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Gordhan pays tribute to Twine

Johannesburg - Economist Tony Twine's input to the post-apartheid economic debate will be missed, Finance Minister Pravin Gordhan said on Monday.

"Mr Twine made a valuable contribution to the development of policies in several government departments and was part of a team that drafted South Africa's energy policies," Gordhan said in a statement.

Twine, 57, died on Sunday in Milpark hospital, following a heart attack last week.

He was economist and director at Econometrix. Gordhan extended his condolences to Twine's family, friends and colleagues.

"The National Treasury valued his insight on such issues as international ratings agencies, the automobile industry, petroleum markets and various aspects of litigation and competition law economics," Gordhan said.

"As an eminent researcher and senior economist at Econometrix, his widely-published opinions in international media helped to form positive views of South Africa by investors."

Two weeks ago, Twine released a report on the positive economic implications of the proposed Karoo shale gas exploration, commissioned by Shell.

Twine matriculated from Pinelands High School and graduated from UCT, according to the Econometrix website. He studied at the University of SA while working for Mobil Oil Southern Africa, where he worked extensively on demand models for gasoline and diesel.

He joined Datsun Nissan, where he worked as senior economist and market research manager.

Twine joined Econometrix in 1983, and became a director in 1986.

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