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tv   Business  Deutsche Welle  March 25, 2019 7:15pm-7:30pm CET

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to so happy in fact to just grit moments of that to this is it is interesting if it's. created in his win to his students and he said that it was assigned they could do anything they set out to achieve. we wish him continued success you're watching you know we do something a little rock n roll and when friends who is up next are business news from africa and i'll see you again tomorrow same time same type just. a city in ruins moreover a. symbol of a long conflict in the philippines between the muslims and the christian population last finance fighters occupied the city center in two thousand and seventeen president to tears his response was brutal. i didn't really never gain political game of. the reconquest turned into tragedy this is
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not the kind of freedom that we want. how did malawi become a gateway to islamist terror. an exclusive report from a destroyed city. filling in the science of virus starts april eleventh on d w. africa's biggest media company wants to list in europe naspers plans to spin off its internet's assets but how has the south african take leader managed to grow into. such a huge company in a country beset by pluck outs stuck in sure our traffic jams to get to work trains could save frustrated commuters in west africa but getting investors on board is another question. that. there's gold and oil under the sands of libya and truffles
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are something to be sniffed at. i'm going for let's do business talk about taking the twinkle out of south africa's gold and platinum mines a power price hike could see the sec the shit around ninety thousand jobs over the next few years that's the warning from the national mining association the government has approved above inflation price increases in dated utility eskom to keep operating south africa has enjoyed widespread power cuts in recent weeks because of the crisis that has come which supplies almost all the country's power but the minerals council warns the power intensive mining industry will be hard hit it's a major employer in a country where a quarter of the labor force is unemployed. they don't he's
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presumably worked as a business correspondent in south africa. what is it's good to have you along what does this story tell you about the state of south africa's blackout then its tells us that this latest shooting as we call it in south africa. has been the worst we've seen in the country since we started having these problems and the fact that there were no offices to the questions that people were asking the fact that you had ministers very elaborately explaining what the problem is but couldn't tell you much about the solution was telling to just how bad the situation is this you to for years was warned to invest in the infrastructure it's all starting to crumble something like a cyclon in mozambique where some of the power comes from can really put pressure on the grid so this electricity problem is going to be around for a very long time and it's going to be intense ben one of our reporters just got back from there and said she was talking. that's eight hours
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a day no electricity eight hours a day and this news comes as well as south africa's most valuable public company wants to list all of your next stop market in amsterdam i find this quite interesting naspers would be one of the largest internet listings on the exchange the south african media group has been around for a verse and for years you know initially a newspaper publisher publishing now would take giant most tech giants to gravitate towards new york why amsterdam first of all so listening to bob thank you made a point he said look this is the neverland's you don't have a hard time convincing people to live in amsterdam. and it's also i mean you're accessing about three and a half trillion dollars of capital that right and that's what they're looking to get more investor to sort of widen that excess in this is probably getting some kind of pressure from european investors say come to our territory but also we know that the listing requirements on the your next amsterdam are similar to what you have in the gentlefolk stock exchange so they can keep their board and their
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management for example and also not to mention that's best does have some kind of a presence in amsterdam defended for about three decades and remain the biggest public company in south africa they will play station he will which is important to south africa because band. the volume just if you look at the stock market on the day trading for you bright not specify about fifteen to twenty percent so people really also question what's going to have to the struck exchange in south africa but i think if you're looking at from from a wall sort of broad economic basis i think south african public official be interested to know the commitments that they've made to investing in for example south african tech start ups will they keep to that and they were very they went to pains to state that those commitments will stay in place that they will still be looking at to make those billion rad investments when it comes to take start ups in the country but just tell me how does the tech giant or any tech company operate in a company in a country beset by blackouts small business i've been dying in this if. you know
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it's really it's killing a lot of industries the small the smaller pay is i mean these are the guys who once you turn that one customer away if you don't know if they're coming back it is a difficult environment to operate in but i it's perhaps telling off just the climate that that is happening in south africa right now the fact that companies like these see a potential for earnings outside of the country that it will say this is necessary a side of the country so i mean this is this excess city problem we will loan you learn the full extent of just how far this is going to take us as the he is as he is in the days go by but yeah it is difficult especially for smaller players i mean these guys have you know volts of money that they can you know it says generate is it cetera but it's the really the smaller guys that you have to worry about not only business but it must be frustrating for people living there i mean what what does it mean when when the power's out for eight hours in a day what does that mean what can you do it means traffic been right it is just so counterproductive i mean you're not getting way because the traffic lights are on this is a country where you've got a lot of calls on the road public infrastructure isn't great it needs you know
