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SA’s metals sector and engineering are at a crossroads

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SA’s metals sector and engineering are at a crossroads, an opinion editorial by Henk Langenhoven, SEIFSA’s chief economist featured in both The Star’s Business Report and Business Day on 17 August 2016.

There is no doubt that the metals and engineering sector in South Africa is at a crossroad. Unfortunately, the debate about what needs to be done focuses almost entirely on tariff protection and whether upstream or downstream industries will benefit or be harmed by this move. This makes the perspective a type of zero-sum game analysis.

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SEIFSA encourages affected members to participate in review of customs duty on downstream steel products

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The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) encourages affected members to participate in a review of customs duty on downstream steel products following a tariffs call coordinated by the International Trade Administration Commission of South Africa (ITAC).

“SEIFSA encourages any member company or Association that needs to apply or act on behalf of its members to do so,” said Henk Langenhoven, SEIFSA Chief Economist.

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Metal industry general wage increases table is now available

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SEIFSA is pleased to announce that the industry’s annual wage increases effective from 1 July 2016 have been finalised in accordance with the wage model agreed with the trade unions in 2014. The increases range from 7% at Rate A to 10% at Rate H. SEIFSA is pleased to report that there are no further changes to employment conditions for this third year of the three-year agreement and that all other terms and conditions of employment remain unchanged.

The wage increases detailed in Appendix A must be implemented by all companies from 1 July 2016. Click Here  for the General Wage Increases table, which is also part of Appendix A. All other wage tables and the Management Brief regarding the 1 July 2016 wage increases and the Wage Exemption Guidelines can be obtained on the Main Agreement Portal. Click here to visit the Portal.

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