How serious is the fourth wave

Ever a new variant B.1.1.529 with 34 mutants was discovered, there has been widespread speculation and fear about the new variant. It's been discovered about ten days ago. There have been ten cases but there was no clinical signs to determine how serious this virus is. It could be a mild variant that could be dealt with by people with natural immunity. It could pose a problem for the vaccinated that have not been previously vaccinated because as the evidence shows, the vaccine suppresses the body's innate immunity against new strains.
In the absence of any serious clinical presentations, it is difficult to talk about its virulence and transmissibility.

The UK acted too swiftly to red zone South Africa, Botswana and Lesotho.
The government should be cautious about introducing another strict lockdown, because the economy cannot take another knock. The hospitality industry has taken a major knock. Lockdowns are proving to be futile and not as effective as other preventative measures like vitamins and immune boosters