was successfully added to your cart.

Basket

SA Reserve Bank

SEIFSA Welcomes Reserve Bank’s Repo Rate Cut

By | Featured, Latest News, Press Releases | No Comments

Johannesburg – 18 July 2019, The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the South African Reserve Bank’s decision to reduce both the repo and prime lending rates by 25 basis points, and said the decision has the potential of stimulating local consumer demand and boosting production towards reviving the stuttering economy.

Speaking after the Governor’s announcement, SEIFSA Chief Economist Michael  Ade said the decision provides some relief for businesses, which continue to operate in a tough economic environment characterized by low domestic growth, subdued demand, high unemployment, volatile output, high unit labour costs and poor business activity levels.

Moreover, Gross Domestic Product (GDP) growth has consistently deteriorated since quarter three of last year, despite the rebound from a technical recession, reflecting a continuing period of strain for businesses in 2019, with first-quarter growth results having shown a 3.2% annualised contraction.

“The performance of high-frequency data since the beginning of the year is also worrisome. The manufacturing Purchasing Managers’ Index, a proxy for business activity, has been trending in the contractionary zone from January 2019, reflecting generally poor inventory levels amid challenging supply chain management,” Dr Ade said.

He added that manufacturing firms, including those in the diverse metals and engineering (M&E) cluster of industries, are wary, as indices of business confidence and business expectations are gradually constricting, with the undesired potential of negatively impacting on competitiveness, investment, production and employment.

Dr Ade said the Reserve Bank’s decision to ease monetary policy is welcome, given the need to stimulate consumer demand further and improve on an ever-gloomy domestic outlook in the medium term.

“The timing, against the backdrop of moderate official inflation numbers, is apt, given the need also to stimulate spending by over-indebted consumers with restrained purchasing power. Correspondingly, the dovish stance of the US Federal Reserve ank, which has signalled possible rate cuts of as much as half a percentage point later this year, must have partly influenced the outcome by the Monetary Policy Committee members,” he said.

In conclusion, Dr Ade said the lowered interest rates will reduce borrowing costs of direct investors and domestic companies within the M&E cluster, thus benefitting key industries which are drivers of its domestic demand and supply patterns, and boosting overall demand for its intermediate products, towards better production levels. Moreover, it will help struggling companies to mitigate production costs, offset rising petrol prices and losses arising from pricey intermediate imports, and provide a basis for an improved differential for businesses faced with ever-fluctuating selling price inflation.

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

SEIFSA is a National Federation representing 21 independent employer 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 micro-enterprises employing fewer than 50 people.
Continuous Positive Growth

Continuous Positive Growth in Manufacturing Output despite a Spluttering Domestic Economy Is Encouraging, Says SEIFSA

By | Featured, Latest News, Press Releases | No Comments

Johannesburg, 11 June 2019 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is encouraged by the continuous positive growth in broader manufacturing sector production, as indicated in manufacturing production figures released by Statistics South Africa (Stats SA) this afternoon.

Speaking after the release of the data, SEIFSA Economist Marique Kruger said despite the struggling economy and continuous headwinds faced by companies in the broader manufacturing sector, in which includes the Metals and Engineering (M&E) cluster of industries, businesses were able to stay resilient.

The latest preliminary seasonally-adjusted production data for the broader manufacturing sector released by Stats SA indicated that output improved to 4.6 percent year-on-year in April 2019, when compared to April 2018. On a continuous three-monthly basis, output in the broader manufacturing sector consecutively trended positively from 0.7 percent in February 2019, to 1.3 percent in March 2019 and to 4.6 percent in April 2019. On a month-on-month basis, the manufacturing sector’s performance was also inspiring – registering 2.8 percent in April 2019 when compared to 0.9 percent March 2019.

Ms Kruger said despite the encouraging production data, there are still concerns regarding various constraints, including volatility in exchange rate, increasing intermediate input costs, operational costs and high fuel and energy costs.

