deeply-entrenched culture of indolence, entitlement and corruption, and to replace these ills with a new culture of hard work and conscientious public service. They have a very important responsibility to reach out meaningfully to the business and labour constituencies and to work with them as indispensable partners for economic growth.

“Like many other business representatives, SEIFSA stands ready to work with Mr Ramaphosa and his team in the best interests of South Africa Incorporated. We look forward to a meeting with them as soon as possible,” Mr Nyatsumba said.

He said that, once elected the new President of South Africa, Mr Ramaphosa would have to:

  • Remove from the current Cabinet those arrogant and inefficient Ministers alleged to have been part of the State Capture project or to have been involved in other forms of corruption and malfeasance;
  • Reduce the size of the currently-bloated Cabinet and appoint only capable men and women of integrity who will understand that their primary responsibility is to serve the people of South Africa, and not their friends or political masters; and
  • Review the Boards of all State-owned companies and ensure that only experienced and suitably-qualified men and women of integrity, with a solid understanding of corporate governance and who can add real value, are appointed onto those Boards of Directors.

Mr Nyatsumba expressed confidence that, unlike his predecessor who was woefully out of his depth in the role, President Ramaphosa – who has combined experience and expertise in labour, business and government and a firm grasp of how the economy works – will know and appreciate the simple facts that it is business that creates jobs, and not governments, and that South Africa is involved in a never-ending competition for foreign investment with many other countries around the world.

“We call on Mr Ramaphosa and his Government to take decisive steps to build business confidence, thereby clearing the way for investment in the economy, job creation and inclusive economic growth.

“We also call on him to move with speed to restore South Africa’s battered image abroad and to make South Africa the kind of country of which our founding father, Nelson Mandela, would have been proud,” said Nyatsumba.

 

Issued by:

Ollie Madlala

Communications Consultant

Tel: (011) 298 9411 / 082 602 1725

Email: ollie@seifsa.co.za

Web: www.seifsa.co.za

 

SEIFSA is a National Federation representing 23 independent employers. Associations in the metals and engineering industries, with a combined membership of 1600 companies employing around 200 000 employees. The Federation was formed in 1943 and its member companies range from giant steel-making corporations to formed in 1943 and its member companies range from giant steel-making corporations to micro-enterprises employing few than 50 people.


THE MODEST UNEMPLOYMENT SLOWDOWN IS MISLEADING, SAYS SEIFSA

JOHANNESBURG, 13 FEBRUARY 2017 – The employment data released today by Statistics South Africa (Stats SA) – showing a mild slowdown in the unemployment rate, amidst slowly improving optimism in the broader economy – can be misleading when analysed comprehensively, Steel and Engineering Industries Federation of Southern Africa (SEIFSA) Chief Economist Michael Ade said today.

He said the household-based Quarterly Labour Force Survey (QLFS) released by Stats SA showed that the unemployment rate slowed from 27.7% in quarter 3 of 2017 to 26.7% in quarter 4 of 2017, reflecting a slight improvement of 1.0 percentage point when quarter 4 of 2017 is compared to quarter 3 of 2017. On a year-on-year basis, the data show a slight increase in the unemployment rate by 0.2 percentage points.

Dr Ade said the manufacturing sector, which is inclusive of the Metals and Engineering (M&E) sub-sector, was one of three sectors which recorded employment gains. It recorded an increase of 42 000 jobs during the quarter and 63 000 jobs in the year, representing 2.4% and 3.7% quarter-to-quarter and year-on-year changes respectively. A modest improvement in the employment numbers of industrial production was recorded.

On a quarter-to-quarter basis, industrial production recorded a net gain of 3000 jobs, followed by an impressive year-on-year net gain of 71 000 jobs.

Dr Ade said lthough construction employment had performed poorly on a year-on-year basis, the sector had recorded an increase in employment of 26 000 jobs in quarter 4 when compared to quarter 3 of 2017, highlighting the seasonal effect and up-tick in employment, driven by a slight increase in construction works.

