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tv   Business - News  Deutsche Welle  March 4, 2019 5:45pm-6:01pm CET

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this is business africa. has welcomed economic opportunity increases access to energy that's an equation so self-evident that here in europe we take it for granted places like kenya most people have no access to electricity especial in rural areas only a third of the population in kenya is connected to the grid but that percentage has been rising fast thanks to the last mile connectivity project four years ago it started to supply schools in the countryside with electricity then homes are now businesses and farms of following loosing runs a small shop she used to have a solar panel on the roof but the yield was not great. once she was connected to the grid she could expand her business. electricity and so efficient. that.
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she added new services business has really taken over sales are up to twenty four and she has a staff of six losing the sun was lucky she was one of the first customers to be connected to the power grid and at no charge. the aim is universal access by twenty twenty two and a full seventy percent of the electricity generated in kenya is green from wind hydro power and you'll tumble one hundred percent is a realistic goal. not country x. but for a new energy he sees great potential in independent local passes many people can't afford to connect to the national read most of these customers they've added cannot pay the connection fees the monthly fees and the consumption fees it's a burden on these consumers however very small scale solar systems are increasingly cost effective in kenya there's probably more than a million solar systems out there but for some. is it enough.
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wouldn't be able to operate how will the. rainy season there's just not enough time but thanks to the national poll agreed she now has a community around. let's bring in our correspondent order in barrow joins me now from my robey joy how many kenyans have been connected since this project was implemented and how the rural and urban connectivity ratios compare writes a lot about four point nine three million kenyans something connected since it was rolled out and therefore we had about two point two million so that makes brings the total to about roughly seven million kenyans more guns which is actually a huge difference without the project i don't think this would have been achieved and if you compare that to the rule i've been connectivity seventy percent of these new connections have happened in kenya is that this is an expensive program.
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well you can look at it in two different ways there considering you know that you know quality got some kenyans who think it's not affordable but it is affordable for kenyans who would like to connect to it for business purposes one would actually spend about a hundred you know that is still on connection to get electricity into the household and what business is it would be the same thing between one hundred fifty dollars and three hundred fifty dollars one would be able to get connection tricity in kenya. during new bills come into play there should think that solar complain important role briefly if you. indeed solar and other renewable energy solutions do play a huge role because of racine today's that one million kenyans are connected to solar energy and we also have zero subtle that he's not being connected to the
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national greed and of the solar system like we are and i am us as well as. you know the other renewable energy sources so a lot of kinds of benefits in from this but it is much more difficult chains who are bleakly all green because the infrastructure needs to be laid and there's a lot of land conversations that need to be done but otherwise renewable energies playing in huge role in connecting canyons to. georgia and there are from our o.b. thank you. zimbabwe has borrowed nearly one billion dollars from african banks to buy fuel and other critical imports this is just the latest effort a cash strapped country has undertaken to bring some stability to its ailing economy recently replaced its previous currency with a devalued new one that slashed the savings all of them bob wins by more than fifty percent the loans will help the country to get more needed the much needed imports but that may do little to help about when government get its chaotic house in order
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its budget deficit is now above three billion billion dollars. now to some other stories making news around the world chief financial officer of y.y. a man one joe is suing counted up over her arrest back in december that could delay her extradition to the united states where she's facing charges of violating sanctions against iran has heightened existing economic tension between washington and beijing. greece is back on the bond market after nearly a decade in the last ten years greek bonds were issued in twenty ten during the country's financial crisis the bonds which will be distributed later this week are expected to raise around three billion euros. british prime minister terrorism has unveiled a regional development fund worth one point six billion pounds it's called the stronger towns fund and focuses on job creation and training particularly in
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northern england the area that backed the briggs's referendum referendum with the strong majority opposition m.p.'s have dismissed the fund as a desperate bribe to gain support for briggs a deal has made plans to present a final break as it takes for a parliamentary vote by march twelfth. and one of the biggest sticking point in the divorce deal with the european union is the border between northern ireland and the republic with no prospect yet of a resolution that will gain support of a majority of lawmakers some brits have been going to great lengths to prepare for all eventually seize these kits contain everything seed merchant paolo rigo says is needed to weather britain's departure from the e.u. well if brics it happens there are some very quick very fast growing varieties like cussing come again let us if you were to say that in say. three weeks later
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for the london based company fears over a disorderly practice it could provide a temporary boost to business after all seeds tend to sell especially well in times of crisis elsewhere the outlook is far from rosy in february job losses in the u.k.'s manufacturing sector here's a six year high and standard stock exchange last week announced it was causing two hundred fifty jobs to prepare for the potential for leisure breakfasts with so much uncertainty if not all was easy to just keep calm and carry on melbourne burton has been stockpiling canned food since the referendum in twenty sixteen but the drawn out process of britain leaving the e.u. means he can't always keep up with the expiration dates. he misses the pre praxair days i want to go back to normal life i mean this is a pain the neck read normal life was i would come home on a friday have a look see what's on save a order of you know an indian takeaway and then settle down even if britain imports
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almost a third of its food from the e.u. and now than for one wants to ensure he won't go hungry in the case of a messy praxis. in south africa's major centers businesses and households are increasingly feeling the effects of rampant metal theft thieves scavenge for any metal that will be bought by unscrupulous dealers this has been rolling blackouts damage to key infrastructure and severe transport delays weighing heavily on the economy struggling to emerge from last year's recession. an average morning for this group of scrap metal thieves in inner city johannesburg scavenging for anything of value that will end them up to three euros a kilogram wherever that's going to give us money to give it being that's going to give us money. there's a. day india read. in your windows
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scrap metal theft is engulfing south africa's major urban centers leaving city residents and business owners under siege the door was already broken in and we got here and what had happened they'd stolen all the the copper piping and they'd broken off the copper piping with the water still running so the run the water was running down the street there was a spate of these these everybody's in the street they went into all the shops after hours and as all the copper piping johannesburg authorities regularly raid scrap metal deal is searching not only for miscellaneous stone and steel but also metal infrastructure that causes blackouts in the central business district. there was a theft of copper cable last year a lot of copper cable were all locked of electrical cable chatter impact the biggest of the on the city however there were big businesses which did have generators which were able to supply electricity quickly but there were other
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businesses also which did not have the generators and they were they were affected no negatively it's having a disastrous effect on local industry already struggling to make a living last year i mean we had a cable fia and the electricity was completely off for week and we had no power and you know we need power to run the machinery in the know without that you know we lose business and we might have to close our business and i'm very bitter about it . there are no hard figures on how much this costs africa's most developed economy but infrastructure is buckling and commuters are often left stranded through linky delays caused by thick of transport infrastructure. the thieves are adamant that in the face of over twenty six percent national unemployment they are left with little choice but to steal. i would guess but it because you know it's.
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everything here in his mind. food you each. the food you eat each drug the smoke every. move money. and as long as there is demand is little doubt this will continue. from the business africa. you can find a lot more business news stories on all website that's w dot com slash business and also do follow us on facebook on twitter or the. global markets if you.
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i am. this instead of the news coming to you live from berlin bridezillas opposition leader flies home defying the threat of arrest one guy though arrives back in. president nicolas maduro warns he could be detained for breaking a travel ban thousands of why those supporters have responded to his court to take to the streets also coming up. a tornado kills at least trying to treat people in the u.s. state of alabama emergency workers are searching for survivors in the wreckage.

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