Newcastle Sakekamer

Newcastle Sakekamer Aiming for business prosperity and growth within Newcastle.

18/09/2025
02/09/2025

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David Gresham Entertainment Group

The decision to postpone the wind-down by one month is positive news for Newcastle and its surrounding areas. Additional...
10/02/2025

The decision to postpone the wind-down by one month is positive news for Newcastle and its surrounding areas. Additionally, reports indicate that the government has provided a R1 billion bailout package and is currently discussing a broader rescue plan. We remain hopeful that all parties involved will develop a viable and sustainable model for the steel industry.

However, as long as the 30% rebate on scrap remains in place, there is a significant risk that this situation could arise again in the future. A long-term solution is essential to ensure stability.

If successfully implemented, this model could serve as a blueprint for other industries in South Africa. Small and medium-sized enterprises (SMEs) play a crucial role in the economy, contributing approximately 34% to the country’s GDP and employing around 60% of the workforce. Strengthening support structures across industries could drive sustainable economic growth and job creation.

Morne Seaman
President

Address

C/O Hardwick & Allan Street, Newcastle Showgrounds
Newcastle
2940

Opening Hours

Monday 09:00 - 13:00
Tuesday 09:00 - 13:00
Wednesday 09:00 - 13:00
Thursday 09:00 - 13:00
Friday 09:00 - 13:00

Telephone

+27685411779

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