For Media Enquiries, please contact:

Ollie Madlala
Communication Consultant

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

Press Releases

SEIFSA CAUTIOUSLY OPTIMISTIC FOLLOWING A REBOUND IN METALS AND ENGINEERING SECTOR OUTPUT IN MAY

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JOHANNESBURG, 12 JULY 2018 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is cautiously optimistic following the release of production data reflecting an increase in output in the Metals...
Decrease In The Purchasing Graph

DECREASE IN THE PURCHASING MANAGERS’ INDEX FOR JUNE 2018 A CAUSE FOR CONCERN

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Johannesburg, 3 July 2018 - The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is concerned about the general dip in overall business activity in the broader manufacturing sector...
Metals Industry

QCTO changes to Accreditation effective 1 July 2018

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Please find attached a detailed notification letter issued on the 21 June 2018 by the Quality Council for Trade and Occupations (QCTO ) providing an update on Circular 1 which…

Gradual Producer Price Index Improvement

GRADUAL PRODUCER PRICE INDEX IMPROVEMENT FOR INTERMEDIATE MANUFACTURED GOODS BODES WELL FOR THE METALS AND ENGINEERING CLUSTER – SEIFSA

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Johannesburg, 28 June 2018 - The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the latest Producer Price Index (PPI) data for intermediate manufactured goods released by Statistics...
The Mining Charter

DO YOU STAND TO BE AFFECTED BY THE LATEST VERSION OF THE MINING CHARTER? LET US KNOW SOONEST.

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Following a series of protracted negotiations, the latest version of the Mining Charter was gazetted on 15 June 2018 for public comment. The closing date for submissions on the Mining...
Metals And Engineering Sector’s Performance To Be Better Than Originally Expected

METALS AND ENGINEERING SECTOR’S PERFORMANCE TO BE BETTER THAN ORIGINALLY EXPECTED – SEIFSA

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Johannesburg, 25 June 2018 – Stronger global demand, firmer international commodity prices and a volatile exchange rate bode well for metals and engineering (M&E) sector production and exports in 2018,...
Former Member Financial Funds

FORMER MEMBER NOTICE

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Notice with regard to the surplus distribution by the Funds IMPORTANT: This is not a new distribution of surplus and former members and paid-up members who have already applied for...
SEIFSA PARTNERS WITH PAVLO PHITIDIS's AURIK

SEIFSA PARTNERS WITH PAVLO PHITIDIS’s AURIK TO HELP METALS AND ENGINEERING SECTOR SMEs THRIVE

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Johannesburg, 24 June 2018 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) has partnered with Aurik Enterprise Development (Aurik) to help small and medium enterprises (SMEs) in...
SEIFSA and Aurik Business Accelerator Sign

SEIFSA AND AURIK BUSINESS ACCELERATOR SIGN PARTNERSHIP AGREEMENT TO BOOST SMALL BUSINESSES

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The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) today concluded an important Partnership Agreement with Aurik Business Accelerator to boost small businesses in the sector. Signing the agreement...
Metal Sparks

EASING INFLATION BODES WELL FOR BELEAGUERED BUSINESSES IN METALS AND ENGINEERING SECTOR – SEIFSA

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Johannesburg, 20 June 2018 - The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is encouraged by the latest Consumer Price Index (CPI) figures released by Statistics South Africa...

TWENTY-FOUR YEARS INTO OUR DEMOCRACY,
THE YOUTH’S STRUGGLE TO BREAK THE CHAINS
OF POVERTY CONTINUES
argues Bridgette Mokoetle

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South Africa’s Youth Month is upon us. In song and dance, we will commemorate and celebrate the enormous contribution made by the young people of 1976 against the apartheid regime....
NUM AND NUMSA ESKOM

NUM AND NUMSA LUNCH-TIME PICKETS AT ESKOM ON 14 JUNE 2018

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Introduction As you may be aware from recent media reports, the National Union of Mineworkers (NUM) and the National Union of Metalworkers of South Africa (NUMSA) are preparing for a...

THE MAIN AGREEMENT

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WHAT IS THE MAIN AGREEMENT? The Main Agreement is a collective agreement between the employer organisations and trade unions that constitute the Metal and Engineering Industries Bargaining Council. This agreement...

WAGE INCREASE EXEMPTIONS DUE – 31 JULY 2018

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Members of Associations affiliated to the Steel Engineering Industries Federation of Southern Africa (SEIFSA) which are unable to implement the agreed wage increase are encouraged to submit an application for...

SEIFSA DISAPPOINTED BY METALS AND ENGINEERING SECTOR PRODUCTION DECREASE IN APRIL

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Johannesburg, 7 June 2018 – The decrease in metals and engineering sector production output in April,  following a positive trajectory during the early months of the year, is very disappointing,...

SOUTH AFRICA’S CONTINUOUS GENDER WAGE GAP CALLS FOR GOVERNMENT TO DO MORE TO ENSURE WOMEN’S EMPOWERMENT IN THE WORKPLACE,
writes Bridgette Mokoetle

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There is no denying that although women in South Africa have, since the dawn of democracy, come a long way and made significant advancements in business and politics, among other...

DROP IN GDP INDICATIVE OF PERSISTENT ECONOMIC DRAG, SAYS SEIFSA

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JOHANNESBURG, 5 MAY 2018 – Despite the positive shift in political will, improved consumer and business confidence and generally lower inflation in the first quarter of 2018 when compared to...

THERE ARE OPTIONS FOR DOMESTIC COMPANIES EXPORTING OVERSEAS

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All these risks emanate from trade across borders, which is subject to highly volatile exchange rates. Foreign exchange risk adds considerable risk to exporters, importers and competitors with imported goods...

