'Economic crisis can't wait for December' - Mantashe on policy conference

2017-06-29 18:22
ANC secretary general Gwede Mantashe. (Deon Raath, Gallo Images, City Press)

ANC secretary general Gwede Mantashe. (Deon Raath, Gallo Images, City Press)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Video

WATCH: ANC briefs media ahead of national policy conference

2017-06-29 12:04

African National Congress (ANC) Secretary General Gwede Mantashe addressed the media on Thursday about their readiness, ahead of the ruling party's six-day National Policy Conference at Nasrec in Johannesburg. Watch the live stream above. WATCH

Johannesburg - The country's current economic crisis will take centre stage at the ANC's upcoming national policy conference so that swift action can be taken to mitigate the damage, African National Congress secretary general Gwede Mantashe said on Thursday.

Speaking to reporters on the eve of the six day conference, Mantashe said the party's subcommittee on economic transformation would discuss this throughout the conference.

"[The subcommittee] deals with these issues and it will deal with these issues for six days, because they are serious. We need to come out of here with more clarity," Mantashe said.

The policy conference does not have constitutional powers to change policy, but proposals will be taken to the December elective conference for adoption.

But despite this, Mantashe said the policy conference would implement immediate action where necessary.

"Yes, the policy changes go to the national conference, but there will be issues that we must action on immediately to deal with. An economic crisis can't wait for December.

"We must debate [and] come up with issues that we should do almost immediately to deal with that," he said.

AS IT HAPPENED: ANC 'created space for stalwarts and veterans to attend' NPC

Gloomy news

South Africa is in a technical recession, its unemployment rate is at a 14-year high, it has suffered junk status downgrades by three ratings agencies and, on top of that, it faces potential interest rate and electricity price hikes.

This spell of gloomy news also follows growing tension between government and business after respected former finance minister Pravin Gordhan was given his marching orders by President Jacob Zuma.

A heated debate is expected at the conference, with the party's factions arguing over the definition of radical economic transformation.

The conference will also dedicate two days to assess the "health" of the party after being rocked by several scandals, declining electoral support, and calls for Zuma to go.

Following a number of court cases, marches by members of the public, as well as the recent release of emails linking Zuma and other government officials to the controversial Gupta family, Mantashe said the issue of state capture would be discussed "candidly".

"State capture will be part of discussing the diagnosis of the ANC," he said.

"Any diagnosis that does not talk to that issue today will be less than candid. We don't go into diagnosis into ourselves that is trying to present a good story to tell because that is not a diagnosis, it is a report back.

"So it will be discussed in details."

The conference will begin on Friday at 09:00, with an opening address by Zuma.

Read more on:    anc  |  gwede ­mantashe  |  johannesburg  |  ancpolicy17  |  ancpolicy  |  politics

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.
NEXT ON NEWS24X

Inside News24

 
Watch: Investing in the future through child development

An investment of R32-million into 11 early childhood development centres is changing the future for children in the Northern Cape.

Partner Content
What all investors should know about index investing

Index-linked investments are growing fast in popularity globally, and are growing in size and complexity too.

/World
 

For the love of Corgis!

WATCH: 35 Corgi's to make your day! If they’re good enough for the Queen of England they’re good enough for us.

 
 

Paws

Can we communicate with our pets?
8 great natural remedies for your pet
Buying a puppy? Don’t get scammed!
WATCH: These funny animal videos will make you LOL!
Traffic Alerts
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.