“These variables, no doubt, dropped the value add by manufacturing to the Gross Domestic Product (GDP) in quarter one of 2019, and have the ability to further hinder manufacturing contribution in the second quarter of 2019,” she said.

However, Ms Kruger said, the expectation is for the generally weak exchange rate to boost manufacturing export competitiveness in the mid-term, to the benefit of businesses, in order to stay resilient and build on the positive performance of the last three months, as we collectively seek ways of re-igniting long-term growth and the sector’s value add.

 

Issued by:

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

SEIFSA is a National Federation representing 23 independent employer 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 micro-enterprises employing fewer than 50 people.
South Africa’s New Labour Laws

SEIFSA Brings Its Significant Experience to Bear on South Africa’s New Labour Laws

By | Featured, Latest News, Press Releases | No Comments

31 July 2019

SEIFSA is proud to present it significant expertise in Industrial Relations and Legal Services (IR&LS) on the 24 July 2019. The occasion is SEIFSA’s Industrial Relations and Legal Services Division’s exploration of South Africa’s Labour Laws.

At this event, you can expect the best in thought leadership and guidance designed to help any Human Resources Practitioners, Industrial Relations Managers and people in any organisation wishing to understand in a practical way  how to implement and prepare their organisations for changes, happening as we speak and running concurrently in a negotiations year.

The event will showcase the following SEIFSA Thought Leaders:

  • Lucio Trentini (Operations Director)
  • Sibusiso Mthenjane (Industrial Relations & Legal Services Executive)
  • Michael Lavender (Industrial Relations Manager)
  • Zolile Moyikwa (Legal Services Manager)
Lucio Trentini

The face of the metals and engineering Main Agreement Negotiating Team and an unrivalled expert on Industrial Relations since 1990, Trentini has made it his mission to guide companies through a complicated labour law landscape in South Africa.

Trentini holds a BA in Economics and Industrial Psychology and a Post-Graduate Diploma in Management from the University of the Witwatersrand and the Graduate School of Business Administration respectively. He also holds an Expert Negotiator Certificate issued by the Gordon Institute of Business Science (GIBS).

Sibusiso Mthenjana

An admitted attorney, Sibusiso Mthenjana joined SEIFSA as Industrial Relations and Legal Services Executive on 1 May 2019. He holds an LLB degree from the University of Zululand and is currently working on an LLM at the University of South Africa.

Mthenjana has previously worked as Legal Manager at the National Health Laboratory Service, as Company Secretary at Thembalethu Development NPC, as Group Company Secretary at TEBA, as Company Secretary/Head of Legal at Mpumalanga Regional Training Trust,
as Legal Manager at South African Music Rights Organisation and as Legal Services and Administration Manager at Chief Albert Luthuli Municipality. He has also practised as an attorney while working for STRB Attorneys, Mavimbela Mthenjana Attorneys and his own law firm, Mthenjana Attorneys.

Michael Lavender

Serving SEIFSA and its members since 1991, Michael Lavender has held various positions within the Industrial Relations Division, including as Senior Industrial Relations Advisor and Industrial Relations Services Training Manager, and was appointed to the position of Industrial Relations Manager in 2013.

Michael has gained extensive knowledge and experience and his daily duties include, but are not limited to:

  • advising and training companies on the Main Agreement and labour law;
  • chairing hearings in the areas of disciplinary, incapacity, grievance; and

Representing various companies in retrenchment consultations and other industrial relations matters, such as disputes and industrial action, as well as at the CCMA and the MEIBC Bargaining Council at conciliation and arbitration.

Lavender holds a Bachelor of Social Sciences degree, majoring in Industrial Psychology and Economics, from the University of KwaZulu-Natal (formerly the University of Natal), a Personnel Management Trainee Programme from Rand Mines, a Certificate Programme in Industrial Relations (CPIR) from the University of the Witwatersrand’s Graduate School of Public and Development Management (Wits Business School), and An Expert Negotiator Certificate issued by the Gordon Institute of Business Science (GIBS).