SOUTH AFRICA NEEDS INNOVATION TO CAPITALISE ON GROWTH PROMISED BY NEW ERA

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Among other imperatives, local industrial manufacturing, including SA’s heterogeneous metals and engineering (M&E) sector, needs innovation to spur industrial growth. The public has not often viewed machinery and equipment makers...

RECESSION REBOUND IMMINENT IN LINE WITH WORLD TRENDS

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Export competitiveness in the metals and engineering sector is pivotal for economic growth and synchronised upswing in the world economy. Our review of the State of the Metals and Engineering...

STABILITY IN VOLATILE PURCHASING MANAGERS’ INDEX IS KEY IN SUPPORTING POSITIVE EXPECTATIONS

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JOHANNESBURG, 1 JUNE 2019 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is concerned about the continuous volatility in the ABSA Purchasing Managers’ Index (PMI) released today,...

OPPORTUNITY TO SPONSOR THE SEIFSA GOLF DAY TO TAKE PLACE AT THE HOUGHTON GOLF CLUB ON 31 AUGUST 2018

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The Steel and Engineering Industries Federation of Southern Africa (SEIFSA), which represents about 2000 companies in Southern Africa, will hold its 67th annual Golf Day at the prestigious Houghton Golf...

WEIR MINERALS SHINES AT SEIFSA AWARDS FOR EXCELLENCE DINNER

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Johannesburg, 24 May 2018 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) has announced the winners of its 4th Annual SEIFSA Awards for Excellence in a ceremony...

INCREASE IN CONSUMER INFLATION DOES NOT BODE WELL FOR BUSINESS AND CONSUMERS

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Johannesburg, 23 May 2018 – The official inflation number released by Statistics South Africa (Stats SA) does not augur well for businesses and consumers overwhelmed with the recent increases in...

VOTE TAKEN TO GAZETTE THE 2017-2020 MAIN AGREEMENT

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Following the signing of the Settlement Agreement and the commitment contained therein to prepare a Consolidated Main Agreement for submission to the Department of Labour, with a request that it...

SEIFSA ENCOURAGED BY THE CONTINUOUS IMPROVEMENT OF THE METALS AND ENGINEERING OUTPUT IN MARCH 2018

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JOHANNESBURG, 10 MAY 2018 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is encouraged by the continuous improvement in production in the metals and engineering (M&E) sector,...
SEIFSA Foreign Trade Thumbnail

IT IS IMPORTANT FOR COMPANIES INVOLVED IN FOREIGN TRADE TO CONSIDER THE OPTIONS AVAILABLE TO THEM TO PROTECT THEIR BOTTOM LINE

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It is important for companies involved in foreign trade to consider the options available to them to protect their bottom line, writes Michael Ade. Despite the continuous recovery in global...

SEIFSA ENCOURAGED BY POSITIVE REACTION TO BOUYANT CONSUMER AND BUSINESS CONFIDENCE

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JOHANNESBURG, 2 MAY 2018 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is encouraged by the improvement in the Absa Purchasing Managers Index (PMI) released today, with...

SEIFSA CONCERNED ABOUT AMERICA’S DECISION NOT TO EXEMPT SOUTH AFRICAN STEEL AND ALUMINIUM FROM IMPORT TARIFFS

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Johannesburg, 2 May 2018 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is worried about the impact the US’s decision to permanently impose large tariffs on the...

DECREASING PPI TREND GOOD FOR FUTURE CPI EASING, BUT WORRISOME TO PRODUCERS –  SEIFSA

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DECREASING PPI TREND GOOD FOR FUTURE CPI EASING, BUT WORRISOME TO PRODUCERS –  SEIFSA Johannesburg, 26 April 2018 – Although the declining Producer Price Index (PPI) will help cushion the...

APPLICATION FOR EXTENSION ON THE SUBMISSION

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IMPORTANT NOTICE merSETA stakeholders APPLICATION FOR EXTENSION ON THE SUBMISSION OF THE YEAR 19 - MANDATORY AND DISCRETIONARY GRANT Stakeholders are advised that should they be unable to submit their...

IN SEARCH OF A COMPANY WITH THE MOST OUTSTANDING CORPORATE SOCIAL RESPONSIBILITY PROGRAMME FOR 2017

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JOHANNESBURG, 15 APRIL 2018 – Great companies make for good corporate citizens, positively impacting on their stakeholders, the lives of communities in which they operate as well as the environments...

SAFTU’S INTENDED PROTEST ACTION ON 25 APRIL 2018

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Introduction As Management may be aware from recent media reports, the South African Federation of Trade Unions (SAFTU) – of which NUMSA is a member –  is preparing for a...

SEIFSA CELEBRATES TRANSFORMED COMPANIES IN THE METALS AND ENGINEERING SECTOR

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JOHANNESBURG, 8 APRIL 2018 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) calls on companies that have embraced transformation in the metals and engineering sector to submit...

INCREASE IN ELECTRICITY PRICE WILL DEAL THE METALS AND ENGINEERING SECTOR A SERIOUS BLOW – SEIFSA WARNS

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Johannesburg, 6 April 2018 – An increase in the price of electricity will deal South Africa’s metals and engineering (M&E) sector – which is just beginning to come out of...

PMI’s UNRESPONSIVENESS TO IMPROVING BUSINESS AND INVESTOR CONFIDENCE WORRISOME – SEIFSA

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Johannesburg, 4 April 2018 - The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) notes with concern that the Absa Purchasing Managers’ Index (PMI) released today indicates  that the...

SEIFSA CALLS FOR ENTRIES FOR THE DECADE OF THE ARTISAN AWARD

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Johannesburg, 2 April 2018 – South Africa has identified re-industrialisation as one of the key initiatives with the potential to unlock the country’s economic growth potential. When it takes off,...