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a lot of traffic and that means people being late to work and stuff reckons it's really i mean it is far reaching the impact that this has i mean you've got kids sitting across rooms and nothing is working so you can imagine the extent and the frustration you watched i mean i was i'm sort of just watching the conversation you know people just you know being so furious reaction to it to sitting in the doll for hours at a unit any given day it's just it's just testament to you know these state owned companies and with the government should be responsible for sex and he said this i guess i mean they talk about them being strategic sect is but you to manage it well then what is the point privatization very question. christine thank you very much for coming and going so she does. now gano wants to unclog its roads and get commuters catching trades it could prove to be a major driver of productivity growth it could also be great for the environment of course but resurrecting the nation's tiny rail network and extending it will mean massive investments. traffic in ghana's major cities is
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a daily frustration for drivers and passengers commuters say they can get trapped in gridlock for hours i mean that. this man. doesn't. always. mean to you. can see that some of the drivers get tired and often cars will collide in traffic. i think if the government can put in place an alternative transport system it would help. the alternative would be a well functioning widespread train network but there are many challenges facing the rail sector. the infrastructure base for the development of there will always stick to in ghana is nonexistent in most parts of the country in areas where you will find your lines day in bad shape and threatened by human activities if you are
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now undergoing repair way. managers in charge of the country's existing railway infrastructure admit that the system has been poorly managed in the past. it's going to have a very rudimentary level of real infrastructure. all that we have and which is incorporated in phase one is that which was bequeath to us after the the exit of the colonial administration all of my hundred forty seven kilometers of it that's it. but even with that due to the lack of maintenance due to lack of investment from governments successive governments be for structure degraded degraded degraded until it came to you know stuttering halt. only to train networks are active one in western gonna and the other in the capital but passenger numbers are low a current plan calls for the addition of four thousand kilometers to the country's
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network at a cost of more than twenty one billion dollars the hope is for backing from europe and asia city planners say the investment is essential. yet the cost is a man avoidable. go to erupt and they are deathly ill particularly the ivory billed indian cities the cost is going to be huge but when it is stretched over a. long period you see that is economical. the government hopes to put in place an effective train network in the next ten years with more than ten trains operational within the city centers once funding is secured. all commuters can do is hope the new infrastructure comes sooner rather than later. boeing has wasted no time in getting the world's grounded fleet of seven three seven x. eight aircraft back in service the company says it will update pilots and regulators on progress of the new software patch by wednesday representatives from
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southwest american and united airlines are all expected of a boeing facility me of washington d.c. review big new software which still needs approval from regulators. all seven three seven x. eight airplanes remain grounded after tree fatal crashes in individua and ethiopia . what you were on line might not be the real deal the german custom services ease of a five million packages with counterfeit products last year alone that's an increase of more than fifty percent over the previous year of a products added value of them is two hundred million euros two thirds were shipped from china mostly fake jewelry and bags and sunglasses also electronics like counterfeits not for. libya has been a chaotic place since the fall of dictator mama gadhafi and twenty eleven different factions have been fighting to seize control of the country but hopes are high u.n.
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sponsored reconciliation conference next month could help rival administrations reach a deal libya's huge oil reserves have played a key role in the conflict but it's not the only treasure buried beneath the desert sands. meillard mohamed regularly comes out to the desert to get away from the noise and pollution of the city he says for him exploring the harsh landscape is a kind of therapy one that can pay off along the way he searches for telephones white does or truffles in demand in the gulf states. even the small truffles have a special taste in the past people used to cut the truffles into pieces and dry them that made them softer and they could be used as a spice. unlike in europe libyan travel hunters don't use dogs or pigs to track down the prized fund guy the travels are often very deep and
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it takes an experienced guy to know where to dig abundant rain this year has made them more plentiful than usual but that's also driven down prices dealers will only give me a lot mohammed a little over half what he's charged for them in the past so the current rate translates into about fifty euros a kilo but this is not just about money the trouble hunter says his love for the libyan desert will always draw him back. like to get a taste of that nice thing business or.
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fear of working the crane. fishermen off a bit in from actually catching the fish shipyard workers fear for their jobs. transaction and feel. people are scared of further russian aggression. power the lives of factors as the battle continues for the see a face off. sixty minutes d w.
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i'm not nothing out of the gym but if i'm talking down for those who have nothing with the. things deep into the german culture. you did seem ridiculous gramma video do you know if sold out there no time rachel join me for me to get the bungee jump course. this is the news africa coming up in the next fifteen minutes then me to movement in nigeria she's been detained by authorities and attacked on social media we meet the brave woman fighting sexual violence in the country's conservative north she tells us why she won't be silenced. and the village in central mali that's it.

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