The Metal Industries Benefit Funds Administrators (MIBFA) would like to extend its heartfelt gratitude to all participating employer companies for their invaluable support in implementing the two-pot applications for the withdrawal of the initial savings component, effective from 1st September 2024. Employer Participation and Challenges The process has not been without its challenges for some […]
Author Archives: SAPMA
13
May
May
Following a bruising round of wage negotiations in 2021 which peaked in a three-week strike costing the industry in excess of R600 million rand per day in lost revenue, this year’s agreement was reached in record time, with no industry disruption and within mandate. The SEIFSA affiliated membership which accounts for 57% of all employees, […]
30
Nov
Nov
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 […]
15
Nov
Nov
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 […]
29
Oct
Oct
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 […]
News
SEIFSA WELCOMES END OF METAL AND ENGINEERING INDUSTRIES STRIKE AND LAUDS THE SIGNING OF A LANDMARK AGREEMENT
22
Oct
Oct
JOHANNESBURG, 21 October 2021 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the end of the strike that has affected the metal and engineering sector in the past three weeks, SEIFSA Chief Executive Officer Lucio Trentini said. SEIFSA on behalf of its affiliated Associations and labour reached a landmark agreement on […]