Your financial wellbeing for the next decade is being determined this weekend. Delegates to the ANC policy conference are making decisions on the economic policy direction of the country until at least 2019 and, even if it is voted out of power in two years, the consequences of what is decided now will be with us for years to come. The biggest problem is that the arguments over policy this weekend are less about what is in our best interests as citizens and more about who is going to lead the party, and possibly the country, after the elective conference in December. With divisions seldom more apparent in the ANC, its policy conference is a proxy for the coming, probably bruising, leadership battle between the free-market approach espoused by Deputy President Cyril Ramaphosa and the rhetoric-rich populism presented by Nkosazana Dlamini-Zuma. The former is suggesting that although change for the vast majority of South Africans after 1994 has been glacial, improvements to basic living...

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