EASING PRODUCTION COSTS ARE GOOD FOR CONSUMERS, BUT GENERALLY WORRISOME FOR BUSINESSES, SAYS SEIFSA

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JOHANNESBURG, 29 MARCH 2018 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is concerned about the latest Producer Price Index (PPI) figures released by Statistics South Africa...

SEIFSA WELCOMES RESERVE BANK’s REPO RATE CUT

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Johannesburg - 29 March 2018, The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the South African Reserve Bank’s decision to reduce the repo rate by 25 basis...

SEIFSA IS YOUR GUIDE TO DISCIPLINE IN THE WORKPLACE

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In 2017 the industry wage negotiations took place and the challenge is to ensure that the Main Agreement is implemented consistently within our industry. Your knowledge is vital to this...

MAIN AGREEMENT: DO YOU NEED TO CUT COSTS?

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Let SEIFSA Guide You Can employers apply for an exemption from the upcoming wage increases? In these difficult economic and trading times, some companies may be battling to survive or...

STRIKE VIOLENCE: WHAT’S MY PLAN?

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Peaceful Striking for Pressure The right to strike is entrenched in section 17 of the Constitution – and it is provided for in the Labour Relations Act (the LRA). The...

SEIFSA ENCOURAGES CUSTOMER-CENTRICITY IN THE METALS AND ENGINEERING SECTOR

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Johannesburg, 25 March 2018 – Doing business in a manner that focuses on creating a positive experience for the customer is one of the key ingredients required for succeeding in...
Flags

SOUTH AFRICAN STEEL INDUSTRY MAY BECOME A VICTIM OF A POTENTIAL US TRIGGERED TRADE WAR WITH CHINA

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Johannesburg, 23 March 2018 – The broader South African steel industry appears to be caught in the middle of what is playing out to be a nasty bilateral squabble between...

ABSENTEEISM: THE OTHER SILENT KILLER

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Just like high blood pressure is referred to as the silent killer, so, too, can absenteeism from work be regarded in a similar vein. It’s an administrative burden on Managers...

SEIFSA CONTINUES TO LEAD THE WAY

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As a mandate-driven organisation, SEIFSA derives its mandate from the SEIFSA Council, which is an assembly of SEIFSA-affiliated employer Associations. At that forum, member Associations debate matters among themselves and...

SEIFSA ENCOURAGED BY LATEST CPI DATA INDICATING FURTHER INFLATION EASING

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Johannesburg, 20 March 2918 - The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is encouraged by the latest consumer price index (CPI) figures indicating a continued easing of...

SEIFSA CALLS ON ENVIRONMENT-FRIENDLY COMPANIES TO ENTER THE SEIFSA AWARDS FOR EXCELLENCE

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Johannesburg, 18 March 2018 – Economic development and ecological challenges, including climate change and the depletion of natural resources, go hand in hand. As economies develop through industrialization, the quality...

CALLING ALL EXECUTIVES

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Can you answer these 4 Industrial Relations & Legal Compliance confidently?   Can you ensure a water tight dismissal? Do you know the difference between authorized and unauthorized leave? Can...

SEIFSA WELCOMES REBOUND IN METALS AND ENGINEERING SECTOR IN JANUARY 2018

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Johannesburg, 13 March 2918 – The latest preliminary seasonally-adjusted production data published by Statistics South Africa (Stats SA) today reflect an increase in output in the metals and engineering (M&E)...

AMCU’S INTENDED PROTEST ACTION ON 20 MARCH 2018

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Introduction As you may be aware from recent media reports, the Association of Mineworkers and Construction Union (AMCU) is preparing for a protest action in the form of a one-day...

NATIONAL BUSINESS INITIATIVE SURVEY

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SEIFSA has been approached by the National Business Initiative (NBI) following the first phase of the Youth Employment Initiative which requested members to submit any information readily available on youth employment...

SEIFSA CALLS ON COMPANIES WITH GREAT HEALTH AND SAFETY COMPLIANCE RECORD TO ENTER FOR THE SEIFSA AWARDS FOR EXCELLENCE

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Johannesburg, 11 March 2018 – With employees being the most valuable assets of any successful business, companies should value their lives and invest heavily in ensuring that the environment in...

THE POPI ACT COMES INTO EFFECT IN 2018

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Are you prepared for one of the most disruptive challenges ever to your business? It’s not business as usual anymore. The Protection of Personal Information (POPI) Act presents one of...

DIRECTORS, CEOs AND MANAGERS: STAYING CURRENT IS YOUR LEGAL AND ETHICAL DUTY

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Labour Case Law: It’s all in the interpretation Lawyers are the ultimate knowledge workers. Quality legal advice is dependent on access to accurate and timely legal information. As such, staying...

SEIFSA IS ENCOURAGED BY IMPROVEMENT IN REAL GDP

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Johannesburg, 6 March 2918 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the improvement in South Africa’s real gross domestic product (GDP) and is encouraged by...

SEIFSA CELEBRATES BEST CORPORATES SOCIAL INVESTMENT PROGRAMMES

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Johannesburg, 5 March 2018 – Businesses form an integral part of the communities in which they operate. Therefore, it follows logically that, like other responsible citizens, businesses should play a...

SEIFSA WELCOMES IMPROVEMENT IN MANUFACTURING BUSINESS ACTIVITY

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Johannesburg, 1 March 2018 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the continued improvement in overall business activity in the manufacturing sector as reflected in...

SEIFSA DISAPPOINTED ABOUT LATEST PPI FOR INTERMEDIATE MANUFACTURED GOODS

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Johannesburg, 28 February 2018 – The latest release on the Producer Price Index (PPI) for intermediate manufactured goods published by Statistics South Africa (Stats SA) today reflects a further deterioration...