Zolile Moyikwa

Zolile Moyikwa joined SEIFSA in August 2018 as an Industrial Relations and Legal Services Manager.

He is an Admitted Attorney registered with the Law Society of Northern Provinces and the Law Society of Cape of Good Hope. He has a wide range of experience gained through partnering and working for various institutions, among them in Private Practice and the Department of Justice.

His excellent organizational and client relationship management capabilities mean that he is able to work with people across a broad spectrum. As an attorney, Moyikwa  was trained andgained experience in litigation, drafting policy formulation, interpretation of statutes, drafting of contracts and vetting thereof.

At SEIFSA his daily duties include Labour Court Litigation, advising and training companies, chairing hearings in the areas of disciplinary, incapacity, grievance, retrenchment consultations and industrial relations matters, as well as attending to CCMA,  the MEIBC Bargaining Council for conciliation and arbitration and the Labour Court for litigation.

Johnathan Goldberg

Johnathan Goldberg is the CEO of Global Business Solutions and holds several qualifications, including a BComm, LLB and an MBA (cum laude). Over the past 20 years, he has been at the forefront of the changing labour law landscape, leading negotiations at plant, industry and NEDLAC levels. He assists clients to navigate the dynamic regulatory environment.

Goldberg holds several key roles, including being nominated as a business representative, as employment conditions commissioner, chief operating officer of the Confederation of Associations in the Private Employment Sector (CAPES), member of the Employment Services Board, and as a BUSA representative at NEDLAC focusing on labour law amendments, including a-typical employment. He continues to be actively involved in various industries, leading and advising on negotiations in numerous sectors of the economy.

SEIFSA RESPONDS TO GOVERNMENT’S CALL TO COMPLY WITH LABOUR LAWS

SEIFSA has noted the Government’s insistence for companies to comply with new labour laws as quickly and as seamlessly as possible. The Government made the call as South Africa joined the world in commemorating Workers’ Day last month.

“For South Africa, this day holds particular importance as it emanated from the protracted struggle for workers’ rights and social justice of the late 1800s. Government expresses its appreciation to all workers for their contribution to the economy and the role of labour unions,” the Government Communication and Information System (GCIS) said. President Cyril Ramaphosa, encouraged companies and institutions which are resisting transformation to be part of the solutions that will lead to the development of South Africa.

“Our Seminar on 24 July is part our ongoing support to the metals and engineering industry to ensure that companies are strategically positioned for innovation, growth and development of their human capital to realise their full potential”, says Operations Director Lucio Trentini.

Free Trade Area

SEIFSA Welcomes Launch of Africa Continental Free Trade Area, Which Provides a Wider Market with Huge Value for Local Businesses

By | Featured, Latest News, Press Releases | No Comments

Johannesburg, 2 June 2019 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the official beginning of the African Continental Free Trade Area (AfCFTA) on 30 May 2019, which provides access to a continent-wide market of 1.2 billion people worth $2.5 trillion.

SEIFSA Chief Economist Michael Ade said the deal, which effectively places Africa as the world’s largest free trade zone by population since the 1995 creation of the World Trade Organisation (WTO), has remarkable potential for intra-continental trade.

“This is a huge milestone in achieving African economic integration. SEIFSA commends the 24 countries that had ratified the Agreement by 30 May, thus bringing it into force,” said Dr Ade.

The Agreement’s operational phase will be launched on July 7 at an African Union summit in Niger, with some minor issues – including rules of origin – still to be resolved. The Agreement which will effectively breathe life to the largest trading bloc in the world,  enables the creation of a single continental market for goods and services, with free and unfettered movement of business people and investments. It cuts duties on 90% of goods and is expected to boost regional and international trade and to improve on the proportion of trade by African nations with continental neighbours.

