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Decreasing employment in South Africa a sign of ‘deeply troubled economy’ – Seifsa

By: African News Agency      13th December 2017 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) said on Tuesday that South Africa’s employment statistics showed signs of a “deeply troubled economy” and was a serious cause for concern. This comes after Statistics South Africa released its Quarterly Employment... 

Seifsa welcomes improvement in PMI, despite it remaining below the 50 point mark

By: Natasha Odendaal     1st December 2017 While the Absa Purchasing Managers' Index (PMI) still trended below the neutral level of 50 for the sixth consecutive month during November, it has consistently shown improvement for four successive months from August to November. The Steel and Engineering Industries Federation of Southern Africa... 

SA Hippo Flameproof Submersible Pumps Exported Has A 98% Local Content.

     9th November 2017 The HIPPO Flameproof Submersible Slurry Pump Range which has been designed, developed and manufactured in South Africa has a minimum of 98% local content – with only the bearings and mechanical seals being imported. All manufactured components for the HIPPO Pump Range have a 100% local content... 

Seifsa ‘cautiously optimistic’ following improved PMI

By: Creamer Media Reporter      1st 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 Purchasing Managers' Index (PMI),  which indicates an improvement in activity in the manufacturing sector. This was the... 

Seifsa concerned about US investigation into carbon, alloy steel iron rod imports

By: Anine Kilian     30th October 2017 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) says it is extremely concerned that the challenges facing the local steel industry will only worsen if the US Department of Commerce and the US International Trade Commissions’ (ITC’s) parallel investigations to determine... 

Seifsa president laments slow pace of metals sector transformation

By: Terence Creamer     13th October 2017 The slow pace of transformation in the metals and engineering sector continues to be of concern, Steel and Engineering Industries Federation of Southern Africa (Seifsa) president Michael Pimstein said during his presidential address in Johannesburg on Friday. He urged the sector, which represents... 

Opinion: It's about the extension of agreements, stupid

     21st September 2017 In this opinion piece, National Employers Association of South Africa CEO Gerhard Papenfus argues that protecting the current collective bargaining dispensation will ensure its complete downfall. During a recent Metals and Engineering Indaba, numerous reasons were advanced why collective... 

Seifsa supports Empowered Engineering and Manufacturing initiative

By: Creamer Media Reporter      20th September 2017 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has partnered with Smart Procurement World to launch the Empowered Engineering and Manufacturing initiative, which is aimed at driving economic transformation and industrial progress in engineering and manufacturing. “The... 

South Africa’s collective bargaining system on a knife-edge

By: Terence Creamer     15th September 2017 South Africa’s centralised collective bargaining system is at a critical “turning point”, with the sustainability of the current model being widely questioned in light of growing opposition to the extension of wage settlements to non-parties to the negotiations. Steel and Engineering Industries... 

SA’s export strategy aims to boost capacity for value-added goods, services trade

By: David Oliveira     8th September 2017 South Africa's Department of Trade and Industry's (DTI's) Integrated National Export Strategy (INES) to help improve the global competitiveness of South African exporters and tap the export-led economic growth benefits that have flowed to other developing countries in recent decades. The strategy... 

SA Hippo - World’s Safest Submersible Pump For Underground Mining

     1st September 2017 Coal mining accidents caused by gas and coal dust explosions account for the most fatal mining disasters around the world. However, dangerous Methane gas is present at most underground mines as well and not only in coal mines.  This was, once again, confirmed when a fatal methane gas explosion... 

Seifsa, unions ink three-year wage agreement 

By: Natasha Odendaal     23rd August 2017 For the first time in a decade, the metals and engineering sector has settled a three-year wage agreement without resorting to industrial action, the Steel and Engineering Industries Federation of Southern Africa (Seifsa) said on Wednesday. While none of the parties who signed the agreement are... 

Industrial base growth will stimulate province’s steel industry

     18th August 2017 Growing the Eastern Cape industrial base will assist in stimulating growth in the struggling steel industry, says the Industrial Development Corporation (IDC). 

