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tv   Business - News  Deutsche Welle  March 1, 2019 5:45pm-6:00pm CET

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hello and welcome to do business africa jones in berlin good to have you with us diamond rich botswana has offered to lend to neighboring same bob where ninety five million dollars in private sector loans to help ease the country's economic crisis and the united nations central emergency response fund has announced it will allocate ten million u.s. dollars for humanitarian assistance as millions of people in zimbabwe are on the brink of starvation the once prosperous southern african country is struggling with a currency crisis massive unemployment and drought. the situation in zimbabwe grows increasingly desperate each day the government has already been knocking on the neighbors' doors begging bowl in hand and even further afield but the country is regarded as too high risk as a borrower that's no consolation for ordinary citizens who are struggling to make ends meet amid rising prices and falling household incomes in and.
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i don't work but my husband has a business selling bananas that he scavenge and. so now i can't get enough money for my child to go to school because we have to pay rent and buy food so. all across the country there are acute shortages of essential medicines and more than five million people close to a third of the population face rising food shortages. we met people who are trying to sustain a vending business selling fruit and vegetables on the side of the street and you can make a bit of money to that but there's too many people here who don't have the wherewithal to do that and to resorting to packing or to coping strategies that are very worrying particularly in respect to women and very very young girls he announced immediate aid from the un worth ten million dollars he also launched an urgent
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appeal for two hundred thirty four million dollars to provide food health care water sanitation hygiene and protection support for two million people over the next six months but it's a drop in the bucket and office zimbabwe's people only a temporary reprieve. my colleague joins me in the studio now when we heard in that report of course that the u.n. money that can be raised well is only a temporary reprieve bob way what is the government there trying to do to ease the pain well the government is trying to come up with its own solutions for first of all establish a currency one of the major problems is that zimbabwe doesn't have a national currency that has been the case since two thousand and nine and twenty sixteen they introduced the notes which were on par with the u.s. dollar. but that didn't work of course because of the black market they were being
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traded for less than they were officially. valued and that's what kind of the government admitted last week with a new quad by car and see if not really a real currency but people are expected to trade with this was a currency the problem is that people have been haven't been using it and have been different prices for products and businesses have been turning down the currency and it appears that that seems not to be working as well with the new currencies so because of course they have an official value which is less than the old one which means anyone who had savings in that old currency now has even less money because if you listen even to the situation even worse but it's it's a bad situation that seems to be only getting worse and how these these these announcements of supports an eight how will that fit in with the government's latest efforts will it make a difference it is hard to say that that would make a difference of course i mean some of the people who are in the report like we saw
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is a woman who has been has just been trying to find things to help you know raise money these are not local businesses that actually hire people business that actually closed and this money is not meant for businesses so that is an issue of course because of course this u.n. money is meant to feed people for a limited period of time you buy food you feed people but there's. no money to keep them going so that's a problem it's a reprieve but it's not a permanent solution now so much is at stake and it's quite heartbreaking to actually see the situation what could be the next efforts to actually make a difference well the efforts the government can make at this point is of course the currency one is one not working of course the other effort is to raise money and we've seen a neighboring country kind of step in a very small country by the way which has quite a bit of money but it's no by no means the size of say germany or you know the u.s.