He said a nuance of the aggregate data showed a corresponding increase in economically inactive job seekers both on a quarter-to-quarter basis and on a year-on-year basis, with the data also revealing that the working-age population grew by 152 000 or 0.4 percent, while the labour force congruently declined by 351 000 persons.

“This means that there is basically a re-allocation from the unemployment cue to the despondent cue. On a year-on-year basis, the total number of economically inactive individuals increased by 419 000, representing a 2.8% change. In this mix, the portion of discouraged work seekers (246 000) outweighs the number of other economically inactive (173 000) individuals.

“This is a cause for concern and a need still exists to continuously analyse the underlying unemployment dynamics with the aim of seeking a workable solution,” said Dr Ade.

He said while it was clear that challenges which inhibited the economy from absorbing the increasing numbers of unemployed still persisted, compounded by both seasonal and cyclical unemployment, there was an urgent need to address issues relating to structural unemployment and skills mis-match between available jobs and skill levels in the country.

Dr Ade said the slight gains in employment recorded in most industrial sectors were expected to be reversed in the first quarter of 2018 since most job opportunities during the festive period were seasonal.

“This places more emphasis on the need to continuously improve on business confidence and sentiments and simultaneously boost consumer spending aimed at expanding the domestic economy. The potential benefit will trigger new investments into industrial sectors with the potential of creating new sustainable jobs across all industrial sectors,” Dr Ade said.

Issued by:
Ollie Madlala
Communications Consultant
Tel: (011) 298 9411 / 082 602 1725
Email: ollie@seifsa.co.za
Web: www.seifsa.co.za

 

SEIFSA is a National Federation representing 23 independent employers. Associations in the metals and engineering industries, with a combined membership of 1600 companies employing around 200 000 employees. The Federation was formed in 1943 and its member companies range from giant steel-making corporations to formed in 1943 and its member companies range from giant steel-making corporations to micro-enterprises employing few than 50 people.


SEIFSA AWARDS FOR EXCELLENCE – CALL FOR ENTRIES

Johannesburg, 11 February 2018 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) invites manufacturers operating in the metals and engineering sector to submit their entries for the 2018 SEIFSA Awards for Excellence – which are open to all companies in the sector, including those which are not members of SEIFSA.

Born out of the need to encourage growth and celebrate excellence in the metals and engineering sector, the SEIFSA Awards for Excellence offer a great opportunity for companies operating in this vital sector to receive well-deserved recognition by industry peers for their capabilities, expertise and innovation.

“In such volatile economic times and a challenging business environment, we at SEIFSA believe that it is critically important for those companies that excel at what they do to get the acknowledgement and recognition they deserve,” SEIFSA Chief Executive Officer Kaizer Nyatsumba said.

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Entrants will be assessed on their performance in the period January 1, 2017 to December 31, 2017 in seven different categories, namely:

  • The Most Innovative Company of the Year, which will be awarded to a company that showed the best level of innovation in research and development or production in 2017;
  • The Health and Safety Award of the Year will be offered to a company with the best legal compliance record in Health and Safety or the lowest Lost-Time Injury Frequency rate in 2017;
  • Entries are also invited from companies whose Corporate Social Investment (CSI) programme/s in 2017 had a major impact on the lives of their beneficiaries;
  • The company rated the highest in customer service performance in 2017 will receive the Customer Service Award of the Year;
  • The Most Transformed Company of the Year Award will be received by a company that showed the highest transformation level in the composition of its Board of Directors, Executive Management and Managerial Team in 2017 (this award category pits companies employing fewer than 100 people against those of similar size, and companies employing more than 100 companies against others of similar size);
  • This is the Decade of the Artisan, and an award will be made to the company that trained the highest number of artisans in 2017;
  • The Environment Stewardship Award will go to a company that has successfully implemented greening initiatives in its day-to-day business operations in 2017.

