Respected veteran economist Tony Twine has died after a short illness. Twine, 57, died on Sunday at Milpark hospital after suffering from a heart attack last week.He was well known for his work in the motor industry, and advised the government on energy policy.
Twine matriculated from Pinelands High School and graduated from UCT. From 1976 he studied further at UNISA while working for Mobil Oil Southern Africa where he worked extensively on demand models for petrol and diesel. He later joined Datsun Nissan, where he successively worked as Senior Economist and Market Research Manager. Much of his time was spent on developing data systems, as well as creating and refining forecasting systems.
He joined forces with Econometrix in 1983, becoming a Director in 1986. Although best known for his work in the multi-faceted Motor Industry, he also contributed to the development, either in whole or in part, of many of the forecasting models which Econometrix has developed.