Our Values

“We believe in the potential of South Africa, and believe that research can assist unlock this potential“

We strive to provide new and unique solutions within the field of economic development.

Collaboration & Inclusion
We believe in the power of collective knowledge and in the value of diversity.

We strive to behave ethically, with intention at all times. We believe in a transparent, inclusive and objective approach to research.

We pride ourselves on holistic economic solutions that do not compete with people and the environment.

Our clients, our team and our community are at the heart of what we do. We understand that data is only one part of what is, essentially, a human story.

What drives us is our genuine desire to assist our clients reach informed decisions that are sustainable and implementable.


We provide analyses that are data-driven and realistic, and solutions that are both practically implementable and sustainable. We are a young company with a fresh perspective that is centred on people and the environment. Our method is collaborative, transparent and objective. We understand the unique challenges synonymous with the present economic paradigm and strive to present solutions which can withstand such challenges. Our approach results in better analysis and more accurate recommendations to inform the development of a connected, inclusive and sustainable society.

Want to find out more? Read our story

What Makes Us Unique

  • We offer an inter-disciplinary skillset, merging creativity with data to reach authentic economic solutions.
  • We have a multi-faceted approach to research, drawing on current and emerging methodologies and technologies to generate relevant research products.
  • We draw on a team of small businesses, each bringing their own set of experience and expertise.
  • Our adaptable, efficient company structure means that we are able to respond quickly to our changing environment and our client’s needs.
  • We are tech savvy, socialised & forward thinking.
  • We are able to draw on 18 years of combined experience in the field of economic research.

Our Latest Articles

August 8, 2019

As economists, we are acutely aware of the economic benefits that arise from local manufacturing, which is one of the reasons Lumec employees share a passion for supporting locally produced goods and services. Earlier this year we noticed something surprising – not a single can of tuna on Spar’s shelves contained tuna sourced in South Africa. Every brand of tuna stated that its tuna was sourced from Thailand. 

July 5, 2019

The creative economy “refers to economic systems in which value is derived from creative and imaginative qualities instead of traditional sources such as capital, land or labour”.

June 11, 2019

In March 2019, eThekwini Municipality’s executive committee approved the establishment of the Glenwood Urban Improvement Precinct (UIP), which is expected to become fully operational in August 2019.