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Press Release – 2016/03/22: STRONGER PARTNERSHIP BETWEEN BUSINESS AND LABOUR REQUIRED TO IMPROVE SOUTHERN AFRICA’S INTERNATIONAL COMPETITIVENESS

JOHANNESBURG, 22 MARCH 2016 – A stronger partnership between business and labour is urgently needed in order to improve international competitiveness within Southern Africa’s metals and engineering sector, the Steel and Engineering Industries Federation of Southern Africa (SEIFSA) said today.

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Press Release – 2016/03/18: INTEREST RATE INCREASE IS “A TERRIBLE BLOW TO THE ECONOMY”

JOHANNESBURG, 17 March 2016 – The South African Reserve Bank’s decision to increase the repo rate by 25 basis points today was a terrible blow to the economy, the Steel and Engineering Industries Federation of Southern Africa (SEIFSA) said this afternoon.

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From The Chief Executive Officers Desk February 2016

By Kaizer M. Nyatsumba | Chief Executive Officer

By all accounts, this will be another tough year for South Africa. The prospects are not good at all. Our economy continues to be on the doldrums and our currency, the Rand, is far from recovering from the downward slide of 2015, which was worsened by President Jacob Zuma’s inexplicable decision to drop then Finance Minister Nhlanhla Nene from the Cabinet.

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From The Chief Executive Officers Desk November December 2015

By Kaizer M. Nyatsumba | Chief Executive Officer

There are probably not many South Africans who will look back upon 2015 as a year in which they made much economic progress. For many of us, this will go down as having been an annus horribilis on many levels.

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From The Chief Executive Officers Desk September 2015

By Kaizer M. Nyatsumba | Chief Executive Officer

The health and effectiveness of organisations depends, to a great extent, on the degree to which their members participate or take interest in their affairs. Generally, active or interested members make for healthy and more effective organisations.

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Press Release – 2016/03/09: CONTINUED INFRASTRUCTURE DEVELOPMENT ESSENTIAL IN UNLOCKING AFRICA’s ECONOMIC GROWTH POTENTIAL


JOHANNESBURG, 9 MARCH 2016
– With infrastructure development playing a fundamental role in accelerating any country’s economic growth, governments’ spend on infrastructure development not only provides a stimulus to a country’s economic growth, but it can also crowd in private sector and foreign direct investment (FDI).

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