SEIFSA CONCERNED BY FURTHER RISE IN UNEMPLOYMENT NUMBERS FOR THE THIRD QUARTER OF 2021
Johannesburg, 29 November 2021 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is concerned by data released by Statistics South Africa (Stats SA) today, showing a further increase in the unemployment numbers in the domestic economy. According to the latest Quarterly Labour Force Survey (QLFS), the data indicates that there is an […]
Economic Update for Associations for November 2021
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SEIFSA encouraged by continous improvement in selling price inflation
Johannesburg, 25 November 2021 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the continued improvement in the Produce Price Index (PPI) for intermediate manufactured goods, as reported by Statistics South Africa (Stats SA) today. “PPI data has improved consecutively from January this year, alongside the PPI for final manufactured goods. This is […]
SEIFSA welcomes finance minister’s 2021 medium term budget policy statement
JOHANNESBURG, 12 NOVEMBER 2021 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes Finance Minister Enoch Godongwana’s Medium Term Budget Policy Statement (MTBPS), which outlined South Africa’s path to economic and social recovery. The year 2020 has been difficult for South Africa’s ailing economy which was not spared from the devastating impact of […]
SEIFSA continued increase in manufacturing production & sales data is encouraging
JOHANNESBURG, 11 NOVEMBER 2021 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is encouraged by manufacturing data released by Statistics South Africa’s (StatsSA) today which indicates an uptick of 1.3 percent in total manufacturing production on a year-on-year basis in September 2021 compared to September 2020. The improvement in manufacturing data is […]
SEIFSA WELCOMES CONTINUOUS IMPROVEMENT IN SELLING PRICES FOR MANUFACTURED GOODS
Johannesburg 28 October 2021 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the consistent increase in the Producer Price Index (PPI) for intermediate manufactured goods published by Statistics South Africa (Stats SA) today. The improvement in the data, which is used as a proxy for selling price inflation, is good for the […]
Industry wage and employment negotiations successfully concluded
On Thursday, 21 October 2021, SEIFSA on behalf of the affiliated Employer Associations signed an agreement with NUMSA ending a three-week strike after the deal had already been signed with Solidarity and UASA. MEWUSA and SAEWA signed the deal on 22 October 2021, thereby ensuring a complete representation of all the trade unions as signatories […]
Ramaphosa declares 1 November a public holiday
Ramaphosa declares 1 November a public holiday Monday 11 October 2021 – 6:50pm President Cyril Ramaphosa. GCIS JOHANNESBURG – President Cyril Ramaphosa has declared the date for the local government election a public holiday. The polls will be held on Monday, 1 November. The President is asking employers to allow their workers to exercise their […]
COSATU’S Notice To Strike – 7 October 2021
Management may be aware, from recent media reports, that the Congress of South African Trade Unions (COSATU) is preparing for a national day of action in the form of a national stay-away on Thursday, 7 October 2021. This Management Brief provides some basic background to the issue and guidance to Management in dealing with the […]