SEIFSA WELCOMES CABINET RESHUFFLE, WITH SOME RESERVATIONS

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Johannesburg, 27 February 2018 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) has welcomed President Cyril Ramaphosa’s Cabinet restructuring, but expressed disappointment at the retention of at...

SEIFSA ENCOURAGES TRANSFORMATION IN THE METALS AND ENGINEERING SECTOR

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Johannesburg, 26 February 2018 – South Africa’s metals and engineering (M&E) sector is one of the country’s least transformed sectors of the economy. Against this backdrop, among others, the Steel...

SEIFSA WELCOMES FINANCE MINISTER’S 2018 BUDGET

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Johannesburg, 21 February 2018 -  The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the Government’s announced efforts to reduce its ballooning expenditure significantly and stabilise debt levels...

CELEBRATE SEIFSA’S 75th ANNIVERSARY WITH US

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For 75 years, the Steel and Engineering Industries Federation of Southern Africa (SEIFSA) has represented the metals and engineering industries, provided active support for Employer Associations and lobbied for policies...

SEIFSA EXTREMELY CONCERNED ABOUT THE WORSENING QUANDARY OF THE LOCAL STEEL INDUSTRY

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Johannesburg, 19 February 2018 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is extremely concerned that the quandary of the local steel industry will continue to worsen...

CELEBRATING INNOVATION IN THE METALS AND ENGINEERING SECTOR

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Johannesburg, 19 February 2018 – There is no doubt that innovation has an enormous role to play in economic development. Not only does it contribute towards producing goods and services...

RAMAPHOSA LEADERSHIP IS JUST WHAT SOUTH AFRICA DESPERATELY NEEDS AT THE MOMENT, SAYS SEIFSA

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JOHANNESBURG, 17 FEBRUARY 2018 – President Cyril Ramaphosa’s inaugural State-of-the-National Address last night was a clear indication that South Africa is on the verge of turning the corner and re-embracing...
Jacob Zuma Resigns

SEIFSA WELCOMES JACOB ZUMA’S RESIGNATION AND CALLS ON CYRIL RAMAPHOSA TO RESTORE SOUTH AFRICA’S BATTERED IMAGE ABROAD

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Johannesburg, 15 February 2018 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the eventual resignation of former president Jacob Zuma last night and congratulates the ANC...

THE MODEST UNEMPLOYMENT SLOWDOWN IS MISLEADING, SAYS SEIFSA

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JOHANNESBURG, 13 FEBRUARY 2017 – The employment data released today by Statistics South Africa (Stats SA) – showing a mild slowdown in the unemployment rate, amidst slowly improving optimism in...

SEIFSA AWARDS FOR EXCELLENCE – CALL FOR ENTRIES

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Johannesburg, 11 February 2018 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) invites manufacturers operating in the metals and engineering sector to submit their entries for the...

NATIONAL BUDGET GUEST SPEAKER PROFILES

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Siya Biniza (Political Economy Southern Africa – PESA) Siya is a Political Economist specialising in Development Finance, Industrial Development, and Regional Integration. He has an insightful understanding of the political economy...

METALS AND ENGINEERING SECTOR EXPECTED TO RECORD A SECOND CONSECUTIVE YEAR OF GROWTH IN 2018

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JOHANNESBURG, 2 FEBRUARY 2018 – After three long years of poor performance, the metals and engineering sector is expected to grow for a second consecutive year in 2018, the Steel...

SEIFSA IS WORRIED BY THE ANNOUNCEMENT OF THE U.S DEPARTMENT OF COMMERCE

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SEIFSA IS WORRIED BY THE ANNOUNCEMENT OF THE U.S DEPARTMENT OF COMMERCE IN ITS ANTIDUMPING DUTY INVESTIGATIONS OF IMPORTS OF CARBON AND ALLOY STEEL WIRE ROD FROM SOUTH AFRICA JOHANNESBURG,...

SEIFSA WELCOMES IMPROVEMENT IN METALS AND ENGINEERING PRODUCTION

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JOHANNESBURG, 12 DECEMBER 2017 - The latest preliminary production data for October 2017 for the metals and engineering (M&E) sector released by Statistics South Africa today shows an increase in...

RISING UNEMPLOYMENT A SIGN OF “A DEEPLY TROUBLED ECONOMY”, SAYS SEIFSA

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JOHANNESBURG, 12 DECEMBER 2017 – The employment data released by Statistics South Africa (StatsSA) today indicates a deeply troubled economy and is a serious cause for concern, the Steel and...
Shaking Hands

SEIFSA WELCOMES THE LATEST, PRELIMINARY PURCHASING MANAGERS’ INDEX DATA

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JOHANNESBURG, 1 DECEMBER 2017 -  The Steel and Engineering Industries of Southern Africa (SEIFSA)  welcomes the latest preliminary data released by the Absa Purchasing Managers' Index (PMI), which indicates an...
SA Reserve Bank

SEIFSA WELCOMES THE DECISION TO LEAVE REPO RATE UNCHANGED, BUT WOULD HAVE PREFERRED A REDUCTION

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Johannesburg, 23 November 2017 - The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the sensible decision by the South African Reserve Bank (SARB) to leave the repo...
SEIEFSA Eskom

SEIFSA STRONGLY OPPOSED TO ESKOM TARIFF INCREASE

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JOHANNESBURG, 20 NOVEMBER 2017 – Granting Eskom its requested tariff increase would deliver a near-fatal blow to the struggling metals and engineering sector, the Steel and Engineering Industries Federation of…

