KZNEIA Member’s News
Johannesburg, 1 June 2020 - 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 companies in the manufacturing sector, the Steel...
MANUFACTURING PRODUCTION DATA DISSAPOINTS AS BUSINESSES STRUGGLE WITH ADDITIONAL COVID-19 CHALLENGES 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...
Johannesburg, 3 March 2020 – The consecutive dip in the real Gross Domestic Product (GDP) during the fourth quarter of 2019, which sent the economy into a recession, was deeply disappointing, Steel and Engineering Industries Federation (SEIFSA) Chief Economist Michael...
Johannesburg, 29 October 2019 - The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is concerned following today’s the release by Statistics South Africa (Stats SA) today of data, showing an increase in the unemployment numbers in the domestic...
Johannesburg, 19 September 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- and prime rate unchanged at 6.50 percent and 10.00 percent, respectively....
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 bode well for future activity of companies in the broader manufacturing sector, so said Steel and Engineering Industries...
Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the official beginning of the African Continental Free Trade Area (AfCFTA) on 30 May 2019, which provides access to a continent-wide market of 1.2 billion people worth $2.5 trillion....
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 Engineering Industries Federation of Southern Africa (SEIFSA) CEO Kaizer...
SEIFSA invites its members and stakeholders in the Metals and Engineering Sector to a breakfast on Friday, 12 April 2019 where the top 5 South African political parties will address the business community . The event will be hosted at the Johannesburg Country Club, in...
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 Africa (SEIFSA) Economist Marique Kruger. Speaking...