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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

Largest group of financial planners ever to graduate from UFS
2013-06-14

Stuart James Milroy and Gerda Grobler
Photo: Stephen Collett
14 June 2013

During this year’s graduation, the Centre for Financial Planning Law (CFPL) conferred the most diplomas ever for this sector at a graduation ceremony. Five hundred and ninety four students received diplomas (543 postgraduate diplomas in Financial Planning and 51 advanced postgraduate diplomas in Financial Planning).

Top student for the postgraduate diploma in Financial Planning, was Gerda Grobler. For the advanced postgraduate diploma in Financial Planning, Stuart James Milroy received the honour as top achiever. Other top achievers for modules in the advanced postgraduate diploma were L Phillips, RC Claassen, SJ Milroy and L Wilkinson. G Grobler, TT Baxter, KR Smit and E du Rand were the top achievers for modules in the postgraduate diploma in Financial Planning.

For five years, the University of the Free State was the only institution that offered a full qualification to become a certified financial planner. The university is still the largest institution in this field. The Centre for Financial Planning Law (CFPL) at the UFS is also the only institution in South Africa offering the advanced postgraduate diploma in Financial Planning as a purely specialist diploma.

To date, the CFPL at the UFS has awarded 4 200 postgraduate diplomas and 710 advanced postgraduate diplomas in Financial Planning.

Donors who made this event possible, include:

  • Alexander Forbes
  • Old Mutual
  • Liberty
  • Acsis
  • Momentum
  • LexisNexis
  • Galileo Capital
  • PSG
  • ABSA Bank

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