Tag Archives: Economy

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) […]

DECLINING TREND IN MANUFACTURING SECTOR PRODUCTION WORRYING, SAYS SEIFSA

JOHANNESBURG, 8 APRIL 2021 – The unabated decline in manufacturing production is worrying and may worsen further amid steep electricity tariff and transport cost increases, the Steel and Engineering Industries Federation of Southern Africa (SEIFSA) said today. According to data released by Statistics South Africa today, total manufacturing production declined by 2.1% year on year […]

RISE IN CONSTRUCTION AND BUILDING MATERIAL SALES SHOWS SIGNS OF GREEN SHOOTS FOR ECONOMY, SAYS SEIFSA

JOHANNESBURG, 18 MARCH 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 today. SEIFSA Chief Economist Chifipa Mhango said the increase in the sale of construction […]