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Your Economic and Commercial Partner

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Membership

Membership

In line with SEIFSA’s mission, the Economic and Commercial (EC) Division’s aim is to enhance SEIFSA’s profile by providing input into the national discourse on economic, trade and commercial matters. This is aimed at improving business conditions in the M&E sub-industry of manufacturing. To this end, the Division provides the following services:

Economic Research

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Annual economic research and statistical analysis of the sector. Overview of the domestic and international macro-economic environment and insightful market appraisals to SEIFSA member Associations, Government and other key stakeholders.

Price And Index Pages 02

Continuous updates to the Price and Index Pages (PIPS) – a flagship product for the M&E and related sectors, with the latest statutory and sector-specific cost indices for relevant economic indicators, including materials, services and labour. The PIPS indices are useful for cost tracking, benchmarking of standards and best practices, calculation of contracts (or tenders) price adjustments or escalation and for generally updating price lists.

Contract Price Adjustment 03

Contract Price Adjustment (CPA) workshops where delegates are guided through the process of using the PIPS indices to substantiate price adjustments and how to use model formulas for computation of price adjustments.

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