Wednesday, 22 Apr 2026

Current affairs publication that encourages citizens’ journalism

Explore Now
Townpress Newspaper
  • News
  • Africa
  • World
  • Business
  • Sports
  • Lifestyle
  • People
  • Motoring
  • Podcast
My News
  • ANC
  • Cyril Ramaphosa
  • eskom
  • facebook
  • twitter
  • SAPS
  • President Cyril Ramaphosa
  • Gauteng
  • DA
  • Nigeria
Townpress NewspaperTownpress Newspaper
Font ResizerAa
  • News
  • Africa
  • World
  • Business
  • Sports
  • Lifestyle
  • People
  • Motoring
  • Podcast
Search
  • News
  • Africa
  • World
  • Business
  • Sports
  • Lifestyle
  • People
  • Motoring
  • Podcast
Have an existing account? Sign In
Follow US
© 2014 - 2026 Townpress Newspaper, South Africa - Townpress logo & associated media rights are the intellectual property of Townpress Newspaper. All Rights Reserved.
BusinessPublic Statement

SEIFSA: Finding the middle ground to avert collapse

Town Press
Last updated: February 28, 2024 12:34 am
By
Town Press
January 31, 2024
Share
5 Min Read
SHARE

The sector continues to face many risks and uncertainties such as the return of loadshedding, bottlenecks at Transnet’s sprawling logistics infrastructure and policy uncertainty ahead of the 2024 national and provincial elections. Confidence in South Africa is at a record low. And yet, the sectors recovery is crucial for the country’s economic prospects, as it has the potential to boost productivity gains for the economy, exports, investment, innovation and job creation. The number of ever-increasing unemployed people should instill a sense of urgency into fixing our economy. Failing that, we run the risk of entrenching the kind of poverty that can upend the social compact that underpins our democracy.

Times are tough in the country now. The news seems relentlessly depressing. Intense anger grows because so many of the problems closing businesses and killing jobs could have been avoided. Our disillusionment with the state of our country, industry and the future is normal, but once that’s registered, leaders across the board must find it within themselves to move the conversation beyond the doom loop.

Employers and trade unions at a Metal and Engineering Industries Bargaining Council (MEIBC) meeting today signed a landmark process or relationship agreement giving the green light for the commencement of the 2024 round of wage and conditions of employment negotiations under a set of rules, guidelines and guiding principles that to date have been absent from our engagements.

Starting is easy, staying the course tests one’s mettle, finding common ground and closing the deal is a reflection of having found common purpose. But at the heart of the matter are the basis and nature of industrial relations in SA, which by definition place capital and labour permanently on opposite sides as adversaries.

In collective bargaining, only when the parties find sufficient intersections of common inputs to a solution to be generated is a deal possible. In a traditionally adversarial setting and particularly when the going gets tough and faced with the prospect of negotiations completely unravelling, the side that takes the first step towards the middle is most likely to get the best deal; if there is a middle.

This year industry negotiations take place against a landscape that is unprecedented. Bargaining partners are faced with a number of crises ranging from economic (energy, supply chain, inflation, interest rates etc.) socio-economic (rising unemployment, spiraling cost of living) and a macro and micro economic scenario that point to a sector that is showing very little prospects of real, meaningful, jobs rich, inclusive economic growth.

New study identifies African ‘hotspot’ for highly infectious diseases
MillionsworthPR ranked number one on OFLocal rating Directory
COVID-19 Free Resource Centre launched by LexisNexis
SAMWU Saddened by yet another Firefighter loss of life at CoJ

Yet, in spite of all these challenges the parties have signaled their intent to engage one another at the negotiating table. As a precursor to the formal engagement process the parties have framed in a signed agreement how they intend engaging and interacting with one another. Further, a pre-bargaining conference will be held in order to clearly understand the landscape industry finds itself, with the aim of understanding industry’s challenges, prior to each party returning to their respective constituencies for a mandate.

Parties this year have set themselves the ambitious target of settling withing the currency of the current agreement, which lapses on 30 June 2024. This amounts to an unprecedented achievement but then again, this industry is known for doing what most thought impossible.

In the final analysis, we have no option but to persevere, if we steadfastly stick to thinking we’re right and the other side is wrong, the centre won’t hold and collective bargaining will collapse. No common purpose, no industrial peace, no progress.

