Chief Economist

Michael Ade joined SEIFSA on 1 August 2017 as Chief Economist. He holds a B.Com from the University of Buea in Cameroon, a B.Com Honours in General and Financial Economics and an M.Com in Economic Development and Policy Issues from the University of Johannesburg, as well as a Ph.D in Public Economics (Taxation) and International Economics from the University of the Witwatersrand. He also holds certificates in International Trade and Commodity Finance, Export Management and Econometric Analysis of Panel Data.

Prior to joining SEIFSA, Dr Ade worked for the South African Revenue Service as Director: Capacity Development, Programmes and Research. He has previously worked as Chief Economist at Productivity South Africa, Transactional and Technical Manager at ABSA Bank and Group Accountant at Afrikings, the marketing wing of Vodacom.



Marique Kruger joined SEIFSA in July 2017 as an Economist within the Federation’s Economics and Commercial Division. She holds a Master degree in Economics from the University of Johannesburg, with field of study / area of specialization in Development Economics.

Part of her role at SEIFSA entails facilitating the Theory and Calculation of Contract Price Adjustment workshop, advising clients both on the buying and supplying side of contracts on matters relating to contract price adjustment, as well as helping them to structure their Contract Price Adjustment clauses, using the SEIFSA Price and Index Pages (PIPS). Prior to joining SEIFSA, Ms Kruger worked at Statistics South Africa and ETSA as a Junior Economist.


Economics and Commercial Statistics Clerk

Eleen Snyman joined SEIFSA in March 2013 as an Economics and Commercial Statistics Clerk within the Federation’s Economic and Commercial Division. Eleen has more than 15 years’ experience in imports and economic related matters. She assists in the daily compilation of the SEIFSA Price & Index Pages (PIPS) for the broader domestic economic industry.

Eleen is very passionate about her job. She continuously assists members and interested stakeholders with Contract Price Adjustments (CPA) queries and provides expert advice within the realm of her competence. She possesses commendable and exceptional customer service attributes and is increasingly gaining an understanding of intricate macro-economic dynamics, enabling her to effectively add value to the industry.