Dr Ade said the AfCFTA presents a unique opportunity for South African-based companies to trade with those of other regions, such as in West and Central Africa where there is a dearth of trade agreements. He encouraged companies in the metals and engineering sector to take advantage of the Agreement to boost trade further North and East of the continent.

“Due to challenges principally caused by poor logistics and infrastructure, most businesses had limited their trading opportunities to the southern part of the continent. The Agreement provides a scope for more improved trade in line with the African Union’s Agenda 2063 – and this is good news,” he said.

Dr Ade cautioned that rather than limiting themselves to producing a particular set of goods, local companies should conduct market research, move with the times and produce goods currently needed by other African countries. He said it was very important for trade among Africans to be expanded, since uncertainties in international trade increase the premium on regional intra-African trade.

“The AfCFTA proves that Africa has learnt from the experience of East Asia and Latin America to build productive trading capacities through regional value chains. This will help build collectively the competitiveness of African products – including raw materials – internally and internationally. By trading with other African member states, South Africa will strengthen its position and improve gains from international trade,” Dr Ade said.

However, Dr Ade also urged African leaders to do away with remaining challenges that pose a threat to intra-African trade. He said non-tariff barriers such as the plethora of documentation needed for cross-border trade transactions were even bigger impediments to intra-African trade.

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

SEIFSA is a National Federation representing 21 independent employer 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 micro-enterprises employing fewer than 50 people.
SEIFSA Awards For Excellence

HC Heat Exchangers, Pamodzi Win Big At Fifth SEIFSA Awards for Excellence

By | Featured, Latest News, Press Releases | No Comments

Johannesburg, 23 May 2019 – HC Heat Exchangers and Pamodzi Unique Engineering were amongst the big winners announced at the glamorous SEIFSA Awards for Excellence ceremony held at the Sunnyside Park Hotel in Parktown, Johannesburg last night.

The ceremony attended by metals and engineering sector movers and shakers saw HC Heat Exchangers walking away with the Most Innovative Company of the Year Award and Pamodzi Unique Engineering voted the Most Transformed Company of the Year Award.

Other winners were Babcock International (Environmental Stewardship Award), Howden (Health and Safety Award), Vesco Plastics (Customer Service of the Year Award), SNC Lavalin (Artisan Development of the Year Award) and Schneider Electric (Best Customer Service of the Year Award).

Former Cape Engineers and Founders Association Executive Director Colin Boyes was honoured with the CEO’s Award for Outstanding Contribution to the Industry, Koketso Lekganyane got the CEO’s Award for Student of the Year for excelling at the SEIFSA Training Centre in 2018, KSB Pumps and Valves was named Company of the Year for its outstanding support for SEIFSA and the Constructional Engineers Association got the nod for being the Association of the Year.

The judges were impressed by the work done by HC Heat Exchangers’s improvement of its offering by using its expertise to afford clients an opportunity to replace existing equipment that had an insufficient life cycle.

“Through designing and supplying this solution, the company moved away from being one of the many suppliers offering a commercial product to becoming a partner supplier and offering a complete solution to suit customers’ needs,” the judges stated.

SEIFSA CEO Kaizer Nyatsumba said an exciting development in this category is the donation by the SA Innovation Summit of three tickets for the upcoming Innovation Summit scheduled for 11-13 September 2019 in Cape Town. The top three entries in this category will be part of the conversation with a global network of innovators, discover new technologies and connect with fellow global leaders.

Pamodzi Unique Engineering was praised for having embraced transformation fully by not only focusing on just the ownership aspect of the Broad-Based Black Economic Empowerment codes, but also making significant progress in the employment equity as well as the enterprise and supplier development elements. This saw Pamodzi moving from level 6 on the scorecard in 2014 to level 2 in 2017. The judges were also impressed by the work the company has done to entrench its company culture, which is centred around the theme of “Togetherness”.

