ANC CONFERENCE
CAROL PATON: Tough times ahead as ANC policies will slow the economy
With hardly a week to go before the ANC begins its policy conference, it is becoming clearer that the two most difficult years since 1994 lie ahead of us. The conference will be about two things: President Jacob Zuma’s successor and the meaning and content of radical economic transformation. The succession issue is a familiar one. While the conference is supposed to be about policy, it is also the proxy battleground for choosing a new leader. Policy positions are proxies for leadership battles. We can expect policies on land and on the Reserve Bank, in particular, to be markers of support for Nkosazana Dlamini-Zuma and Cyril Ramaphosa. Over the past couple of months, a superficial consensus has developed among ANC leaders on the phrase "radical economic transformation". Everyone agrees that it is ANC policy.There is no doubt that a resolution will emerge stating that it must be accelerated. The debate will be over the component parts. In the past, ANC resolutions on the economy have...
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