Henk Langenhoven, our Chief Economist, discusses the challenges faced in the metals and engineering industries and the Industrial Policy Action Plan in this thought provoking opinion editorial in The Star, Business Times. Read it below.
JOHANNESBURG, 8 FEBRUARY 2016 – The metals and engineering sector, which has been seriously under-performing in recent years, will come under microscopic scrutiny when stakeholders from business, labour and Government meet at the second Southern African Metals and Engineering Sector in May.
JOHANNESBURG, 6 March 2015 – Exploring opportunities to strike a healthy balance between international competition and dumping will be the main focus of the second plenary session of the inaugural two-day Southern African Metals and Engineering Indaba scheduled to take place on 28 and 29 May.
JOHANNEBURG, 17 August 2016 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) today welcomed the court’s decision to set aside the electricity price increase approved by the National Energy Regulator of SA (Nersa) a few months ago.
Nersa had previously approved Eskom’s application to increase its electricity tariff from a previous hike of 3.4% to 9.4%, applicable from 2016. At the time of these developments, SEIFSA condemned the increase and raised concerns on the impact of expensive electricity on the already pressured metals and engineering sector.