South african unions said on tuesday they had agreed a threeyear wage deal for engineering workers, ending weeks of difficult negotiations and averting an industry strike. But in our experience, companies that commit to following a sales strategy methodology can and often do meet even their stretch goals for sales. The national union of metalworkers of south africa numsa will continue a threeweek strike after its regional branches accepted a wage offer from employers but rejected conditions relating to. Contract price adjustment provisions cpap work groups and. The southern african metals and engineering indaba me indaba. Contract price adjustment provisions ee publishers. Always selling at the top of your potential may sound like an impossible dream.
So, you are in the process of tendering for that big contract and it is a requirement that you make use of the seifsa indices to assist you in accurately pricing your tender contract. All of the questions are normal to ask, especially to a new user of the seifsa price and index pages pips. What is shorthand of steel and engineering industries federation of south africa. Indices financial product agreement ifpa and indices market data policies imdp which includes the data policies relevant to the ida must be used in conjunction with the indices price list.
An example is yfm, a popular gautengbased radio station targeting south africas black youth. Seifsa as abbreviation means steel and engineering industries federation of south africa. While the discussions continue, we seifsa find ourselves right at the centre of the. Seifsa is listed in the worlds largest and most authoritative dictionary database of abbreviations and acronyms the free dictionary. Yfm fuses several social concerns including hivaids, and women and children abuse with its brand identity, and the move has deepened brand identity with its target audience. We offer custom autocad drawings to all our clients, allowing for conceptualization of the final product before it is built. Looking for online definition of seifsa or what seifsa stands for.
It covers indices for materials and services costs, statutory and actual labour costs and there are a number of sector specific indices developed for use in the metal and engineering industry. Download skype offline installer, and portable setup for windows 8. This second edition cancels and replaces the first edition iso 584. Seifsa, as the employers lobby is known, is seeking a threeyear deal while numsa is asking for a 10 percent pay increase for one year to end the strike. Absa jse indices, uptodate to help you make important.
Investing in social responsibility brand south africa. Seifsa steel and engineering industries federation of south africa sicpreparation of this document, every effort was made to standard industrial classification the findings, interpretations and conclusions expressed in this report are those of the authors. Seifsa news printed 2015 2019 steel and engineering. The seifsa price and index pages is essential to the completion of tenders and claims for the adjustment of contract prices and price escalation claims. Seifsa, from experience, recommends that, where possible.
The most common shorthand of steel and engineering industries federation of south africa is seifsa. Download skype for your computer, mobile, or tablet to stay in touch with family and friends from anywhere. This online resource and all the contents contained within is the sole property of the steel and engineering industries federation of south africa seifsa home about. The aim of this blog is to assist you as a potential firsttime user of seifsa pips in understanding the price indices and how to apply the same in your cpa after landing that big tender. How to use seifsa indices for contract price adjustment cpa.
This price is subject to additional charges for deliveries outside of south africa. Previous post seifsa to honour companies advancing transformation in the metals and engineering sector next post seifsa welcomes gain in employment numbers, but remains concerned about high duress and stress levels facing local business. So, you are in the process of tendering for that big contract and it is a requirement that you make use of the seifsa indices to assist you in accurately. Seifa socio economic indexes for areas acronymfinder. Machinery seifsa the composite indices f or building and civil materials, published by statistics sa, are continuing their upward momentum. As in previous years, will shine the spotlight on matters affecting the steel and engineering sector. The uptodate jse indices to help you make important financial decisions. To fill the gap of the 45%, the additional seifsa etsa indices will be produced. The latest data for march further strengthening in the price of civil engineering materials, which. Seifsa 42 anderson street, 2001 johannesburg rated 3. This definition appears somewhat frequently and is found in the following acronym finder categories.
This site uses cookies for analytics, personalized content and ads. Seifsa is listed in the worlds largest and most authoritative dictionary database of abbreviations and acronyms. Jan 07, 2020 the seifsa training centre will provide the training you need to become a worldclass artisan and open up a world of work opportunities. What is the abbreviation for steel and engineering industries federation of south africa. Consumer price index additional tables january 2011 5 table 2 consumer price index. By continuing to browse this site, you agree to this use. The content of the website you are visiting is not controlled by absa. This link is being offered for your convenience and absa is not. To fill the gap of the 45%, the additional seifsaetsa indices will be produced.
