“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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Article source: http://www.timeslive.co.za/politics/2012/03/12/gordhan-praises-economist-twine