SEIFSA Press Release Jar with coins

SEIFSA Welcomes SA’s Exit From Recession And Urges Businesses To Capitalise On Improving Demand In Order To Expand

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Johannesburg, 4 December 2018 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes South Africa’s official exit from a technical recession in the third quarter of 2018,…
Business Stability

SEIFSA Encouraged By Improvement In Broader Manufacturing Purchasing Managers’ Index

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Johannesburg, 3 December 2018 - The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the improvement in overall business activity in the broader manufacturing sector, as reflected in…

Companies Unlikely To Benefit From Rising PPI For Intermediate Manufactured Goods Unless Inflation Eases Further, Says SEIFSA

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Johannesburg, 29 November 2018 – Businesses in the metals and engineering (M&E) cluster are unlikely to benefit from a continuous increase in the selling price inflation in October 2018, given…

Reserve Bank’s Decision To Hike Interest Rates Is Disappointing, Says SEIFSA

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Johannesburg, 22 November 2018 –  The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is extremely disappointed over the South African Reserve Bank’s (SARB) decision to hike interest rates…
A Third Consecutive Decrease

SEIFSA Concerned About Increase in Inflation Rate

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Johannesburg, 21 November 2018 – The increase in the official inflation number released by Statistics South Africa (StatsSA) today does not bode well for hard-pressed businesses in the Metals and…
A Third Consecutive Decrease

A third consecutive decrease in broader manufacturing production reflects a generally difficult business environment amid persistently low domestic demand, says SEIFSA

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Johannesburg, 8 November 2018 - The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) today laments a third consecutive decrease in output of the broader manufacturing sector –  including its…

Consistent Purchasing Managers’ Index Decline Highlights the Challenges Faced By Manufacturers

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Johannesburg, 1 November 2018 - The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is concerned about the dip in overall business activity in the broader manufacturing sector, as…