ASSIGNMENT 1 SEMESTER 1 2025
UNIQUE NO. 746690
DUE DATE: 19 MARCH 2025
, ENG1512
Assignment 1 Semester 1 2025
Unique Number: 746690
Due Date: 19 March 2025
English for Economic and Management Science
Question 1
1.1 Newspaper Article & Vocabulary Usage
Article: (Example from a financial news source, paraphrased for assignment use)
"The South African Reserve Bank has announced a strategic launch of its new
monetary policy framework to address inflation and promote economic stability.
Entrepreneurs are encouraged to venture into small-scale businesses as government
incentives increase. Foreign investment has surged due to improved business
conditions. The Minister of Finance emphasized that economic innovation is key to
long-term growth. To provide proof of economic progress, the latest GDP figures were
released. Several banks have tightened their overdraft policies due to rising debt
levels. A recent testimony from financial analysts suggests that markets will stabilize
soon. Meanwhile, industry peers are urging collaboration to improve market conditions.
The government has promised to redress issues related to financial inequality. Finally,
digital merchants have seen an increase in online transactions amid changing
consumer behavior."
New Words Identified:
Launch (verb)
Venture (verb)
Investment (noun)