Delegates came together in Johannesburg today to start the summit regarding South Africa’s economic policies.ANC party President Jacob Zuma was in attendance and his secretary general Gwede Mantashe said there were priorities that would be discussed.Some of which were land reform,rural development,job creation,health sector improvement,education and the criminal justice system.

The Governments economic policies have come under fire before by COSATU and other opposition parties in the past and most would welcome some kind of reform.

The decisions made at the summit will be included in the ANC’s election Manifesto and are being developed for the new government.Investors will specifically be interested in the policies regarding land reform and rural development.While many are still expecting a revision of the Expropriation Bill to be brought forward in the coming months.This is still a controversial subject with some farm owners being very satisfied with the deals struck with the government and others feeling their constitutional rights were being violated.

It sounds like big changes might be coming and there is speculation about changes in the involvement of the Reserve Bank and The National Treasury.We will have to wait and see what is decided at the summit and we can hope for many positive changes.