Johannesburg — Business Unity South Africa on Monday said the African National Congress' 53rd National Elective Conference must provide the country with "political leadership and policy certainty."
By doing so, the ANC can provide South Africa with hope and investor confidence, Busa said.
The conference, to be held in Mangaug on December 16-20, will elect the party's top six leaders.
"As Busa sees the forthcoming ANC Elective Conference in Mangaung as a crucial one for South Africa from the point of view of political leadership and policy certainty, it hopes that the overall message from the conference will be positive and confidence building for the country in general -- and business in particular," Busa Special Policy Advisor Raymond Parsons said.
The elected leaders will be mandated to run the party for the next five year. Elected party president and deputy president will automatically take the posts of the country's president and deputy president if the ANC wins the next general election in 2014.
Parsons said a combination of global and domestic factors have joint to produce a situation which have had a "strong negative" effect on South Africa's economic performance, growth and job creation and "which need to be also addressed at a political level."
"In order to help meet South Africa's pressing socio-economic challenges, the Mangaung conference needs to take in key decisions that will boost investor confidence needed to underpin higher growth and employment."
Busa said while the global crisis remains unresolved, South Africa has seen significant domestic developments that have impacted on the economic outlook and confidence.
"These domestic developments -- if not taken into account in a comprehensive and constructive manner at the ANC conference -- have the potential to undermine the progress made to date whereby South Africa has been able to withstand the worst contagion effects of the global crisis.
"It is essential that a much greater sense of purpose and direction emerges from the ANC elective conference to help improve the economic outlook," Parsons said.