Purchasing Power

SEIFSA CAUTIOUSLY OPTIMISTIC FOLLOWING IMPROVED PURCHASING MANAGERS’ INDEX

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JOHANNESBURG, 1 November 2017 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is cautiously optimistic about the sector’s performance in light of data released by the Absa…

Seifsa Gravely Concerned

SEIFSA GRAVELY CONCERNED THAT U.S. INVESTIGATIONS INTO CARBON AND ALLOY STEEL WIRE ROD IMPORTS WILL WORSEN LOCAL INDUSTRY’S WOES

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JOHANNESBURG, 30 OCTOBER 2017 –  The Steel and Engineering Industries Federation of Southern Africa ( SEIFSA)   is extremely  concerned that the challenges of the local steel industry will only  worsen…

Gandhi Quote

WITH NEASA, FEAR IS THE KEY TO SUCCESS

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NEVER UNDER-ESTIMATE THE POWER OF THE NEGATIVE Dear Stakeholder By now you will no doubt have had at least one of NEASA’s ever-wailing newsletters clogging your in-box since SEIFSA member…

SEIFSA

SEIFSA WELCOMES PPI DATA IMPROVEMENT, BUT CAUTIONS AGAINST VOLATILE RAND

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JOHANNESBURG, 27 OCTOBER 2017 - The increase in producer prices in September 2017 provides some much-needed comfort for producers, the Steel and Engineering Industries Federation of Southern Africa (SEIFSA) said today....
SEIFSA

SEIFSA STRONGLY OPPOSED TO ESKOM’S PROPOSED ELECTRICITY TARIFF HIKE

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JOHANNESBURG, 26 OCTOBER 2017 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) has expressed strong opposition to Eskom’s application to the National Energy Regulator of South Africa…

CONSUMER PRICE INFLATION FIGURES PLACE RESERVE BANK UNDER PRESSURE

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JOHANNESBURG, 18 OCTOBER 2017 – The Consumer Price Inflation (CPI) figures released by Statistics South Africa earlier today place the Reserve Bank in a difficult position on whether or not...
SEIFSA

SEIFSA PRESIDENT SERIOUSLY CONCERNED ABOUT SLOW PACE OF TRANSFORMATION IN THE SECTOR AND THE GOVERNMENT’S FAILURE TO ARREST CORRUPTION

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Johannesburg, 16 October 2017 – Steel and Engineering Industries Federation of Southern Africa (SEIFSA) President Michael Pimstein has bemoaned the slow pace of transformation in the metals and engineering sector…

SEIFSA

SEIFSA WELCOMES IMPROVEMENT IN AUGUST PRODUCTION DATA FOR THE SECTOR

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JOHANNESBURG, 10 OCTOBER 2017 – The preliminary August 2017 production data for the metals and engineering (M&E) sector released by Statistics South Africa today reflects an increase in output for…

SEIFSA

MEDIA INVITATION – 10 OCTOBER 2017

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PRESIDENTIAL BREAKFAST INVITATION The aim of this breakfast is to provide political and economic insights from our Guest Speaker, Professor JP Landman, into how the political climate is directly impacting…

SEIFSA

INCREASE IN THE MEIBC REGISTRATION AND ADMINISTRATION EXPENSES COLLECTIVE AGREEMENT

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The Management Committee of the Metal and Engineering Industries Bargaining Council (MEIBC) has approved an increase in the Council’s Registration and Administration Expenses Agreement with effect from Friday, 6 October...
SEIFSA

COSATU’S INTENDED PROTEST ACTION ON 27 SEPTEMBER 2017

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Introduction As you may be aware from recent media reports, the Congress of South African Trade Unions (COSATU) is preparing for a possible protest action in the form of a...
SEIFSA

SEIFSA WELCOMES GOVERNMENT INTERVENTIONS IN MANUFACTURING AND CALLS FOR STRICT ENFORCEMENT OF DESIGNATION

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Johannesburg, 20 September 2017 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) has thrown its weight behind the Empowered Engineering and Manufacturing Initiative. SEIFSA has partnered with…

EEMI

OPENING ADDRESS OF THE EMPOWERED ENGINEERING & MANUFACTURING INITIATIVE

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By Kaizer M. Nyatsumba, Chief Executive Officer, SEIFSA Date: Wednesday, 20 September 2017 Thank you very much, Programme Director, for that introduction. Greetings, Ladies and Gentlemen – and welcome to…

SEIFSA

AUTOMOTIVE PLAYERS LAUD APDP AT INDABA

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Johannesburg, 14 September 2017 – Major players in the South African automotive industry today lauded the success of the Automotive Production and Development Programme (APDP), saying it had contributed to the...
SEIFSA

SOCIAL PARTNERS MUST UNITE AGAINST CORRUPTION AND STATE CAPTURE

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Johannesburg, 14 September 2017 – Business, labour and other social partners should work together to punish those involved in corruption and state capture, Mapungubwe Institute for Strategy Reflection (MISTRA) CEO Joel Netshitenzhe said...
SEIFSA

INVESTIGATE STATE CAPTURE URGENTLY, SAYS ANC’S MKHIZE

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Johannesburg, 14 September 2017 – The judicial commission of inquiry into allegations of state capture should be set up without delay, African National Congress (ANC) Treasurer-General Dr Zweli Mkhize told delegates at the...
SEIFSA

MEDIA INVITATION – 7 SEPTEMBER 2017

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HIGH-PROFILE SPEAKERS FOR THE 3rd SOUTHERN AFRICAN METALS AND ENGINEERING INDABA   DATE:        14-15 SEPTEMBER 2017 VENUE:     The Industrial Development Corporation (IDC) Conference Centre, 19 Friedman Road, Sandton TIME:…

