Press Release - 2016/11/11: 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 of Southern Africa (SEIFSA) welcomes the latest manufacturing production data released by Statistics South Africa (StatsSA) today, showing an improvement in the metals and engineering sector’s production for September.
Press Releases 2016/11/02: 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 concern at the continuing contraction in the metals and engineering sector, as indicated by the recent Purchasing Managers’ Index data released by the Bureau of Economic Research/Barclays (BER).
SEIFSA WELCOMES FINANCE MINISTER’S FISCAL PRUDENCE, BUT FEELS THAT IT IS NOT SUFFICIENT
PRESS RELEASE - 2016/10/27: SEIFSA WELCOMES FINANCE MINISTER’S FISCAL PRUDENCE, BUT FEELS THAT IT IS NOT SUFFICIENT
JOHANNEBURG, 27 October 2016 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the fiscal consolidation intended by Finance Minister Pravin Gordhan’s Medium-Term Budget Policy Statement yesterday, but believes that more tougher measures will be necessary to turn our economy around.
SEIFSA Economist on the Money Talk: 3% decline in demand for steel and impact
Tafadzwa Chibanguza, SEIFSA Senior Economist, featured on the Moneyweb's Money Talk on Radio 2000 with Tumisang Ndlovu where he illustrated the challenges of the 3% decline in the demand for steel products. Click here to listen.