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South Africa's ANC debates economic policy

Leaders of South Africa's governing African National Congress are fiercely debating how Africa's largest economy can create jobs, attract foreign investment and stave off social unrest amid worldwide recession.

They're also competing for influence at a party conference that opens Tuesday.

Over the next few days, populists and fiscal conservatives are meeting to wrestle over the ANC's policies in a cavernous conference center midway between Johannesburg, South Africa's economic hub, and Pretoria, the seat of its government. The ANC will then meet six months later in the country's heartland, the southern Free State province, to elect the party leaders who will take the ANC into 2014 national elections.

No other South African party comes close to challenging the ANC, so its decisions determine who will lead the country, and how.