Babcock International’s victory followed the company’s initiative to protect, control and conserve water usage. This included the company’s monthly monitoring of its own water usage, its use of water meters through its different sites as well as its recycling and re-use of its own water. These initiatives, among others, resulted in a saving of approximately 5000 litres of water.

To win the Health and Safety Award, Howden demonstrated a multifaceted approach to risk management by implementing several programmes to influence positively the safety culture within the organization. Cognisance was taken of the influence of technology as a communication tool and customised software was used effectively to raise health and safety awareness.

In the artisan development category, SNC Lavalin stood out from its competitors as exceptional for a number of reasons, including the fact that the company not only committed to building its own training centre, but also committed to training key artisan trade skills that will both benefit itself and address South Africa’s scarce and critical skills needs such as the electrical, boilermaker and welding trades.

Vesco Plastics’s victory in the Customer Service of the Year category followed the company’s demonstration of improved customer service excellence and its resourcefulness based on specific customer requirements, while Schneider Electric’s Isiboniso: creating access to education and energy programme” – situated at the semi-rural Isiboniso Primary School in Orange Farm – which addressed numerous challenges faced by the school won the company the Best Corporate Social Responsibility Award.

Schneider Electric donated to the school two large, fully-furnished classroom containers with solar lighting products, joined by a roof structure that provides protection from extreme weather conditions. It also donated a solar street to assist with visibility and security on the school grounds at night and to provide a well-lit area for children to play.

SEIFSA CEO Kaizer Nyatsumba commended all the companies that had entered for the awards and congratulated the 2018 winners in the respective categories. He also thanked Rand Mutual Assurance for its support as a sponsor in one of the categories.

“SEIFSA maintains that it is critically important for those companies which excel at what they do to get the acknowledgement and recognition they deserve from their industry peers,” Mr Nyatsumba said.

He encouraged all companies operating in the metals and engineering sector – and not only those which are members of employer associations affiliated to SEIFSA – to continue to work hard to excel.

 

Issued by:

Ollie Madlala
Communications Manager
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 employer 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 micro-enterprises employing fewer than 50 people.
Unchanged Interest Rates

Unchanged Interest Rates Bodes Well For Businesses in The Metals And Engineering Sector

By | Featured, Latest News, Press Releases | No Comments

Johannesburg, 23 May 2018 – The South African Reserve Bank’s (SARB’s) decision to keep the repo and prime rate unchanged at 6.75 percent and 10.25 percent respectively augurs well for beleaguered businesses in the Metals and Engineering (M&E) sector, especially given the current state of the economy, the Steel and Engineering Industries Federation of Southern Africa (SEIFSA) said today.

Speaking after this afternoon’s announcement by the Reserve Bank, SEIFSA Chief Economist Michael Ade said businesses in the M&E cluster of industries continue to face headwinds, amid increasing operational expenses, stalled domestic demand, a weaker exchange rate and volatile margins.

“The generally weaker exchange rate, increasing logistics costs and rising input costs compound the cost of doing business locally. Moreover, there is additional pressure on local businesses coming from the external trading environment as a result of constricted global growth expectation due to trade war risks. If global growth expectation is lowered due to the global trade war, it is difficult to avoid systematic risks, especially to smaller economies. It also becomes very difficult for exporting companies to find new markets,” Dr Ade said.

He said that the sensible decision by the Reserve Bank’s Monetary Policy Committee (MPC) members to leave interest rates unchanged augurs well for local firms at the micro level – including small and medium enterprises which are very sensitive to interest rate changes – and exporting companies.

In conclusion, Dr Ade said the stable interest rate trajectory enables businesses to plan future production processes and make trade decisions with a reasonable degree of certainty. He said the positive effects on the cost of doing business in the broader manufacturing sector will invariably have a positive impact on the margins of struggling companies.