Manufacturers on receiving end of weak economy

     18th August 2017 Manufacturers in South Africa are on the receiving end of the weak economy as there is little room to pass on cost increases, says Steel and Engineering Industries Federation of Southern Africa (Seifsa) economist Marique Kruger. 

Seifsa calls on govt to protect local manufacturers from cheap imports

By: Anine Kilian     14th August 2017  Steel and Engineering Industries Federation of Southern Africa (Seifsa) CEO Kaizer Nyatsumba says government should consider additional measures to protect local metals and engineering manufacturers from subsidised imports.   The influx of cheaper imports, he noted in a statement on Monday, had... 

Job-shedding in the thousands cause for alarm – Seifsa

By: Natasha Odendaal     7th August 2017 The loss of 25 000 jobs in the metals and engineering sector during the three-year period from July 2014 to June 2017 necessitates that a workable solution be found to halt the “jobs bloodbath”, says the Steel and Engineering Industries Federation of Southern Africa (Seifsa). With a first-quarter... 

PMI, weaker rand does not bode well for manufacturing – Seifsa

By: Natasha Odendaal     2nd August 2017 The poor performance of Absa’s July Purchasing Managers’ Index (PMI) and the weakening of the rand will place continued pressure on the manufacturing sector, the Steel and Engineering Industries Federation of Southern Africa (Seifsa) said on Wednesday. The seasonally adjusted Absa PMI declined by... 

Falling PPI points to weak demand in South Africa’s economy – Seifsa

By: Anine Kilian     27th July 2017 South Africa’s hard-pressed manufacturers are on the receiving end of the weak economy as there is little room to pass on cost increases, Steel and Engineering Industries Federation of Southern Africa (Seifsa) economist Marique Kruger said in a statement on Thursday.   The June Producer Price... 

Seifsa appoints new economists

By: Anine Kilian     17th July 2017 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has appointed Dr Michael Ade chief economist and Marique-Mari Kruger economist with effect from July 17 and August 1, respectively. Ade will join Seifsa from the South African Revenue Service where he is capacity director... 

Solidarity ready to pursue bilateral talks to avoid metals sector strike

By: Terence Creamer     13th July 2017 Trade union Solidarity announced on Thursday that it would pursue bilateral talks with employer organisations in the metals and engineering sector in a bid to break a three-week deadlock in wage negotiations. Talks at the Metal and Engineering Industries Bargaining Council (MEIBC) broke down on... 

Seifsa and Neasa in war of words as metals sector strike looms

By: Terence Creamer     12th July 2017 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has described suggestions that it is only representing the interests of large employers in the metals and engineering sector as malicious “propaganda”, arguing that it “fights hard” to represent both small and big... 

Numsa warns of imminent metals, engineering industry strike

By: Megan van Wyngaardt     7th July 2017 The National Union of Metalworkers of South Africa (Numsa) on Friday warned of an imminent strike in the local metals and engineering sector, after the latest round of negotiations reached a deadlock on Thursday. The union is demanding a two-year 15% wage increase across the board, based on the... 

South African economy ‘too weak’ to support manufacturing sector – Seifsa

By: Anine Kilian     4th July 2017 The decline in the Absa Purchasing Managers’ Index (PMI) for June is confirmation that the fundamentals of the South African economy are too weak to support the manufacturing sector, the Steel and Engineering Industries Federation of Southern Africa (Seifsa) said on Tuesday. The PMI dropped to... 

Seifsa welcomes Naamsa’s renewed commitment to local industry

By: Megan van Wyngaardt     29th June 2017 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has welcomed the announcement by the National Association of Automobile Manufacturers of South Africa (Naamsa) that original-equipment manufacturers will increase their sourcing of locally-produced goods as part of the... 

MEIBC appoints subcommittee in attempt to resolve metals, engineering wage negotiation deadlock

By: Megan van Wyngaardt     23rd June 2017 The Metal and Engineering Industries Bargaining Council’s management committee has agreed to appoint a subcommittee to attempt resolving the disputes declared by employers and trade unions in the metals and engineering sector. Negotiations to conclude a wage agreement and an agreement on... 

