1.12 Read the following extract and answer the question that follows. Women's empowerment movement eyes 40% of government spending accreditation .Last year the South African government affirmed its support for women-owned businesses as part of its commitment to ensuring that gender equality in Africa's most advanced economy was achieved. President Cyril Ramaphosa said then: "We are going to drive women's economic inclusion through public procurement. We have set the target of ensuring that 40% of goods and services procured by public entities are procured from women-owned business." Source: https://www.news24.com/citypress/news/womens-empowerment-movement-eyes-40-of-qovernment- spending-20210819 Accessed: 23/08/21 The above decision by the South African government is an example of... a) Market participation. b) Government spending. c) Commercialisation. d) Nationalisation.

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1.12 Read the following extract and answer the question that follows.
Women's empowerment movement eyes 40% of government spending accreditation
..Last year the South African government affirmed its support for women-owned businesses as part of its
commitment to ensuring that gender equality in Africa's most advanced economy was achieved.
President Cyril Ramaphosa said then: “We are going to drive women's economic inclusion through public
procurement. We have set the target of ensuring that 40% of goods and services procured by public entities are
procured from women-owned business."
Source: https://www.news24.com/citypress/news/womens-empowerment-movement-eyes-40-of-government-
spending-20210819
Accessed: 23/08/21
The above decision by the South African government is an example of...
a) Market participation.
b) Government spending.
c) Commercialisation.
d) Nationalisation.
1.13 Read the following extract and answer the question that follows.
Yes, SANParks can refuse to take your cash, says the Reserve Bank
At the start of September, South African National Parks (SANParks) will stop accepting cash payments at the
entrances, and inside, some of its parks, a policy to be implemented across every national park during 2023.
And that is quite alright, says the SA Reserve Bank, as custodian of the rules intended to manage the currency.
SanParks announced its roadmap for going cash free – both for the convenience of visitors and for reasons of
safety – on Wednesday.
Source: https://www.businessinsider.co.za/sanparks-is-legally-allowed-to-refuse-cash-reserve-bank-says-2021-8
Accessed: 23/08/21
Transcribed Image Text:1.12 Read the following extract and answer the question that follows. Women's empowerment movement eyes 40% of government spending accreditation ..Last year the South African government affirmed its support for women-owned businesses as part of its commitment to ensuring that gender equality in Africa's most advanced economy was achieved. President Cyril Ramaphosa said then: “We are going to drive women's economic inclusion through public procurement. We have set the target of ensuring that 40% of goods and services procured by public entities are procured from women-owned business." Source: https://www.news24.com/citypress/news/womens-empowerment-movement-eyes-40-of-government- spending-20210819 Accessed: 23/08/21 The above decision by the South African government is an example of... a) Market participation. b) Government spending. c) Commercialisation. d) Nationalisation. 1.13 Read the following extract and answer the question that follows. Yes, SANParks can refuse to take your cash, says the Reserve Bank At the start of September, South African National Parks (SANParks) will stop accepting cash payments at the entrances, and inside, some of its parks, a policy to be implemented across every national park during 2023. And that is quite alright, says the SA Reserve Bank, as custodian of the rules intended to manage the currency. SanParks announced its roadmap for going cash free – both for the convenience of visitors and for reasons of safety – on Wednesday. Source: https://www.businessinsider.co.za/sanparks-is-legally-allowed-to-refuse-cash-reserve-bank-says-2021-8 Accessed: 23/08/21
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