For Media Enquiries, please contact:

Ollie Madlala
Communication Consultant

(t) 082 602 1725
(e) ollie@seifsa.co.za

Press Releases

SA Reserve Bank

SEIFSA Welcomes Reserve Bank’s Repo Rate Cut

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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…

Purchasing Managers’ Index Still Volatile Despite Rebound In June 2019, Says SEIFSA

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Johannesburg, 1 July 2019 – While the increase in overall business activity in the broader manufacturing sector – as reflected in the latest ABSA Purchasing Managers’ Index (PMI) data –…
SEIFSA Employment equity

Increase In The Number Of People Formally Employed Is Encouraging, Says SEIFSA

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Johannesburg, 25 June 2019 - The Steel and Engineering Industries Federation of Southern African (SEIFSA) is encouraged by the Quarterly Employment Statistics (QES) data, reflecting an increase in the number…
Metal Sparks

Although Q1 Metals And Engineering Sector Performance Was Disappointing, Recovery Is Imminent – SEIFSA

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Johannesburg, 25 June 2019 – Although the performance of the metals and engineering (M&E) sector during the first quarter of 2019 was disappointing, recovery underpinned by stronger regional and international…
Easing Consumer Inflation

Uptick In CPI Amid Low Growth Is Discouraging For Consumers And Businesses

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Johannesburg, 19 June 2019 – The uptick in consumer price index figures for May 2019 amid low growth is discouraging for consumers and businesses and may negatively affect  consumer sentiments…
Continuous Positive Growth

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

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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…
South Africa’s New Labour Laws

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

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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…

Tough leadership is required to improve South Africa’s economic fortunes, says SEIFSA

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Johannesburg, 4 June 2019 – The 3,2% drop in South Africa’s Gross Domestic Product (GDP) in the first quarter of 2019 demonstrates, much more than anything else, that the country…

Decrease in PMI disappointing, says SEIFSA

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Johannesburg, 3 June 2019 - A dip in overall business activity in the broader manufacturing sector is disappointing and the result of the lead indicator for May 2019 does not…
Free Trade Area

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

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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…
President Cyril Ramaphosa

President Cyril Ramaphosa Could Have Done Better In His Cabinet Appointments

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JOHANNESBURG, 26 MAY 2019 – While the Steel and Engineering Industries Federation of Southern African (SEIFSA) welcomes the reduced Cabinet appointed by President Cyril Ramaphosa this evening and pledges to…
SEIFSA Awards For Excellence

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

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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…
Unchanged Interest Rates

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

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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…
Easing Consumer Inflation

Easing Consumer Inflation Bodes Well For Business and Consumers

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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…

Rebound In Unemployment Rate Calls For Urgent Interventions, Says SEIFSA

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Johannesburg, 14 May 2019 – The quarterly labour force survey (QLFS) employment data released by Statistics South Africa (Stats SA) today – reflecting a rebound in the unemployment rate for…
Five Reasons to Train

FIVE REASONS TO TRAIN YOUR STAFF AT SEIFSA

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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…
SEIFSA construction worker

SEIFSA Welcomes Improvement In Manufacturing Output For March 2019

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Johannesburg, 9 May 2019 - The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the increase in output in the broader manufacturing sector in March 2019, despite a…
SEIFSA SA FLAG 300x300

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

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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…
SEIFSA Awards For Excellence

Fifth Annual SEIFSA Awards For Excellence See Record Increase In Entries

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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…

Resilient Purchasing Managers’ Index For April 2019 Is Encouraging For Manufacturing Production Lines, Says SEIFSA

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Johannesburg, 2 May 2019 - The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) notes with optimism the increase in the seasonally-adjusted Absa Purchasing Managers’ Index (PMI) released today…
Awards Thumbnail

SEIFSA AWARDS FOR EXCELLENCE – FINAL CALL FOR ENTRIES

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Johannesburg, 26 April 2019 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) has urged companies that are yet to submit entries for the 2019 SEIFSA Awards for…

Continuous Improvement in Selling Price Inflation Encouraging For Producers in The Metals And Engineering Cluster