MOTOR SECTOR

SEIFSA LAUDS SUPPORT FOR MOTOR SECTOR

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Johannesburg, 7 September 2017 – The Automotive Production and Development Programme’s (APDP’s) impact on demand for South Africa’s metals and engineering sector will come under the spotlight in next week’s…

SEIFSA

SOUTH AFRICA NEEDS A SOCIAL COMPACT FOR STABILITY AND INVESTMENT

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Johannesburg, 3 September 2017 – In the face of slow economic growth and rising unemployment, South Africa needs a social compact between the government, business and labour to foster labour market…

SEIFSA

PPI BLOW FOR MANUFACTURERS

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Johannesburg, 31 August 2017 – The 1.5% annual decrease in the Producer Price Index (PPI) for intermediate manufactured goods in July 2017 does not augur well for producers in an economy...
SEIFSA

CONTINENTAL FREE TRADE AREA TO BOOST INTRA-AFRICA TRADE

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Johannesburg, 27 August 2017 - The creation of a single market for goods and services through the much-anticipated Continental Free Trade Area will create enormous opportunities for manufacturers in the continent,...
SEIFSA

PPI is likely to aid CPI easing further, says SEIFSA

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  Johannesburg, 23 August 2017 – The declining Producer Price Index (PPI) increases chances of further inflation easing in the near future, Steel and Engineering Industries Federation of Southern Africa (SEIFSA)…

SEIFSA

Metals and Engineering sector seals 2017-2020 settlement agreement

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Johannesburg, 23 August 2017 – The metals and engineering sector today signed the 2017-2020 metals and engineering sector settlement agreement at the Metals and Engineering Industries Bargaining Council (MEIBC) offices in Johannesburg....
SEIFSA

SADC NEEDS POLITICAL WILL TO STIMULATE REGIONAL TRADE

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Johannesburg, 20 August 2017 - Southern African countries must align their priorities in order to set the region's manufacturing sector on a sustainable growth path, Steel and Engineering Federated Industries of...
SEIFSA

Regional political leadership’s impact on the economy to come under scrutiny at metals and engineering indaba

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Johannesburg, 17 August 2017 – Political leadership in Southern African can either advance or hinder economic growth in the region, according to Steel and Engineering Industries Federation of Southern Africa (SEIFSA) CEO...
SEIFSA

Government must do more to protect manufacturers from cheap imports

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Johannesburg, 13 August 2017 – THE Government should consider additional measures to protect local metals and engineering manufacturers from cheaper and subsidized imports, according to Steel and Engineering Industries Federation of…

Metal Post

Export competitiveness in the metals and engineering sector is pivotal for economic growth and synchronised upswing in the world economy, argues Michael Ade.

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Our review of the State of the Metals and Engineering sector in the first quarter of 2017 reaffirmed the low-growth scenario, which saw a second consecutive contraction in GDP technically…

MEINDABA

The Metals and Engineering sector is worried about job losses

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JOHANNESBURG, 6 August 2017 – The Southern African Metals and Engineering Indaba 2017 is an opportunity for stakeholders to come up with workable solutions to stop the jobs bloodbath in…

SEIFSA

LATEST PMI DATA AND A WEAKER RAND WILL FURTHER REDUCE MARGINS OF METAL AND ENGINEERING COMPANIES

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JOHANNESBURG, 2 August 2017 – Manufacturers continue to face serious headwinds despite last month’s decision by the South African Reserve Bank to cut the repo rate by 25 basis points, which was…

SEIFSA

FALLING PPI POINTS TO WEAK DEMAND PROSPECTS IN THE ECONOMY, SAYS SEIFSA

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FALLING PPI POINTS TO WEAK DEMAND PROSPECTS IN THE ECONOMY, SAYS SEIFSA   Johannesburg, 27 July 2017 – South Africa’s hard-pressed manufacturers are on the receiving end of the weak…

SEIFSA

HIGH-PROFILE SPEAKERS FOR THE 3rd ANNUAL SOUTHERN AFRICAN METALS AND ENGINEERING INDABA

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HIGH-PROFILE SPEAKERS FOR THE 3rd ANNUAL SOUTHERN AFRICAN METALS AND ENGINEERING INDABA JOHANNESBURG, 23 July 2017 – Renowned and prominent speakers will address delegates attending the 3rd Annual Southern African…

SEIFSA

Business and consumer spending is important to boost the economy, says SEIFSA

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BUSINESS AND CONSUMER SPENDING IS IMPORTANT TO BOOST THE ECONOMY, SAYS SEIFSA Johannesburg, 19 July 2017 – South Africa’s ailing economy desperately needs an increase in business and consumer expenditure…

SEIFSA

SEIFSA MAKES TWO TOP APPOINTMENTS IN ITS ECONOMICS DIVISION

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SEIFSA MAKES TWO TOP APPOINTMENTS IN ITS ECONOMICS DIVISION JOHANNEBURG, 17 July 2017 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is pleased to announce the appointment…

SEIFSA

Seifsa represents small and big companies, and seeks a win-win dispensation with labour

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SEIFSA REPRESENTS SMALL AND BIG COMPANIES, AND SEEKS A WIN-WIN DISPENSATION WITH LABOUR JOHANNESBURG, 12 JULY 2017 – Contrary to propaganda maliciously spread by another employer organisation, the Steel and…

SEIFSA

The South African economy is struggling to support manufacturing

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The South African economy is struggling to support manufacturing, says SEIFSA JOHANNESBURG, 3 JULY 2017 – The decline in the June 2017 ABSA Purchasing Managers’ Index (PMI) is a confirmation…

SEIFSA

SEIFSA welcomes automotive sector’s commitment to increase sourcing of locally-produced goods