Working with seifsa the steel and engineering industries federation of southern africa and the cea sa the lbd viewpoints are strongly articulated in negotiations with the trade unions and on various other industry platforms. Im grateful for the opportunity seifsa has bestowed on me. Sarcea reinforced steel reinforcing detailing and scheduling. Seifsa means steel and engineering industries federation of south africa. Strategy indices 1 stoxx europe esg social leaders diversification select 30 eur index the stoxx diversification select family of indices captures the performance of stocks with low correlation, low volatility and high dividends, derived from established stoxx benchmark indices. The annual percentage change in the electrical industry cost drivers for june 2014, as well as the electrical indices and weightings for workgroups 160 and 162. Numsa continues strike over wage offer conditions the mail. Seifsas training centre is based in the metal industry heartland of ekurhuleni, benoni. The indices reported on in this publication are mainly based on a combination of ppi, seifsa and cpi indices for the particular month.
Sa decor and design the buyers guide 2016 edition by sa decor. The three indices reflecting monthly percentage changes mainly due to factors other than the headline cpi are. The historical database is available at r2520 incl vat and is couriered to you on cd. The fifth southern african steel and engineering indaba will once again be held in september 2020.
Seifsa produced the price and index pages for many years, with the explicit objective of helping members to cope with escalation. Contact steel and engineering industries federation of. Welding guidance on the measu svetsning vagledning till. This agreement provides comprehensive conditions of employment for some 320 000 scheduled workers including workers supplied by labour brokers employed at over 10 000. Seifa is defined as socio economic indexes for areas somewhat frequently. Stat enables users to search for and extract data from across abs databases. It is for this reason that the contract price adjustments provision cpap indices are compiled for the use by contractors, w. How is socio economic indexes for areas abbreviated. The monthly percentage increase of 2,0% reflected by this index was mainly due to a 3,7% monthly increase in seifsa for metal prices copper rcp metric ton, which accounts for approximately 40,0%. When planning your project we consider every aspect of form and function. The main agreement is a collective agreement between the employer organisations and trade unions that constitute the metal and engineering industries bargaining council. Tri market snapshot product tri market snapshot end user fee s notes billing frequency s. Jul 25, 2014 the national union of metalworkers of south africa numsa will continue a threeweek strike after its regional branches accepted a wage offer from employers but rejected conditions relating to. Trade union solidarity announced on thursday that it would pursue bilateral talks with employer organisations in the metals and engineering sector in a bid to break a threeweek deadlock in wage.
Seifsa steel and engineering industries federation of southern africa. Contract price adjustment provisions cpap work groups. Contract price adjustment provisions cpap work groups and selected materials indices january 2014 embargoed until. For example, where the cost of transport is a significant percerttage of the total cost of the project, insert a transport index. This acronymslang usually belongs to organizations, education schools etc. They do not necessarily reflect the views or policies of the development bank of southern. South african unions agree wage deal for engineering workers.
All content on is for your general information and use only and is not intended to address your particular requirements. The pips premium subscription is only available to seifsa members. Materials worth considering for specific exclusion are boughtout items i. What are the seifsa indices, why are they so important. Numsa continues strike over wage offer conditions the. Work group 160 work group 162 june 20 522,1 602,0 july 20 536,9 617,3 august 20 538,9. The 6 th southern african metals and engineering indaba 2020. Seifsa main agreement steel and engineering industries. The steel and engineering industries federation of southern africa seifsa is an. The seifsa price and index pages pips, a steel and engineering industries federation of southern africa publication, has reached its 60th successful year of.
International standard iso 584 was prepared by technical committee isotc 150, implants for surgery, subcommittee sc 2, cardiovascular implants. Data will be updated as soon as possible following its 11. We came to the realisation that our indices only covered about 55% of a typical companys costs. Construction price indices monitoring report report objective contractors are frequently exposed to fluctuations in material prices and are at a financial risk when appropriate provision is not made. The component selection process first excludes all stocks with.
Seifsa divisions from wage negotiations and health and safety, through to bbbee advice and economic insights, our expertly curated division portals will guide you every step of the way, helping you achieve unsurpassed success in your business. Seifsa price and index pages are widely known and use in the logistics industry, due to. The training centre has a proud 30year history of providing outstanding apprentice training results and continues to attract favourable publicity from successful partnerships and projects with the department of infrastructure development, the swisssouth african cooperation initiative ssaci, the. A subscription to either the daily download service or to our premium service is required in order to qualify for the database. Download and complete the seifsa bursary application form. The executive chairman of the scaw metals group, ufikile khumalo, has been appointed president of the steel and engineering industries federation of south africa seifsa. Membership and payment of fees to seifsa a wage agreements negotiated on a national basis. The jbcc publication consists of indices derived from changes in the cost structures prevailing in 37 different sectors of the building industry and is reported on by stats sa on a monthly basis.
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