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04 June 2019 | Story Valentino Ndaba | Photo Charl Devenish
Prof Cathryn Tonne
Air pollution not only costs lives, it costs money too. Pictured is Prof Cathryn Tonne presenting a guest lecture on air pollution at the Bloemfontein Campus.

Health effects associated with ambient air pollution (AAP) have been well documented. Subsequently, the relationship between pollution and financial outcomes have also become a focus for case studies globally. An Environmental Research journal article revealed that “low and middle-income countries are disproportionately affected by the global burden of adverse health effects caused by AAP”. 

A high price to pay

In 2012, high concentrations of air pollution caused 7.4% of all deaths, costing South Africa up to 6% of its Gross Domestic Product. According to the recent International Growth Centre study conducted by senior University of Cape Town researchers, this is a direct consequence of the country’s heavy dependence of fossil fuels, a source of health-damaging air pollution and greenhouse pollutants.

Stunted human and economic growth

These South African statistics are attested to by Prof Cathryn Tonne who recently presented a guest lecture on air pollution which was hosted by the University of the Free State (UFS) Business School.

“Air pollution can affect economic development through several pathways, and health is an important one. Air pollution is linked to shorter life expectancy, chronic disease, asthma exacerbation and many other health outcomes that result in absenteeism from work and school. These have large direct costs to the health system.” 

Prof Tonne says that air pollution exposure in children is linked to reduced cognitive development, with important impacts on human capital. As a result, children are not reaching their full potential in terms of neurodevelopment, which has an effect on their income prospects and the economy as a whole. 

Resolving a looming disaster

Technology may be employed to radically clean the air. Cities need to lead in the reduction of air pollution by promoting renewable energy, using active transport such as walking or cycling, and investing in infrastructure to make this safe and attractive. 

With researchers playing a major role in strengthening the case for aggressive air pollution control, the government needs to implement policies in order to control sources of air pollution. This global health and economic issue also requires individuals and communities to play their part to improve air quality.

News Archive

UFS presents Trust and Estate Planning Seminar
2010-10-04

At the seminar were, from the left: Mr James Faber, Centre for Planning Law; Mr Marius Botha, independent trainer in Financial Planning; Willie van der Westhuizen, Trust and Estate specialist, Millers Attorneys; Mr Louis van Vuren from B.O.E.; Ms Shirly Hyland, Centre for Financial Planning Law; Mr Kenneth Mould, Centre for Estate Planning Law; and Dr Bradley Smith, Department of Private Law.
 
The Centre for Estate Planning Law, in collaboration with the Centre for Financial Planning Law at the University of the Free State (UFS), recently presented their second Trust and Estate Planning Seminar.

This seminar was presented with the aim to convey new developments in the area of the law of succession, trust law and estate law in a practical manner to the public, as well as do research about relevant aspects of these disciplines. Prof. Willie van der Westhuizen, Trust and Estate specialist from Millers Attorneys was a speaker at the event and he discussed the topic, “Are trusts still useful and can it work for the advisor?”

Mr Marius Botha, independent trainer in Financial Planning, did a presentation on “The effect of abolishment of estate duty on financial planning needs”. Mr Louis van Vuren from BoE, main sponsor of the seminar, ended the afternoon with the topic “A gentle reminder of the general pitfalls in estate planning, will-drafting, estate and trust administration”.

Planning for next year’s Trust and Estate Law Colloquium, as well as has Prof. Willie van der Westhuizen’s annual Trust Law Seminar, has already started.

The seminar was attended by 90 financial planners and practising attorneys.

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