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SEIFSA welcomes automotive sector’s commitment to increase sourcing of locally-produced goods Johannesburg, 28 June 2017 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the automotive industry’s…

SEIFSA

PPI data point to margin pressure in the metals and engineering sector, says SEIFSA

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PPI data point to margin pressure in the metals and engineering sector, says SEIFSA Johannesburg, 27 June 2017 – The Producer Price Inflation (PPI) data released by Statistics South Africa…

SEIFSA

Rising unemployment shows an economy in trouble, says SEIFSA

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Johannesburg, 27 June 2017 – The employment figures released by Statistics South Africa (StatsSA) today indicate a deeply troubled economy which, in the absence of a solution, will see ordinary…

recession

SEIFSA blames the recession on political noise and poor political leadership from the government

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 JOHANNESBURG, 6 June 2017 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is gravely concerned about the South African economy’s descent into a recession, SEIFSA Senior Economist…

hazleton and weir seifsa awards

Hazelton Pumps, Weir Minerals win big at SEIFSA Awards for excellence

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JOHANNESBURG, 26 May 2017 – Almost 100 guests representing small and large companies in the metals and engineering sector attended the 3rd annual SEIFSA Awards for Excellence ceremony in Sandton…

SEIFSA Awards winners to be announced on Thursday

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JOHANNESBURG, 23 May 2017 – Winners of the annual SEIFSA Awards for Excellence will be announced at a gala event in Sandton on Thursday (25 May 2017), evening, the Steel…

political unrest

Effects Of Political Instability On The Economy Were Clearly Evident In April

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JOHANNESBURG, 2 May 2017 – The sharp fall in the Absa Purchasing Managers Index (PMI) for April 2017 is strongly indicative of the political noise inherent in the system, which…

SEIFSA SHEQ

Recognising The Impact Of Health And Safety In Manufacturing, Seifsa Seeks To Honour An Exemplary Company

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JOHANNESBURG, 24 APRIL 2017 – Health and safety in business, but especially for companies involved in manufacturing, is paramount – and the Steel and Engineering Industries Federation of Southern Africa (SEIFSA)…

SEIFSA

Entries For Prestigious Seifsa Awards For Excellence Deadline Extended Until End April

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ENTRIES FOR PRESTIGIOUS SEIFSA AWARDS FOR EXCELLENCE DEADLINE EXTENDED UNTIL END APRIL JOHANNESBURG, 13 APRIL 2017 – The Steel and Engineering Industries Federation of Southern Africa’s (SEIFSA’s) is delighted to…

SEIFSA

Transformed Companies In The Metals And Engineering Sector To Be Celebrated

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Transformed Companies In The Metals And Engineering Sector To Be Celebrated JOHANNESBURG, 6 APRIL 2017 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is calling on companies…

SEIFSA

Latest PMI Data Indicate A Relatively Strong Set Of Fundamentals Underpinning Manufacturing

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Latest Pmi Data Indicate A Relatively Strong Set Of Fundamentals Underpinning Manufacturing JOHANNEBURG, 3 April 2017 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the ABSA…

SEIFSA

Entries For Prestigious SEIFSA Awards For Excellence Close

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ENTRIES FOR PRESTIGIOUS SEIFSA AWARDS FOR EXCELLENCE CLOSE JOHANNESBURG, 12 MARCH 2017 – The Steel and Engineering Industries Federation of Southern Africa’s (SEIFSA’s) search for top-performing companies in the Southern…

SEIFSA

SEIFSA Calls President Jacob Zuma “A Major Economic Liability” And Expresses “Grave Concern” About Stewardship Of South Africa’s Economy

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SEIFSA Calls President Jacob Zuma “A Major Economic Liability” And Expresses “Grave Concern” About Stewardship Of South Africa’s Economy JOHANNESBURG, 4 APRIL 2017 – The Steel and Engineering Industries Federation…

SEIFSA

SEIFSA Welcomes Updward Movement In PPI Which Is Indicating Less Pressure On Profit Margins On The Sector

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SEIFSA Welcomes Updward Movement In Ppi Which Is Indicating Less Pressure On Profit Margins On The Sector JOHANNEBURG, 30 March 2017 – The Steel and Engineering Industries Federation of Southern…

SEIFSA

SEIFSA Welcomes Maintenance Of Interest Rates, Appeals For Political Stability

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SEIFSA Welcomes Maintenance Of Interest Rates, Appeals For Political Stability JOHANNEBURG, 30 March 2017 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) today welcomed the South African…

SEIFSA

SEIFSA Keen To Honour A Company With Industry-Leading Customer Service In The Metals And Engineering Sector

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SEIFSA Keen To Honour A Company With Industry-Leading Customer Service In The Metals And Engineering Sector   JOHANNESBURG, 29 MARCH 2017 – Customer service is central to the success of…

SEIFSA

In Search Of A Company With The Most Outstanding Corporate Social Responsibility Programme for 2016

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In Search Of A Company With The Most Outstanding Corporate Social Responsibility Programme for 2016   JOHANNESBURG, 23 MARCH 2017 – Great companies make for good corporate citizens, positively impacting…

SEIFSA

SEIFSA Welcomes Easing Inflation And Forecasts Reserve Bank’s Maintenance Of Current Interest Rate

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SEIFSA Welcomes Easing Inflation And Forecasts Reserve Bank’s Maintenance Of Current Interest Rate JOHANNEBURG, 22 March 2017 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) today welcomed the…

SEIFSA

SEIFSA Remains Confident Of Its Metals And Engineering Sector Growth Forecast For The Year

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SEIFSA Remains Confident Of Its Metals And Engineering Sector Growth Forecast For The Year JOHANNESBURG, 14 MARCH 2017 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) today…

