Seifsa is a national federation representing 16 independent employer associations in the metal and engineering industries, with a combined membership of over 1 300 companies employing over 140 000 employees.
The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has welcomed the launch of South Africa’s new Industrial Development Strategy but has cautioned that the success of the plan will depend on greater stakeholder consultation, clearer policy direction and decisive implementation.
Seifsa is a national federation representing 16 independent employer associations in the metal and engineering industries, with a combined membership of over 1 300 companies employing over 140 000 employees. The federations membership ranges from giant steel-making corporations to micro-enterprises employing fewer than 50 people.
In a statement issued on Friday, Seifsa said it supports the broad objectives of the strategy unveiled by the Department of Trade, Industry and Competition (the dtic), particularly its focus on industrialisation as a driver of economic growth, job creation and competitiveness.
The federation said the strategy correctly recognises the importance of a strong industrial base in supporting South Africa’s long-term economic resilience and development goals.