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Johannesburg, 25 April 2019 - The latest Producer Price Index (PPI) data for intermediate manufactured goods indicating a further improvement in selling price inflation in the Metals and Engineering (M&E)…
SEIFSA Awards For Excellence

SEIFSA Awards For Excellence – Deadline Looming For Entries

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Johannesburg, 25 April 2019 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) has urged companies operating in the metals and engineering sector to make use of the…
SEIFSA Innovative Excellence

Innovative Excellence To Be Celebrated At SEIFSA Awards

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Johannesburg, 14 April 2019 – Amongst other imperatives, South Africa’s manufacturing sector – including its metals and engineering (M&E) cluster – needs innovation to spur industrial growth, the Steel and…
Political Parties

POLITICAL PARTIES COMMIT TO COLLABORATE WITH BUSINESS LEADERS TO GROW ECONOMY AND CREATE JOBS

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Johannesburg, 12 April 2019 – The African National Congress (ANC), the Democratic Alliance (DA) and the Inkatha Freedom Party (IFP) today committed to continue working with business leaders to pull…
SEIFSA Welcomes February Rebound

SEIFSA Disappointed By Decrease In Manufacturing Output

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Johannesburg, 11 April 2019 - Preliminary data released by Statistics South Africa (Stats SA) today – which shows a reduction in manufacturing production – is disappointing, the Steel and Engineering…
SEIFSA to Celebrate Companies

SEIFSA to Celebrate Companies with Best Health and Safety Compliance Record at Awards for Excellence

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Johannesburg, 7 April 2019 – Employees are one of the most crucial investments businesses make. Without employees, businesses – particularly in the labour-intense metals and engineering sector –  would cease…
Purchasing Power

Decline In Purchasing Managers’ Index Concerning, Says SEIFSA

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Johannesburg, 1 April 2019 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is extremely concerned about the consistent decline in the Absa Purchasing Managers Index (PMI), Economist…
SEIFSA to Honour Companies

SEIFSA to Honour Companies Advancing Transformation In The Metals and Engineering Sector

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JOHANNESBURG, 31 March 2019 – Almost two decades   have passed since South Africa’s Black Economic Empowerment policy was first introduced, yet transformation  in the metals and engineering sector is still…
RESERVE BANK’S DECISION

RESERVE BANK’S DECISION TO LEAVE REPO RATE UNCHANGED IS WELCOME, BUT A 25 BASIS POINT CUT WOULD HAVE BEEN PREFERABLE, SAYS SEIFSA

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Johannesburg, 28 MARCH 2019 – The decision by the South African Reserve Bank (SARB)  to leave the repo rate unchanged at 6,75% is to be welcome, although a 25 basis…
SEIFSA Welcomes February Rebound

SEIFSA Welcomes February Rebound In PPI For Intermediate Manufactured Goods

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Johannesburg, 28 March 2018 - The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the latest Producer Price Index (PPI) data – released by Statistics South Africa (Stats…
Employment Numbers

SEIFSA Welcomes Gain In Employment Numbers, but Remains Concerned About High Duress and Stress Levels Facing Local Business

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JOHANNESBURG, 26 MARCH 2019 – The Steel and Engineering Industries Federation of Southern African (SEIFSA) welcomes the quarterly employment statistics (QES) data released by Statistics South Africa (StatsSA) today, which…

SEIFSA CELEBRATES CUSTOMER-CENTRICITY IN THE METALS AND ENGINEERING SECTOR

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Johannesburg, 24 March 2018 – Doing business in a manner that focuses on creating a positive experience and satisfaction for the customer is one of the key ingredients for successful…
Artisan Training Initiatives

SEIFSA Awards to Recognise Companies for Artisan Training Initiatives

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Johannesburg, 17 March 2019 – Unemployment –  in particular youth unemployment –  is without doubt one of the most pressing challenges currently facing South Africa’s young democracy, and is reported…

