OTE2601
ASSIGNMENT 1 ,2024
Lumadi, Mutendwahothe
, OTE2601
Assignment 1
QUESTION 1
In 2020, the world was devastated and ravaged by the unprecedented Corona Virus
(Covid-19) pandemic. Most businesses closed-down; which resulted in serious loss
of jobs to certain employees whilst some business put employees on contract or
retrenched them.
While conducting an oversight visit in Port Elizabeth on Thursday, honourable
President Cyril Matamela Ramaphosa; noted that while the lockdown had managed
to flatten the virus’ curve, the focus, going forward, needed to be on restarting the
economy which had suffered greatly under the Disaster Management Act’s restrictive
regulations. President Ramaphosa’s engagement with NEDLAC on Friday signified
the start of a gradual easing process which was expected to culminate in a district-
based move to Level 3 lockdown before the end of May. Health Minister Zweli Mkhize
had, however, warned that regions which were unable to prove their medical
readiness amid burgeoning caseloads would likely remain exempt from lower-level
reprieves.
Prior to that; the rate of unemployment was sky rocketing in South Africa. Study the
figure below.
1.1. In your opinion, what would you consider to be the results of unemployment
in any country (15)
1.2 Causes of unemployment (15)
1.3 Solutions to unemployment (15)
ASSIGNMENT 1 ,2024
Lumadi, Mutendwahothe
, OTE2601
Assignment 1
QUESTION 1
In 2020, the world was devastated and ravaged by the unprecedented Corona Virus
(Covid-19) pandemic. Most businesses closed-down; which resulted in serious loss
of jobs to certain employees whilst some business put employees on contract or
retrenched them.
While conducting an oversight visit in Port Elizabeth on Thursday, honourable
President Cyril Matamela Ramaphosa; noted that while the lockdown had managed
to flatten the virus’ curve, the focus, going forward, needed to be on restarting the
economy which had suffered greatly under the Disaster Management Act’s restrictive
regulations. President Ramaphosa’s engagement with NEDLAC on Friday signified
the start of a gradual easing process which was expected to culminate in a district-
based move to Level 3 lockdown before the end of May. Health Minister Zweli Mkhize
had, however, warned that regions which were unable to prove their medical
readiness amid burgeoning caseloads would likely remain exempt from lower-level
reprieves.
Prior to that; the rate of unemployment was sky rocketing in South Africa. Study the
figure below.
1.1. In your opinion, what would you consider to be the results of unemployment
in any country (15)
1.2 Causes of unemployment (15)
1.3 Solutions to unemployment (15)