Dr Ade said the decision by the MPC was also expected to go a long way towards boosting local consumer demand for final manufactured goods, given that consumers now have a slight reprieve on their personal budgets. It also bodes well for the M&E cluster’s intermediate manufactured goods, which are principally driven by derived demand dynamics.

 

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

SEIFSA is a National Federation representing 23 independent employer 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 micro-enterprises employing fewer than 50 people.
Easing Consumer Inflation

Easing Consumer Inflation Bodes Well For Business and Consumers

By | Featured, Latest News, Press Releases | No Comments

Johannesburg, 22 May 2019 – The official inflation number released by Statistics South Africa (Stats SA) today bodes well for businesses and consumers overwhelmed by persistent, recent increases in fuel prices and a depreciating currency  which makes imported inputs more expensive, the Steel and Engineering Industries Federation of Southern Africa (SEIFSA) said this morning.

The annual consumer price inflation (CPI) slowed marginally to 4.4 percent in April 2019, from 4.5 percent in March 2019. The month-on-month movement in the consumer price index was 0.6 percent in April 2019.

“Given that the data eased well within the South African Reserve Bank’s (SARB) inflation target band, the downward trajectory is welcome. The release of the CPI data, which comes a day before the SARB is set to make an announcement on interest rates and inflation, will invariably impact on how Monetary Policy Committee (MPC) members may vote,” SEIFSA Economist Marique Kruger said.

She added that the slowdown in the official inflation number bodes well for companies in the Metals and Engineering (M&E) sector in particular and the broader manufacturing sector, as it reduces both operational costs and the cost of goods soldHowever, she warned that increasing input costs may add to high fuel prices which, together with the weaker rand, may impact negatively on business margins.

“It is against the backdrop of continuously rising intermediate input costs that a prudent suggestion is made for the SARB’s MPC to leave interest rates unchanged tomorrow in order to contain business costs and support businesses under duress,” Ms Kruger concluded.

 

Issued by:

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

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 micro-enterprises employing fewer than 50 people.
Five Reasons to Train

FIVE REASONS TO TRAIN YOUR STAFF AT SEIFSA

By | Featured, Latest News, Press Releases | No Comments

1. SEIFSA Represents the Metals and Engineering Industries

When looking for a training provider, researching a training provider’s track record is smart business practice. Primarily, there are two things to consider:

  • For how long has this company been training?
  • Have they worked with a company such as yours in the past?

As a Federation, SEIFSA has represented the metals and engineering sector since 1943. SEIFSA has pushed for the industry’s best interests since for more than 75 years.

Today, SEIFSA is a Federation comprising 21 affiliated Employer Associations consisting of over 1200 companies in the metals and engineering cluster of industries. Companies range in size from gargantuan to small and micro businesses employing 10 employees all the way up to thousands.

SEIFSA’s core mandate from year to year is to collect mandates from all of the federated member Associations. These mandates are a compilation of the thoughts and ideas of people from the sector who deal with the day-to-day realities of running companies. Industrial relations, Skills Development, Tenders and Safety Legislation, among other things, are the main issues that challenge everyone in the sector – and SEIFSA provides a one-stop shop for industry solutions.

Our Federation’s goals are aligned with more than 10,000 companies that constitute the metals and engineering sector – its unique culture, concerns, day-to-day realities, future expectations and goals. Thus, we have a keener and more mature eye for what keeps businesses moving forward and competitive in the metals and engineering sector.

2. Positioning the Metals and Engineering Sector for Growth

The Main Agreement is perhaps by far the most prominent example of our desire for growth and working in partnership with all stakeholders. It is the metals and engineering industries’ industrial relations handbook or “playbook”.

As SEIFSA, we played one of the leading roles in the Main Agreement’s negotiation and implementation.

No other training provider can claim to have more knowledge about the Main Agreement than SEIFSA.  At its core, this Agreement is meant to bring about stability, reduce the chances of strikes and ensure smoother operations on a day-to-day basis for many companies.

