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The rate of producer price index (PPI) inflation increased to 2.4% year-on-year in August and was also higher than the 1.9% year-on-year recorded in July, mainly on account of the changes in the...
While the decision to leave interest rates unchanged at 3.5% is “disappointing”, North West University Business School economist Professor Raymond Parsons says South Africa’s basic policy...
With President Cyril Ramaphosa having announced the move to a Level 1 lockdown for South Africa, effective September 20, positive reactions have been streaming in from all spheres of the economy,...
Industry organisation the Steel and Engineering Industries Federation of Southern Africa (Seifsa) has partnered with manufacturing industry veteran Leon Viljoen to provide support, guidance and...
South Africa’s real gross domestic product (GDP) decreased by just over 16% between the first and second quarters, resulting in an annualised growth rate of ‑51%. This has extended the economic...
Overall business activity in the manufacturing sector, as captured by the headline Absa Purchasing Managers’ Index (PMI) for August, provides some level of reassurance to companies in the Metals...
The 19 employer associations affiliated to industry body the Steel and Engineering Industries Federation of Southern Africa (Seifsa) and the industry’s five trade unions on September 1 formally...
The increase in the Producer Price Index (PPI) for intermediate manufactured goods in the metals and engineering (M&E) sector is expected to ease the pressure on struggling businesses as demand...
As South Africa ends its first week under alert Level 2 of the national lockdown, industry organisation the Steel and Engineering Industries Federation of Southern Africa (Seifsa) is hopeful that...
Industry organisation, the Steel and Engineering Industries Federation of Southern Africa (Seifsa) says it is “disappointed” about the recent court judgment against the National Energy Regulator of...
The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has reiterated the devastating impact of the national lockdown on the country's manufacturing output. Seifsa chief...
The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has welcomed the High Court ruling in favour of the Department of Trade, Industry and Competition (DTIC) in a procurement...
The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) has welcomed yesterday’s high court ruling in favour of the Department of Trade, Industry and Competition (DTIC) in a...
The drop in the selling prices of domestic intermediate products will put a further strain on companies in the metals and engineering (M&E) sector, given the direct implications of these prices on...
The Steel and Engineering Federation of Southern Africa (Seifsa) has welcomed the decision by the National Energy Regulator of South Africa (Nersa) to appeal the High Court judgment that set aside...
The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is disappointed at the recent court judgment against the National Energy Regulator of South Africa (NERSA) that the...
Industry organisation, the Steel and Engineering Industries Federation of Southern Africa (Seifsa) says it is “disappointed” about the recent court judgment against the National Energy Regulator of...
The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is concerned about the latest quarterly employment statistics (QES) data released today by Statistics South Africa (Stats...
The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes today’s decision by the South African Reserve Bank to reduce the repo rate by 25 basis points, to 3.5%, SEIFSA...
As a company that carries out the majority of its projects and services in high-risk environments, Babcock’s ongoing safety accolades prove that it does not pay lip service to safety, and that...
The decrease in manufacturing production, as shown by the data released by Statistics South Africa (StatsSA) today, is concerning, the Steel and Engineering Industries Federation of Southern Africa...
South Africa's manufacturing production decreased by 49.4% year-on-year in April. Statistics South Africa (Stats SA) reports that the largest contributors to this decline was the motor vehicles,...
The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has welcomed government's announcement that it has tasked the International Trade Administration Commission (Itac) of...
The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the Government’s decision to look into measures to support the metals and engineering sector, which has been...
The Steel and Engineering Industries Federation of Southern Africa (Seifsa) says the 2% contraction in South Africa's gross domestic product (GDP) in the first quarter of the year is disconcerting,...
The road to the metals and engineering (M&E) sector’s post-Covid-19 recovery will be long and will require extraordinary and targeted policies to walk the tightrope towards an economic reboot,...
The quarterly labour force survey (QLFS) data, which reflects an increase in the number of unemployed people for Q1 of 2020 before the Coronavirus-induced economic crisis, does not bode well for...
The latest manufacturing production data released by Statistics South Africa this afternoon is consistent with the economy’s poor performance since the beginning of the year and does not bode well...
The international Covid-19 outbreak, which has disrupted the South African and global economies, has thrown another “spanner in the works” for the already embattled domestic steel sector and could...
The international Covid-19 outbreak, which has disrupted the South African and the global economy, has thrown another “a spanner in the works” for the already embattled domestic steel sector and...
Manufacturing production in South Africa decreased by 5.4% year-on-year in March, likely as a result of the Covid-19 pandemic and subsequent lockdowns. The largest negative contribution was made by...
A surprise uptick in overall business activity for May 2020, as captured by the headline Purchasing Managers’ Index (PMI), despite subdued economic activity from the lockdown, bodes well for...
Having plunged to an all-time low of 5.1 index points in April, financial services provider Absa’s Purchasing Manager’s Index (PMI) survey rose sharply to 43.2 index points in May, propelled by...
The 50 basis points interest rate cut announced by the South African Reserve Bank (SARB) this afternoon will bring further relief to the domestic economy and the embattled businesses operating in...
The decrease in manufacturing production figures for the month of February 2020 deals a further blow to metals and engineering (M&E) companies already operating under duress of a struggling...
Statistics South Africa (Stats SA) reports that manufacturing production decreased by 2.1% in February. The largest negative contributors were basic iron and steel, nonferrous metal products,...
The inaugural, one-day BRICS Manufacturing Conference, which was scheduled to take place in Johannesburg on 21 May, has been moved to 6 August, Conference organisers said this morning. The Chairman...
Owing to the Covid-19 pandemic, national federation the Steel and Engineering Industries Federation of Southern Africa (Seifsa) has moved its sixth Annual Excellence Awards ceremony from May 28 to...
Owing to the Covid-19 pandemic, the Steel and Engineering Industries Federation of Southern Africa (SEIFSA) has moved its 6th Annual Excellence Awards ceremony from 28 May to 23 July. The...
The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is concerned about a huge dip in business activity in the broader manufacturing sector, as reflected by the sub-index of...
The Absa Purchasing Managers’ Index's (PMI's) business activity subindex crashed to an all-time low of 5.1 index points in April. The decline means that manufacturing output came to a near...
The establishment of the BRICS Manufacturing Working Group (MWG) subsequently gave birth to numerous priority projects identified across a number of the sub-clusters of the manufacturing sector....
The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) urges companies that are yet to submit entries for the 2020 SEIFSA Awards for Excellence to do so before tonight’s...
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