VescoPlastics’ strong training heritage recognised

By: David Oliveira     23rd June 2017 For its commitment to training, local polymer bearing manufacturer   VescoPlastics received the Artisan Award at the Steel and Engineering Industries Federation of Southern Africa’s (Seifsa’s) Awards for Excellence, which were held last month at the Industrial Development Corporation Conference... 

Are South African companies dying or perishing?

By: Riaan de Lange     16th June 2017 This is a simple enough question, but is the answer as simple? Well, that depends on the distinction you make between dying and perishing. According to the Oxford Dictionary perishing is defined as dying, especially in a violent way, dying is defined simply as being on the point (verge) of death.... 

Numsa to demand 15% increase in engineering sector wage talks

By: African News Agency      7th June 2017 The National Union of Metalworkers of South Africa (Numsa) has said it would demand a 15% wage increase across the board as wage talks in the metal and engineering sector begin on Wednesday. The metal sector wage talks are brought about as the current wage agreement lapses at the end of this month. 

South African economy enters recession as Q1 GDP contracts 0.7% 

By: Megan van Wyngaardt     6th June 2017 South Africa’s gross domestic product (GDP) contracted by 0.7% in the first quarter of the year, pushing the country in a technical recession. This followed on the 0.3% contraction in GDP in the fourth quarter of last year. 

Seifsa, Manufacturing Circle welcome rebound in PMI

By: Anine Kilian     2nd June 2017 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) and the Manufacturing Circle have welcomed the rebound in the Absa Purchasing Managers Index (PMI) to 51.5 index points in May, up from the 44.7 index points recorded in April.  Seifsa senior economist Tafadzwa Chibanguza... 

Hazleton Pumps, Weir Minerals win big at Seifsa Awards for Excellence

     25th May 2017 Family-owned Hazleton Pumps and engineering solutions provider Weir Minerals were the big winners at the Steel and Engineering Industries Federation of Southern Africa’s (Seifsa’s) Awards for Excellence. Almost 100 guests representing small and large companies in the metals and engineering sector... 

Valves association provides platform for training

By: Marleny Arnoldi     19th May 2017 With poor product design, poor selection and inefficient processes in the manufacture of valves becoming a concern, the South African Valve and Actuator Manufacturers Association (Savama) says there is a need for training to be emphasised to avoid this reality becoming entrenched.  

April PMI slumps to well below neutral 50 mark

By: Natasha Odendaal     2nd May 2017 After a solid first-quarter performance, the seasonally adjusted Absa Purchasing Managers' Index (PMI) slumped in April 2017. The Bureau for Economic Research (BER) index fell to 44.7 index points from an average of 51.9 during the first quarter. 

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

     24th 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 seeks to honour companies in the metals and engineering sector that have shown an exemplary record with their health and... 

Seifsa extends deadline for excellence awards entries to April 28

By: Megan van Wyngaardt     13th April 2017 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has extended the deadline for entries for its Awards for Excellence for 2017 to April 28, to afford more companies time to submit entries. “After countless queries from interested companies in the metals and engineering... 

Business warns of ‘negative spiral’ after reshuffle-induced downgrade

By: Terence Creamer     4th April 2017 Business has warned of a possible “negative spiral” for the country’s economy as a result of President Jacob Zuma’s “ill-considered” March 31 Cabinet reshuffle, which led S&P Global Ratings to downgrade South Africa’s sovereign credit rating to the subinvestment-grade status of BB+, with a... 

Absa PMI dips slightly to 52.2 in March

By: Anine Kilian     3rd April 2017 The seasonally adjusted Absa Purchasing Managers’ Index (PMI) managed to hold on to recent gains in March, despite dipping slightly lower to 52.2 from 52.5 in February, thereby remaining above the neutral 50-point mark for a third straight month. This was supported by all five major subcomponents... 

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

     29th March 2017 Customer service is central to the success of a company – especially during difficult times.  Amid the challenges that have faced the metals and engineering sector in the past few years, astute businesses have still managed to ensure that they excel in this area.   Such companies will be... 

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