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Mr Nyatsumba encouraged manufacturers operating in the metals and engineering sector to take advantage of the opportunities for recognition offered by the SEIFSA Awards for Excellence and submit their entries for the seven categories before the deadline date of 20 April 2018. Participants can enter by visiting the SEIFSA awards website (www.seifsaawards.co.za).

Winners of the Awards will be honored at a ceremony that will take place at the IDC  Conference Centre in Sandton on 24 May 2018.

Please note that the closing date for entries is 20 April 2018.

 

Issued by:

Ollie Madlala

Communications Consultant

Tel: (011) 298 9411 / 082 602 1725

Email: ollie@seifsa.co.za

Web: www.seifsa.co.za

 

SEIFSA is a National Federation representing 23 independent employers. Associations in the metals and engineering industries, with a combined membership of 1600 companies employing around 200 000 employees. The Federation was formed in 1943 and its member companies range from giant steel-making corporations to formed in 1943 and its member companies range from giant steel-making corporations to micro-enterprises employing few than 50 people.

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NATIONAL BUDGET GUEST SPEAKER PROFILES

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Siya Biniza (Political Economy
Southern Africa – PESA)

Siya is a Political Economist specialising in Development Finance, Industrial Development, and Regional Integration. He has an insightful understanding of the political economy of development, entrepreneurship, and public affairs for corporations and social formations. His particular interest is advocating for regional integration as the solution to slow economic growth and exposure to global finance in South Africa, driven by the Southern African Development Community (SADC) Regional Integration Strategy and Roadmap.

Siya holds an M.Com and a B.Com (Hon.) in Development Theory and Policy from the University of the Witwatersrand. He also holds a B.Soc.Sci in Politics, Philosophy and Economics from the University of Cape Town.

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Professor Patrick Bond 
(Wits School of Governance)

Patrick Bond is Professor of political economy at the Wits School of Governance and from 2004-16, directed the University of KwaZulu-Natal Centre for Civil Society. His PhD studies were at Johns Hopkins University (1985-93) under the supervision of David Harvey, and he also studied at Swarthmore College, the Peabody Conservatory and the University of Pennsylvania. He has lived in Southern Africa since 1989, and was editor/author of more than a dozen policy papers in the Mandela government.

His books include BRICS (edited with Ana Garcia, 2015), Elite Transition (2014), South Africa – The Present as History (with John Saul, 2014), Politics of Climate Justice (2012), Durban’s Climate Gamble (2011) and a dozen others.

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Charles Dednam (CD Research)

Charles is an Independent Strategist and Consultant with specific expertise in setting steel price policy and strategy, and managing and marketing in regards to steel price system and price tactics. With a B.Com (Hon.) in Communications and Economy from North-West University, Charles continued to gain more than thirty years of industry experience.

Beginning as an Economist for Arcelor Mittal, Charles advanced to Group Manager of Marketing, specializing in strategic consultation and business plan development. Drawing on profound industry knowledge, Charles set out to offer independent services, allowing him to embrace and extend his abilities to companies in the Mining and Metals Industry. Highly regarded for his ability to optimize marketing functions on an international level, Charles consistently enhances his reputation as he builds sustainable relationships with industry partners around the globe.

Charles is affiliated with the South African Institute of Steel Construction, the South African Iron and Steel Institute, the International Iron and Steel Institute, the Steel Pipe and Tube Association and the Wire Association of South Africa.


SEIFSA CONFIDENT ABOUT A REBOUND IN METALS AND ENGINEERING SECTOR

SEIFSA IS WORRIED BY THE ANNOUNCEMENT OF THE U.S DEPARTMENT OF COMMERCE IN ITS ANTIDUMPING DUTY INVESTIGATIONS OF IMPORTS OF CARBON AND ALLOY STEEL WIRE ROD FROM SOUTH AFRICA

Johannesburg, 8 February 2018 – The latest preliminary production data for the metals and engineering (M&E) sector, released by Statistics South Africa (StatsSA) this afternoon, reflect a slowdown in production in December 2017, despite a 2% increase in the broader manufacturing production during the same period, Steel and Engineering Industries Federation of Southern Africa (SEIFSA) Economist Marique Kruger said today.