POSITIVE GROWTH IN MANUFACTURING PRODUCTION ENCOURAGING BUT VOLATILE, SAYS SEIFSA

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Johannesburg, 14 March 2019 - The sustained positive trajectory in production of the broader manufacturing sector is encouraging but still volatile, so says Steel and Engineering Industries Federation of Southern…
SEIFSA Chief Economist, Dr. Michael Ade featured in Business Day Thumbnail

SEIFSA Chief Economist, Dr. Michael Ade featured in Business Day

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As we accept the reality that Eskom’s load-shedding is once more upon us, we should also shed a tear for President Cyril Ramaphosa’s noble plans to fix the SA economy,…
NUM AND NUMSA ESKOM

SEIFSA Disappointed By NERSA’S Decision To Approve Above- Inflation Tariff Increase For ESKOM

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JOHANNESBURG, 07 MARCH 2019 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is bitterly disappointed by the decision by the National Energy Regulator of South Africa (NERSA)…

SEIFSA Honours Companies With Best Corporates Social Investment Programmes

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Johannesburg, 7 March 2019 – Businesses form an integral part of the communities in which they operate. Therefore, it stands to reason that, similar to other responsible citizens, businesses should…

Further Decline In The Purchasing Managers’ Index A Cause For Concern, Says SEIFSA

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Johannesburg, 1 March 2019 - The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is disappointed by a further decline in overall business activity in the broader manufacturing sector,…

SEIFSA Awards For Excellence 2019 – Call For Entries

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Johannesburg, 26 February 2018 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) invites companies operating in the metals and engineering sector to submit their entries for the…
GORDHAN, NAIDOO AND DUVENAGE PRESS RELEASE

Further Decrease In Broader Manufacturing Output in December 2018 Worries SEIFSA

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Johannesburg, 12 February 2019 - The decrease in output in the broader manufacturing sector in December 2018, as released by Statistics South Africa (StatsSA) today, is worrying, Steel and Engineering…

SEIFSA Welcomes Improvement in Employment Numbers, But Remains Concerned About Apparent Trade-Off between Manufacturing Production and Employment

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Johannesburg, 12 February 2019 - The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the improvement – announced by Statistics South Africa (StatsSA) today – in the unemployment…

COSATU’S INTENDED PROTEST ACTION ON 13 FEBRUARY 2019

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INTRODUCTION  Management will be aware, from recent media reports, that the Congress of South African Trade Unions (Cosatu) is preparing for a protest action in the form of a national…

Encouraging Performance for Metals and Engineering Sector Projected To Continue

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JOHANNESBURG, 8 FEBRUARY 2019 – Despite 2018 being a generally challenging year for both the global and domestic economy, the Metals and Engineering (M&E) sector is poised for a third…

Decrease In The Purchasing Managers’ Index For January 2019 Disappointing, Says SEIFSA

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The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is disappointed by the decline in overall business activity in the broader manufacturing sector as reflected in the Absa Purchasing…

Decrease In PPI For December 2018 Is Disappointing, Says SEIFSA

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Johannesburg, 31 January 2019 –  The latest data for the Producer Price Index (PPI) for intermediate manufactured goods is disappointing, indicating a further deterioration in selling price inflation in the…
SEIFSA Money Graph

SEIFSA Welcomes Latest Inflation Easing

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Johannesburg, 23 January 2019 - The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the easing of the Consumer Price Index (CPI) , with the numbers moving further…
Employment Tax Incentive

SEIFSA Welcomes Reserve Bank’s Decision To Leave Interest Rates Unchanged

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Johannesburg, 17 January 2019 - The Steel and Engineering industries Federation of Southern Africa (SEIFSA) welcomes the South African Reserve Bank’s (SARB’s) decision to keep the repo rate unchanged at…
A Third Consecutive Decrease

Persistent Rise in Inflation Is Worrying, Says SEIFSA

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Johannesburg, 12 December 2018 - The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is disappointed by the latest Consumer Price Index (CPI) figures, which indicate that inflation increased…

Improving M & E Production Is Encouraging, says SEIFSA

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Johannesburg, 11 December 2018 - The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the preliminary production data for the Metals and Engineering (M&E) cluster of industries released…