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Seifsfa News

SEIFSA Cautiously Optimistic Following a Rebound in Metals and Engineering Sector Output in May.

12th 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 and Engineering (M&E) sector, despite a corresponding decline in business confidence and a volatile rand,... 

Decrease in the purchasing managers’ index for June 2018 a cause for concern

12th 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 as reflected in the composite Absa Purchasing Managers’ Index (PMI) released yesterday, SEIFSA Economist Marique Kruger... 

Gradual producer price index improvement for intermediate manufactured goods bodes well for the metals and engineering cluster - SEIFSA

12th July 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 South Africa today, which affirm the gradual improvement in selling price inflation for sub-industries in the... 

Cheap valve imports taking over the local market

6th July 2018 Amid ageing water infrastructure, the South African Valve and Actuator Manufacturers Association (Savama) laments the substantially cheaper and poor-quality Chinese valves and associated products that find their way onto the local market. “In the current market, we find that price supersedes... 
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South Africa’s energy industry in limbo, facing many challenges

South Africa’s energy industry is not declining, but it is being disrupted, says GE gas power systems anglophone Africa sales MD Nosizwe Dlengezele. Addressing media at a briefing, in Johannesburg, on Tuesday, she noted that, ultimately, people who rely on the energy market will find ways to... 

Study indicates FDI can provide credible solutions to several social issues

If guided wisely, foreign direct investment (FDI) can provide credible solutions to inequality, and alleviate urban poverty and unemployment, the United Nations Human Settlements Programme (UN-Habitat) said on Tuesday with the release of its ‘State of the African Cities 2018’ report. Drawing on a... 
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