The preliminary StatsSA data revealed that production in the M&E sector decelerated to 19.3 % in December 2017 on a month-on-month basis, when compared to the 1.0% recorded in November 2017. Ms Kruger said the enhanced volatility in the data was partly accounted for by the seasonal effect.

Ms Kruger said notwithstanding a favourable global growth outlook, “constrained domestic conditions” did not help in sustaining the upswing in the M&E sector production recorded in November 2017.

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The poor month-to-month performance of the M&E sector in December 2017 is inconsistent with the general growth in the annual production recorded by the entire M&E sector for the full year 2017. Companies in the sector have yet to benefit from the improved annual production recorded last year as challenges prevalent to the sector still remain. Some of these include under-utilisation of capacity, high unit labour costs and low productivity levels, which negatively impact on margins and net operating surplus levels,” Ms Kruger said.

She added that the performance of key economic indicators for the M&E sector – such as the Producer Price Index (PPI) for intermediate manufactured goods and the Purchasing Managers Index (PMI) –  were also crucial in bolstering margins and supporting further growth prospects in the sector.

On average, the PPI for intermediate manufactured goods decreased from 6,8% in 2016 to 4.0% in 2017, while the average PMI decreased from 49.1 in 2016 to 47.4 in 2017. Ms Kruger said while falling prices were beneficial to buyers of the M&E sector’s products, the same could not be said about the businesses in the sector which were concerned about declining profit margins.

She said the Federation will continue to track the M&E production data and was optimistic that the January 2018 metals and engineering production number would rebound.

Issued by:

Ollie Madlala

Communications Consultant

Tel: (011) 298 9411

Email: ollie@seifsa.co.za

Web: www.seifsa.co.za

 

SEIFSA is a National Federation representing 23 independent employers. Associations in the metals and engineering industries, with a combined membership of 1600 companies employing around 200 000 employees. The Federation was formed in 1943 and its member companies range from giant steel-making corporations to formed in 1943 and its member companies range from giant steel-making corporations to micro-enterprises employing few than 50 people.

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THE LATEST LABOUR LAW DECISIONS AND ANALYSIS, STRAIGHT TO YOU! 9 MARCH 2018

Venue: Johannesburg Country Club, Auckland Park

Time: 09:00 – 15:00

DATE: 9 March 2018

Seminar: LABOUR LAW: NEW DEVELOPMENTS AND THE CHANGING LANDSCAPE

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SEIFSA has taken it upon itself to leverage our outstanding legal talent to bring labour law experts and practitioners in the metals and engineering industry up-to-date with regards to current developments in labour law.

Our goal is to ensure that you are in the know about the latest labour law court decisions that have re-shaped the labour law landscape. You will be empowered to apply these principles in your own environment and safeguard your compliance with labour law rules. The outcome is to encourage your Industrial relations practitioners in diligently dealing with labour law issues in the workplace, and in the dispute resolution forums such as the CCMA and the Bargaining Councils.

Therefore giving you control of how to respond to unfair labour practices, in order to protect your businesses.

Bridgette Mokoetle, Advocate Zach Might, and Michael Lavender bring more than 50 years of experience combined to bear on the subject and will each be conducting presentations which are practical and contain elements which will be easy to implement at your company.

The following people will find this course vital to their everyday work experience:

  • Human Resources Practitioners
  • Company secretaries
  • Labour Relations (LR) Practitioners
  • Bargaining council arbitrators
  • Line Managers responsible for a HR/LR function
  • Legal Practitioners

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IR&LS Workshops February to March 2018

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