It is the sector’s select version of dealing with challenges that cause disruption to companies. It gives way to wage-paying grades and working systems that allow companies to operate on a level playing field in the sector. We offer training on aspects directly connected thereto in order to help companies achieve maximum results in their daily operations (Link to Training Courses).

Another unique training product is SEIFSA’s “Theory and Calculation of Cost Price Adjustment”. This course is run by the Economics and Commercial Division as a support programme for SEIFSA’s Price and Index Pages (PIPS). These two powerful products give companies the edge when competing for Tenders. A company has a considerably reduced chance if it applies for a tender without using the SEIFSA PIPS.

3. Personal Touch: Unique and Customisable

A question that should be asked when sourcing a training provider is: Is the content they provide customized, generic or “off the shelf”?

Why?

Context matters just as much as content.

When SEIFSA trains people, we are aware of who is in the room; we are aware of their needs; and we can be relied upon to provide further assistance. The SEIFSA team has the experience and expertise to consolidate with one-on-one consultations or in-house training for large groups within a particular company.

This is how SEIFSA demonstrates relevance and an in-depth knowledge through our various subject-matter experts and four Divisions, namely:

Training is a massively beneficial tool for an organisation’s workforce, but it can be a major disappointment when willing participants think or realise that the trainer demonstrates a lack of knowledge or buy-in with regards to the sector. In these instances, people are bound to be disengaged with the content and disregard both the trainer and his/her knowledge altogether.

Our team of trainers and consultants – including our Alliance Partners – consists of experts that have operated in the industry and provided training for decades.

SEIFSA takes this aspect very seriously and is committed to a great trainee experience. We ask for feedback from companies we train, at our offices or in-house, and run a professional feedback service that help us to improve our service constantly.

4. Accreditation

In March 2019, SEIFSA received renewal of its accreditation as a Skills Development Provider and Assessment Centre. SEIFSA has accreditation under four Qualification Titles under the Further Education and Training (FETC) Certification Programme:

  • FETC – Generic Management:
  • FETC – Inventory Control,
  • FETC – Manufacturing Control,
  • FETC – Planning and Scheduling Techniques and Process Manufacturing.

SEIFSA Training has become “the tip of the arrow” and its courses offer the required stamp of approval.

Five Reasons to Train

5. Follow-up, Guidance and Career Assistance

Learning is not an event. We know it is part of your journey. SEIFSA Training is designed to make you and the company you represent better.

Our system:

  • Helps trainees assess whether they are ready to apply what they have learned;
  • Gives you evidence, proving to you and your business that you have improved your capabilities in a key area of your business;
  • Gives you a clear way to proceed if information demonstrates what you need to improve upon in your business environment;
  • Gives you guidance as to your progress with regards to policies and/or legislation that need your company’s compliance; and

Leverages your recognition of prior learning (RPL) to enhance your career path.

Five Reasons to Train - Book Training
SEIFSA SA FLAG 300x300

POLITICAL STABILITY, ECONOMIC GROWTH, RELIABLE POWER SUPPLY MUST BE AT THE TOP OF THE WINNING PARTY’S AGENDA

By | Featured, Latest News, Press Releases, Uncategorised | No Comments

Johannesburg, 7 May 2019 – Political stability, policy certainty, economic growth as well as reliable and uninterrupted power supply are some of the most important items that should feature prominently on the list of the winning political party’s agenda, Steel and Engineering Industries Federation of Southern Africa (SEIFSA) CEO Kaizer Nyatsumba said today.

Speaking ahead of tomorrow’s elections, Mr Nyatsumba said given the tough economic conditions that South Africa currently finds itself in, it is of paramount importance that the winning political party prioritizes economic growth, which would in turn contribute towards reversing social ills that are a direct result of stagnation, such as high unemployment rates, poverty and crime.

