The time of the year is fast approaching where management will have to finalise their annual shutdown arrangements. The key provisions of the Main Agreement and the respective leave pay and leave enhancement pay (leave bonus) calculations are set out in this article to assist management in completing this task as simply as possible. To […]
Category Archives: News
SEIFSA support and promotes the development of skilled human capital relevant to the Steel and Engineering industry. SEIFSA grants bursaries every year to learners who are pursuing a career related to the Steel and Engineering sector. The financial assistance is awarded to qualified full-time students registered for approved undergraduate Engineering programmes at South African Universities or […]
Johannesburg, 30 October 2024. The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) commends the National Treasury on a policy statement that is underpinned by a pro-economic growth narrative while maintaining a good degree of fiscal prudence. The latter is critical because it will ensure a virtuous cycle where further pro-growth initiatives can be […]
3 September 2024 Please see below a FAQ sheet from the UIF eDecs Made Simple Webinar hosted by BUSA on eDecs submissions: UIF eDecs Made Simple Webinar 13.08.2024 FAQ To view a recording of the webinar please click here and insert passcode: Z!D4G+hJ
3 September 2024 FOR YOUR INFORMATION Please note that DEL Minister has issued a statement confirming that all UIF platforms, including uFiling, USSD, TERS portal, are currently down. This is linked to a court decision relating to service provider challenge. It is not clear when services will resume. Monthly payroll declarations, done via the eDecs […]
15 July 2024 The recent changes to the Financial Intelligence Centre (FIC) Act (General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Act 22 of 2022) have resulted in some companies meeting the definition of a High-Value Goods Dealer and now being required to comply with the FIC Act. Importantly, in some instances, this now […]
4 July 2024 SEIFSA, on behalf of the 18 member organizations, concluded a settlement agreement this year with the industry’s five trade unions on terms and conditions of employment for the next three years. Aside from wages, a key undertaking is a provision dealing with access to housing for industry workers. It has recently come […]
26 June 2024 Please see below for your information: Circular No – 2024-03 Main Agreement 2024 to 2027 Appendix A to Industry Circular No – 2024-03 Main Agreement 2024 to 2027
25 June 2024 The interest in price indices as well as their importance has grown rapidly over the past couple of decades. A sound practical knowledge of these indices has therefore become essential for businesses in the tender and contracts environment. Theory and Calculation of Contract Price Adjustment 02 July – 16 July […]