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Press Release – 2014/12/08: R6-BILLION WORTH OF OUTPUT LOST IN THE METALS AND ENGINEERING SECTOR ALONE AS A RESULT OF THE CURRENT POWER OUTAGES

By | SEIFSA News - Press Releases 2014 | No Comments

Johannesburg, 8 December 2014 – Power utility Eskom and the Government must do everything possible to bring the current bout of load shedding to a speedy end in order to avoid further damage to the country’s already-ailing economy, the Steel and Engineering Industries Federation of Southern Africa (SEIFSA) said today.

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Press Release – 2014/12/01 : SEIFSA – Steel and Engineering Industries Federation of Southern Africa • Reg. No. 1949/034221/08 6th Floor, Metal Industries House, 42 Anderson Street, Johannesburg, 2001 • PO Box 1338, Johannesburg, 2000 Tel 0861 SEIFSA • +2

By | SEIFSA News - Press Releases 2014 | No Comments

JOHANNESBURG, 1 DECEMBER 2014 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the Labour Court decision to dismiss NEASA’s urgent application seeking to prevent the Metal and Engineering Industries Bargaining Council (MEIBC) from submitting the 2014/ 2017 metal industries Collective Main Agreement to the Minister of Labour for Gazettal and extension to parties and non-parties in the industry.

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Press Release – 2014/11/25: SEIFSA CONCERNED ABOUT CONTINUING SLUGGISH ECONOMIC GROWTH

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JOHANNESBURG, 25 NOVEMBER 2014 – Although the South African economy improved by an adjusted 0,5% in the second quarter of the year, its overall performance remains very disappointing, the Steel and Engineering Industries Federation of Southern Africa (SEIFSA) said today.

Commenting on the gross domestic product (GDP) figures released by Statistics South Africa today, SEIFSA Chief Economist Henk Langenhoven said that while the reported second-quarter growth was in line with the latest estimates in Finance Minister Nhlanhla Nene’s Medium-Term Budget Policy Statement, nevertheless it remained well below the potential growth rate of 3,5% “and creates some doubt as to the actual credibility of a 3,5% growth rate for the economy”.

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Press Release – 2014/11/11: EFFECTS OF MONTH-LONG STRIKE CONTINUE TO BE FELT IN THE METALS AND ENGINEERING SECTOR

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JOHANNESBURG, 11 November 2014 – The damaging impact of the month-long strike in the metals and engineering sector in July continues to be felt, with the sector having experienced a 6,1% decline in seasonally-adjusted, third-quarter production compared to the second of quarter 2014, the Steel and Engineering Industries Federation of Southern Africa (SEIFSA) said today.

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PRESS RELEASE – 2014/10/31: SEIFSA WELCOMES MODERATING PRODUCER INFLATION, BUT WARNS OF A POTENTIAL UPSIDE

By | SEIFSA News - Press Releases 2014 | No Comments

Johannesburg, 30 October 2014 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the moderating production inflation recorded in the producer price index (PPI) for final manufactured goods to a year-on-year increase of 6.9% in September, down from the 7.2% recorded a month earlier.

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