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Seifsa unveils indaba as part of steel, engineering revival plan

14th November 2014

By: Terence Creamer

Creamer Media Editor

  

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The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has announced that it will host a high-level Metals and Engineering Indaba in Gauteng next May as part of efforts to revive the fortunes of the important, yet embattled, manufacturing subsector.

Lamenting the decline in manufacturing’s economic contribution from over 20% of gross domestic product in 1983 to only 16% in 2013, CEO Kaizer Nyatsumba said the conference would bring together business owners, trade unionists and policymakers from across the Southern African Development Community (SADC) to deliberate on turnaround strategies.

Invitations have been extended to Trade and Industry Ministers from across the SADC region and South Africa’s Minister, Dr Rob Davies, has already indicated his eagerness to participate.

Captains of industry have also been invited and will participate in panel discussions along with leading economists and trade unionists.

The intention is to develop the indaba into a yearly event, with the inaugural two- day gathering to be held at Emperors Palace, in Ekurhuleni, on May 28 and 29.

Nyatsumba also announced that the organisation would be launching the Seifsa Awards for Excellence in 2015. The awards, which would take place on March 19, would seek to “recognise, celebrate and encourage excellence in the metals and engineering sector”.

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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