Johannesburg - Business Unity South Africa on Friday welcomed policy decisions taken at the ANC's Mangaung conference as positive for the economy and the country as a whole.
"Busa... found the overall message from the conference as positive and confidence-building for the country in general," it said in a statement.
"Additionally, key economic decisions which were adopted will now hopefully boost investor confidence and spur economic growth."
The business umbrella body singled out the ruling party's decisions to reject nationalisation and its endorsement of the National Development Plan.
However, it said, for the plan to have a significant impact, true collaboration between government, business and labour was necessary.
It said business remained committed to working with government to address the challenges of unemployment, education and corruption.
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