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in terms of economic importance and that's only for the private sector so that's a lot of money zimbabwe needs about one point four five billion dollars to feed its people ok the money that's been raised is not even potentially a quarter of that so it's very little so there is there's still a lot of homework to do also for aid organizations to ponder thank you so much for joining in the studio. while another headache though somewhat to swallow of course twenty eight days from now britain is due to leave the european union the terms of brics it still unclear and that is why authorities in london are now scrambling to gauge the impact of a no deal breaks it on the country's booming tourism sector and they're also lobbying for special measures to allow e.u. residents into the country as tourists with as little inconvenience as possible. breck's it costs a dark shadow over london's world famous sites like st paul's cathedral and tower bridge two thirds of visitors to britain come from european union countries and the
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numbers are still rising but millions of tourists could make different vacation plans to britain leave the e.u. at the end of next month without striking a deal to world travel and tourism council says three hundred thousand tourism jobs are in jeopardy in the u.k. post rex it. is not the people in europe who feel similar than me so if they would need to be there for you. to. come to great britain they were just different this nation. industry insiders say tourists planning trips to london have no idea what they could be in for it takes up a lot of our mind of course it should but actually the further away you get from london the less people think about people in bangalore thinking about bricks when they think. to lessen the blow to british tourist office wants to improve visa services for foreign visitors and secure guarantee that you holiday makers don't need a visa after breakfast by keeping it easy to get in they hope visitors won't call
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time on visiting london. as it never can break through in an ongoing saga involving the liberian central back today child sirleaf the son of liberia's former president ellen johnson sirleaf has been arrested a case in both the illegal printing off more than one hundred four million u.s. dollars worth of local currency at a time where mr sirleaf was the bank's deputy governor. and now to some other business stories making the news around the world. dutch prosecutors are preparing criminal charges against oil company royal dutch shell over the one point three billion dollars acquisition of a nigerian offshore oil field the company's alleged to have made illegal payments to nigerian politicians and officials to make the purchase in two thousand and eleven. the french and dutch finance ministers have met in paris to clear the air after a surprise change an air france k.
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limbs shareholder structure the dutch government increased its stake in the carrier without informing france the netherlands now has a fourteen percent stake in the company in line with from its. online retailer amazon has done away with its dash order button that allows you to order in the new supplies of your favorite products the online retailer wants to focus on related to digital services these and that includes virtual dash buttons that you can find on the amazon website. ten years ago cashew nuts that's really unknown in burke enough aso a few trees grew wild and children ate of the juicy fruit but threw the nuts away but that has changed following the success of a few exports us any wealth from the valuable and high priced nuts local demand is rising to the state now wants to expand the cultivation of cashews creating an opportunity for local produces the processing industry. last preparations in
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so tree have bay and beyond for a at the end of february the cashing that's right been in western kenya fassel then the processing start washing them breaking them open sorting and packing for five months twenty four hours a day thirty kilometers away into siana the coup de body family collects the first cashews only phone fruits are ripe the harvest will probably fall short kilos of cashews from an area of one hector of cash and trees but in guyana or ivory coast farmers harbors more than eight hundred kilos perfecter if we want to achieve this we have to switch to other varieties don't. you for hector's three months of harvest time the rest of the year the family has no work they also throw away a majority of the entire cash to the juicy fruit when i visit. if there was
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a juice factory we could make a lot more money women in particular are unemployed here with after the harvest there's nothing left for us women to do. but. look unfair during that time the family has no income most of the harvest goes abroad unprocessed producers and processing industries have been jointly developing the sector in the country for seven years with the national successes demand in book you know fast it was rising slowly but steadily from zero point three percent to five percent. most of the nuts sold in the country come from this factory in bonn for a. ninety percent of our production goes abroad these are the white unprocessed kernels but we also roast nuts for the local market we're now number one in this field. but the cashew factory has not yet
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made any profit almost four hundred seasonal workers have to be paid factory direct to me not to connie is often unable to buy enough nuts to fully utilize the capacity of her machines the bookie nobby government is promoting the sector and intends to expand the area under cultivation to two hundred thousand hectors in the next few years in an effort to firmly establish broken up the notes on the important export markets in asia. this is d w thanks for watching. the for.
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the becoming. the eco. tourism bureau it's most fascinating at its most exciting to a creative coalition clamorous truly.
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innovative brilliant charming. to the filesystem. the books on. the players. to. the cohen. you know. the money the competition is the most important natural resource. betting checking. how long will they be able to play. along with. the jews political investigation starting march eighteenth g.w. . this
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is the day of the news coming to you live from berlin pakistan feels the capture of the indian tom disappointing it's a chance to show off please wink along i mean i'm going about someone that walked across the border into india just a short while ago lost to me a hero's welcome awaits him. also coming up a day long battle with men.

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