SEIFSA

SEIFSA Seeks To Honour A Company With The Best Health And Safety Record Amidt Sector Challenges

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SEIFSA Seeks To Honour A Company With The Best Health And Safety Record Amidt Sector Challenges JOHANNESBURG, 14 MARCH 2017 – The company that will have led the metals and…

SEIFSA

Labour Court Judgement: Payment of Administration and Dispute Levies

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Labour Court Judgement: Payment of Administration and Dispute Levies You may recall that in June 2016 the extension to non-parties of the current Administration and Dispute Levy expired. That meant…

SEIFSA

SEIFSA In Search Of The Most Innovative Company Of The Year In The Metals And Engineering Sector

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SEIFSA In Search Of The Most Innovative Company Of The Year In The Metals And Engineering Sector JOHANNESBURG, 09 MARCH 2017 – The company that will have stood head and…

SEIFSA

SEIFSA Concerned About Poor 2016 Economic Growth And Its Impact On The Metals And Engineering Sector

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SEIFSA Concerned About Poor 2016 Economic Growth And Its Impact On The Metals And Engineering Sector JOHANNEBURG, 07 March 2017 – The Steel and Engineering Industries Federation of Southern Africa…

SEIFSA

SEIFSA says good PMI figures point to some positivity in the metals and engineering sectors

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SEIFSA says good PMI figures point to some positivity in the metals and engineering sectors JOHANNEBURG, 1 March 2017 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA)…

SEIFSA

SEIFSA continues search for 2016 top-performing companies

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SEIFSA continues search for 2016 top-performing companies JOHANNESBURG, 27 FEBRUARY 2017 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) said today its search for top-performing companies in…

SEIFSA

PPI data signal a possible rise in metals and engineering profit margins, says SEIFSA

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PPI data signal a possible rise in metals and engineering profit margins, says SEIFSA JOHANNESBURG, 23 February 2017 – The Steel and Engineering Industries Federation of Southern African (SEIFSA) today…

SEIFSA

SEIFSA welcomes the announcement of much-awaited steel development fund in the 2017 budget speech

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SEIFSA WELCOMES THE ANNOUNCEMENT OF MUCH-AWAITED STEEL DEVELOPMENT FUND IN THE 2017 BUDGET SPEECH JOHANNEBURG, 22 February 2017 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) today…

SEIFSA

SEIFSA welcomes slight improvement in the CPI

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SEIFSA WELCOMES SLIGHT IMPROVEMENT IN THE CPI JOHANNEBURG, 15 February 2017 The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) today welcomed the marginal reprieve in the Consumer Price Index…

SEIFSA

SEIFSA forecasts the metals and engineering sector to grow by 1.4%

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JOHANNEBURG, 27 January 2017 – For the first time in more than three years, the metals and engineering sector in South Africa is forecast to grow – by around 1.4%…

SEIFSA

SEIFSA finds continuing inflation pressures disappointing

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JOHANNEBURG, 14 December 2016 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) has expressed disappointment at the struggling inflation numbers released by Statistics South Africa today. The…

SEIFSA

Improvement in job figures not lifting the Metals and Engineering Sector out of crisis

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JOHANNEBURG, 12 December 2016 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomed an increase in employment figures released by Statistics South Africa (StatsSA) today, which showed…

SEIFSA

Negative production and sales figures are disappointing for the Metals and Engineering Sector

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JOHANNEBURG, 8 December 2016 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) expressed disappointment at the negative manufacturing production and sales figures released by Statistics South Africa…

SEIFSA

SEIFSA commends the launch of a new black-owned steel company in South Africa

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JOHANNEBURG, 8 December 2016 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) today commended the official launch of RSC AVELO in Roodepoort – South Africa’s only black…

SEIFSA

Maintenance of 7% interests rate will cushion the metals and engineering sector from further pressure

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JOHANNEBURG, 24 November 2016 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the South African Reserve Bank’s (SARB) Monetary Policy Committee’s (MPC) decision today to leave…

SEIFSA

SEIFSA welcomes positive, short-term improvement in production, but warns that the sector has not yet turned the corner

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SEIFSA welcomes positive, short-term improvement in production, but warns that the sector has not yet turned the corner   JOHANNEBURG, 1O November 2016 – The Steel and Engineering Industries Federation…

SEIFSA

Positive sub-sector performance is welcomed, but concern remains over continuing cost pressure in the metals and engineering sector

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Positive sub-sector performance is welcomed, but concern remains over continuing cost pressure in the metals and engineering sector JOHANNEBURG, 24 November 2016 – The Steel and Engineering Industries Federation of…

SEIFSA

SEIFSA concerned about more severe contraction in the metals and engineering sector

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SEIFSA concerned about more severe contraction in the metals and engineering sector JOHANNEBURG, 01 November 2016 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) today expressed grave…

SEIFSA

Metals and Engineering production disappoints again, ignoring the healthier GDP figures

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JOHANNEBURG, 8 September 2016 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) today expressed its disappointment at the latest production figures which indicate a continuing slump in…

SEIFSA

Fixed-Investment expenditure is important to stimulate growth in the Metals and Engineering Sector

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JOHANNESBURG, 6 September 2016 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) today welcomed Statistics South Africa’s announcement that the economy and manufacturing grew by 3,3% and…

SEIFSA

SEIFSA welcomes G-20 Leaders’ decision to address excess steel capacity

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JOHANNESBURG, 6 September 2016 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the decision by the Group of 20 (G-20) leaders to address excess global steel…

SEIFSA

SEIFSA concerned about serious distress for the Metals and Engineering Sector indicated by latest PMI

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JOHANNESBURG, 1 September 2016 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) today expressed its growing concern about the deepening distress level in the sector following the…