- Advertisement -
Ad image

The process or relationship agreement signed today brings together a spectrum of diverse ideologies between and amongst different employer and trade union groupings with the hope they can move forward in prosperity, tolerance and harmony, maybe impossible to imagine. But, as Lao Tzu so aptly puts it, “A journey of a thousand miles begins with a single step,” an inspiring reminder of the importance of taking that first step, regardless of the obstacles that may lie ahead.

Facebook Comments

.
  • Masemola Maintains Innocence IN Multi-Million-Rand Tender Case
  • Gauteng Health Issues Alert Over Rising Malaria Cases
  • NPA Holds Off On Prosecution In Emmarentia Shooting Case
  • Heavy Rains Leave Parts Of Cape Town Flooded
TAGGED:Lucio TrentiniSteel and Engineering Industries Federation of Southern Africa (SEIFSA)
Share This Article
Email Copy Link Print
ByTown Press
Follow:
At Town Press, we believe that everyone with a story deserves to be heard. We’re building a dynamic, citizen-led journalism platform that makes news publishing accessible to all South Africans, from rural townships to urban centers, and from first-time voices to seasoned storytellers.
Previous Article Zoleka Mandela: Mandela’s granddaughter passes on at age 43
Next Article Edwin Sodi in big trouble with SARS over R400m tax bill
Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Newsletter Subscription

Subscribe to our newsletter to get our newest articles instantly!

    FacebookLike
    XFollow
    YoutubeSubscribe
    MediumFollow
    RSS FeedFollow

    Top News

    Courts

    Masemola Maintains Innocence IN Multi-Million-Rand Tender Case

    April 21, 2026
    Health

    Gauteng Health Issues Alert Over Rising Malaria Cases

    April 21, 2026
    Crime

    NPA Holds Off On Prosecution In Emmarentia Shooting Case

    April 21, 2026
    Weather

    Heavy Rains Leave Parts Of Cape Town Flooded

    April 21, 2026
    Top News
    Police appeal for help to find missing couple
    Community
    Illicit Alcohol Under Scrutiny as Compliance Checks Intensify
    Community
    Henke Pistorius Breaks Silence on Son’s Character and New Venture
    Right now
    Malema Returns To Court As Prosecutors Push For Maximum Sentence
    Courts
    Three Bodies, One Grave: Ncumisa Selani’s Secret Murders Shocked Pretoria
    Community
    Private School Shock: King David Victory Park Closure Resurfaces in 2026
    Community

    You May also Like

    Public Statement

    Action 24 – Active citizens for responsive legislatures

    March 23, 2018
    Business

    DStv to Cut 16 Channels as Contract Talks Collapse

    December 3, 2025
    CommunityPublic Statement

    “President Ramaphosa Unveils the New GNU Cabinet”

    July 1, 2024
    BusinessCommunity

    AFU seize luxury cars belonging to Edwin Sodi

    February 27, 2024
    Show More
    • More News:
    • ANC
    • Cyril Ramaphosa
    • eskom
    • facebook
    • twitter
    • SAPS
    • President Cyril Ramaphosa
    • Gauteng
    • DA
    • Nigeria
    • Johannesburg
    • South Africa
    • zimbabwe
    • jacob zuma
    • EFF
    • Covid-19
    • KwaZulu-Natal
    • State capture
    • cape town
    • Hawks
    Townpress Newspaper

    Indigenous Newspaper created to embolden the township ideals of sharing information and connecting people to grassroots content locally and around the world. We believe communal stories are relevant, so we created the platform to tell the stories of real south africans, people you know.

    Facebook X-twitter Linkedin Youtube Medium Rss

    About Company

    • Contact Us
    • Advertise with US
    • Privacy Policy – T&C
    • Cookie Policy
    • Comments Policy
    • Submit a Tip
    Subscribe Now for Real-time Updates on the Latest Stories!
    © 2014 - 2026 Townpress Newspaper, South Africa - Townpress logo & associated media rights are the intellectual property of Townpress Newspaper. All Rights Reserved
    Manage Cookie Consent
    To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    • Manage options
    • Manage services
    • Manage {vendor_count} vendors
    • Read more about these purposes
    View preferences
    • {title}
    • {title}
    • {title}
    Welcome to Townpress
    Username or Email Address
    Password

    Lost your password?