Delegates to the ANC policy conference have endorsed President Cyril Ramaphosa's economic policy direction. But they want assurances that the ANC will not diminish the role of the state in the economy. | politicsblahbla Fin24
President Cyril Ramaphosa emerged from the ANC's policy conference on Sunday with his economic policy direction intact, and challenges for a more radical approach largely contained.
In return, his government has undertaken not to abandon a developmental role for the state in the economy, particularly in the energy sector. Among the hot-button economic issues were energy policy, the ownership and mandate of the SA Reserve Bank, and the future of state-owned enterprises. But while no radical changes were endorsed, the mobilisation around a radical programme indicates that Ramaphosa does not have a completely free hand in policy making and that management of expectations in the ANC remains critical. Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month.
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