Author Archives: SAPMA

PRODUCTION AND SALES DATA IN THE MANUFACTURING SECTOR REFLECTS THE IMPACT OF THE UNREST IN THE MONTH OF JULY

JOHANNESBURG, 09th SEPTEMBER 2021 – The Steel and Engineering Federation of Southern Africa (SEIFSA), says the manufacturing production and sales data reflects the negative impact of the July’s unrest in Gauteng and KwaZulu-Natal provinces. According to manufacturing data released by Statistics South Africa (StatsSA), total manufacturing production declined to -4.1% year-on-year in July 2021, when […]

FOCUS ON POLICY IMPLEMENTATION REQUIRED TO REVERSE SOARING UNEMPLOYMENY, SAYS SEIFSA

JOHANNESBURG, 24 AUGUST 2021 – The Quarterly Labour Force Survey (QLFS) data released today by Statistics South Africa (Stats SA) is a sign that efforts to reverse the impact of COVID-19 on the economy and employment will continue to be a bumpy ride unless there is a focus on Government policy implementation, the Steel and […]

PRODUCTION AND SALES DATA IN THE MANUFACTURING SECTOR IS ENCOURAGING, SAYS SEIFSA

JOHANNESBURG, 10 AUGUST 2021 – The improvement in Metals and Engineering (M&E) production and sales are encouraging as it indicates the economy is slowly gaining momentum despite the COVID-19 pandemic, the Steel and Engineering Industries Federation of Southern Africa (SEIFSA) said today. According to manufacturing data released by Statistics South Africa (StatsSA), total manufacturing production […]

SEIFSA WELCOMES CABINET RESHUFFLE AND LOOKS FORWARD TO WORKING WITH THE NEW MINISTER OF FINANCE

JOHANNESBURG, 6 August 2021 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes the cabinet reshuffle and is looking for forward to working with new Minister of Finance, Mr Enoch Godongwana. The departure of outgoing finance minister Tito Mboweni is disappointing, considering the level of experience, expertise and political background. However, SEIFSA acknowledges […]

PRODUCER PRICES CONTINUE TO RISE AMID INPUT COST INCREASES FOR INDUSTRIES, SAYS SEIFSA

JOHANNESBURG, 29 JULY 2021 – The rise in producer price inflation (PPI) does not bode well for the overall domestic inflation outlook as producers pass on costs to consumers, who are already under financial strain, the Steel and Engineering Industries Federation of Southern Africa (SEIFSA) said today. Data released today by Statistics SA showed PPI […]

IMPROVEMENT IN MANUFACTURING PRODUCTION DATA ENCOURAGING, SAYS SEIFSA

JOHANNESBURG, 12 JULY 2021 – The continued improvement in manufacturing sector production and sales data is an indication of sporadic signs of economic recovery from the impact of COVID-19 lockdowns, the Steel and Engineering Industries Federation of Southern Africa (SEIFSA) said today. According to manufacturing data released by Statistics South Africa (StatsSA), total manufacturing production improved […]

LATEST EMPLOYMENT NUMBERS REFLECT A TURBULENT PATH TO ECONOMIC RECOVERY, SAYS SEIFSA

LATEST EMPLOYMENT NUMBERS REFLECT A TURBULENT PATH TO ECONOMIC RECOVERY, SAYS SEIFSA JOHANNESBURG, 29 JUNE 2021 – The Quarterly Employment Statistics (QES) data released today by Statistics South Africa (StatsSA) reflect South Africa’s turbulent path to economic recovery amid the deepening negative impact of COVID-19 restrictions on the economy, the Steel and Engineering Industries Federation […]

SEIFSA WELCOMES ENCOURAGING FIRST-QUARTER ECONOMIC GROWTH

SEIFSA WELCOMES ENCOURAGING FIRST-QUARTER ECONOMIC GROWTH JOHANNESBURG, 8 JUNE 2021 – The uptick in economic growth during the first quarter of 2021 in South Africa is encouraging as it indicates increased demand for local goods and services – a key driver for much-needed job creation, the Steel and Engineering Industries Federation of Southern Africa (SEIFSA) […]

RISE IN CONSTRUCTION AND BUILDING MATERIAL SALES BODES WELL FOR M&E SECTOR, SAYS SEIFSA

RISE IN CONSTRUCTION AND BUILDING MATERIAL SALES BODES WELL FOR M&E SECTOR, SAYS SEIFSA JOHANNESBURG, 20 MAY 2021 – The uptick in sales of construction and building materials, amid increased construction activity, is encouraging and bodes well for the Metals and Engineering (M&E) sector, the Steel and Engineering Industries Federation of Southern Africa (SEIFSA) said […]

LOW CAPACITY UTILISATION IN MANUFACTURING SECTOR A CONCERN, SAYS SEIFSA

LOW CAPACITY UTILISATION IN MANUFACTURING SECTOR A CONCERN, SAYS SEIFSA JOHANNESBURG, 6 MAY 2021 – Persistant low levels of capacity utilisation in the manufacturing sector and low demand for locally manufactured goods are worrying as COVID-19 alert restrictions continue to limit operations at industrial plants, the Steel and Engineering Industries Federation of Southern Africa (SEIFSA) […]