“Political stability and policy certainty are a pre-requisite for any country’s economic growth. In South Africa, political stability can ignite economic growth and generate much-needed employment, especially for the millions of young people who are neither in education nor employment,” Mr Nyatsumba said.

He added that for economic growth to happen, South Africa needs to ensure that there is also policy certainty and coherence as well as solid infrastructure, such as reliable and uninterrupted power supply. He said he was hopeful that the new administration would also tackle rampant corruption and maladministration, which would in turn boost investor confidence and improve South Africa’s credit ratings.

On the metals and engineering sector, Mr Nyatsumba said as a Federation representing companies operating in this crucial sector, SEIFSA calls upon the winning party or parties to be effective in implementing and monitoring designation of local content in production processes across all value chains.

He also called on the new administration to prioritise local businesses in all investment and construction projects, including Black Economic Empowerment partners in order to comply with South African rules designed to address racial disparities which continue to exist more than two decades after the end of apartheid

Mr Nyatsumba also called on all eligible South Africans to ensure that they exercise their right to vote in this election. He said that an election was a very concrete demonstration of the fact that power comes from ordinary citizens, to whom elected officials should always be accountable.

In conclusion, Mr Nyatsumba said SEIFSA stands ready to work hand in hand with the new administration in rebuilding South Africa’s economy and creating much-needed jobs.

“We remain committed to reversing the economic fortunes of our beloved country and are eager to engage robustly with the new leadership that will emerge after the elections,” Mr Nyatsumba said.

Ends

 

Issued by:

Ollie Madlala

Communications Manager

Tel: (011) 298 9411 / 082 602 1725

Email: ollie@seifsa.co.za

Web: www.seifsa.co.za

SEIFSA Awards For Excellence

Fifth Annual SEIFSA Awards For Excellence See Record Increase In Entries

By | Featured, Latest News, Press Releases | No Comments

Johannesburg, 5 May 2019 – THE 2019 SEIFSA Awards for Excellence have seen a record increase in the number of entries received, indicating their growing popularity and prestige, Steel and Engineering Industries Federation of Southern Africa (SEIFSA) CEO Kaizer Nyatsumba said this morning.

Speaking after the Awards adjudication process, which took place yesterday (Thursday), Mr Nyatsumba said the increase in the number of entries submitted across the seven categories confirms that the SEIFSA Awards for Excellence have, indeed, grown in leaps and bounds over the years.

Born five years ago out of the need to encourage growth and celebrate excellence in the metals and engineering sector, the SEIFSA Awards for Excellence, through their seven categories, offer a wonderful opportunity for companies operating in the crucial metals and engineering sector to receive well-deserved acknowledgement and respect by industry peers for their capabilities, expertise and innovation.

This year, Mr Nyatsumba said the winner and the runner-up in the Most Innovative Company of the Year category will also get free entry tickets to attend the South African Innovation Summit, which will take place in Cape Town in September.

Meanwhile, Mr Nyatsumba also announced that Youth Employment Services (YES) CEO Tashmia Ismail-Saville will be the 2019 Guest Speaker at the event. A joint initiative between business, labour and government, YES was created to address South Africa’s youth unemployment challenge by creating one million work experiences in the country.

“The challenge of youth unemployment is a serious one and calls for Government, business and labour to work together to address it. It is for this reason that we have invited Ms Ismail-Saville to be the Guest Speaker at this year’s SEIFSA Awards for Excellence,” Mr Nyatsumba said.

Winners of the 2019 SEIFSA Awards for Excellence will be announced at a ceremony that will take place at the Sunnyside Park Hotel in Parktown, Johannesburg on 23 May 2019.

 

Issued by:

Ollie Madlala

Communications Manager

Tel: (011) 298 9411 / 082 602 1725

Email: ollie@seifsa.co.za

Web: www.meindaba. seifsa.co.za

 

SEIFSA is a National Federation representing 23 independent employer 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 micro-enterprises employing fewer than 50 people.