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tv   Business  Deutsche Welle  April 29, 2019 7:15pm-7:30pm CEST

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africa what does it take to go back in uganda take you to a barber shop in kampala to find out. if a suitable how about story a more in business to africa in just a moment back at the top of the top of the day. what secrets lie behind the small. find out in an immersive experience and explore a fascinating cultural heritage sites. w world heritage three sixty getting up. every journey begins with the first step and every language the first word allusion to the coax in germany to
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such. us why not learn a little and find the time. to suss it simple mind on your mobile and free. music the learning course. german made easy. when you are at the top of your game how to stay there the rising star economy of god of forecast to be the fastest growing in twenty nineteen worldwide we talked to the i.m.f. about how the west african nation can make those growth figures to sustainable. iranian officials say you weigh sanctions against their oil industry are a danger to global market stability. and how the burgeoning beauty business in africa is giving ugandan men and you level of confidence that. i'm been fizzling
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let's do business this is fastest growing economy is expected to be in africa a gun a an economy is going gangbusters the international monetary fund forecasts a growth rate of close to nine percent hard out china but how sustainable is a write like that. there's oil in ghana and they keep on discovering more but that's just one reason for the economic boom in the west african country. agree culture is also playing a role ghana is the world's second largest producer of cocoa beans and its government has invested heavily in this sector one program gave farmers access to seed and fertilizer that is giving a real boost to harvest yields. reforms have also helped gonna reduce its deficit. inflation is down into the single digits. the i.m.f.
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predicts growth in ghana will hit a scorching eight point eight percent in two thousand nine hundred nineteen. and it isn't the only african country whose economy is going fast on the other side of a continent if you o.p.'s projected to hit seven point seven percent growth while the i.m.f. says god his neighbor ivory coast could hit seven point five percent loss rates a much higher than those expected for china and india but the i.m.f. also thinks the booming pace of growth is likely to be a short lived phenomenon it has urged gonna to encourage more private investment and technological innovation. thought try to get out i.m.f. guy in a moment first this news boeing's management facing down shareholders eager france is in the first meeting since the unfolding of one of the biggest crises to hit the company chief executive dennis whalen burge sorts restore confidence in the seven three seven max model involved in two fatal crashes he said regulators was set to
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test new software next week that if approved would render such accidents impossible the crash is triggered the worldwide grounding of the jet boeing's fos the selling and shave more than twenty percent of boeing's earnings in the first quarter. the strike at scandinavian airlines is set to continue into tuesday with no sign that either unions no management talking directly seventy percent of the company's flights have been canceled since friday affecting more on a quarter of a million passengers talks broke down between s.a.s.e. news last week and no new talks of planned the pilots are seeking changes to their pay and working hours. a good year shaping up for tunisia's vital tourism sector british operated thomas cook says bookings have package holidays to the north african nation of doubled over last year flights only bookings have quadrupled tunisia's tourism sector crashed in twenty fifteen in the wake of a terrorist attack in which thirty eight people were killed at
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a beachside resort in lifted a travel bans are tunisia for its citizens just last year. and we've now gone to albert. he's the resident representative for ghana got the pronunciation there right on the line for us from a crowd tell us first of all the government day has met most targets and its program with the international monetary fund if it did mall could that growth rate be even higher than eight point eight percent it. the programmed twenty shifts in there of the previous administration. main goal to restore market rate could make stuff billets we believed at micro you could make stuff bts a precondition to it couldn't be croats and respect it was. cheap that the men might we couldn't begin to caterers point to dean better direction
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inflation was reduced and he's now around nine point four percent in the single digit fiscal deficit was also reduced from around fifteen percent i mean around ten percent to now treat point eight percent and those are conditions out there. to drink investment to god and have they couldn't be cruel and grow faster so you basically want to see something stable and sustainable i guess what's what's gonna going to have to do to make its growth sustainable. what's important is to continue to. try. to diversify the economy because at the moment most of the exports from ghana must be commodities coal coal called or you. will be important to to
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ensure and to buy new factoring agriculture so. different bases for economy croaks the issue is for exporting or producing only commodities at the old throat cannot be sustained right. do you generate depends on the price of these commodities if it goes up you grow faster if she goes down you don't call shots right so you need to have other products that you export in order to diversify away from commodities and tell me a little bit more about about cocoa because it as a commodity is exported in huge amounts but only as a rule commodity it gets processed overseas and that's where all the money is made in the processing of cocoa why isn't gonna allow to do that. disallows been. a concern for wired and i think that. tells of
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creating the factory tool process small coco you know candy you need to out there and your own man that loads for an investor is to call right i think that the conditions are favorable and the out between the past and the adult thinking now twelve more of the processing taking place and getting up more of the value addition as you mentioned take place in ghana so hopefully in the future you should see a bit more value at the show and local content into the stride we had to show made in ghana one more quick question john is not the only african nation focus to put in stellar growth rates this year is the balance shifting from asia to africa. it's hard to see. the recovery in africa in train. you need to point to the fact that a lot of african countries see exporters and commodity dependent. or and
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some other commodities and the price of these commodities have been quite a few in the past few years so the recovery is taking more time than expected but i think the. you know the prospect is not really uniform so you have some countries that are doing better like in some other countries in asia and you have countries for whom it's taking a bit more time so on balance you can't necessarily make that argument that cruelty is shifting to asia so you need to look country by country ok. mama from the international monetary fund thank you very much for being on the show pleasure thank you for having me. an engineering firm in tokyo is testing whether eight k. cameras can replace visual safety checks of key infrastructure the ultra high
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definition technology has sixteen times the number of pixels as standard h.d. experts say it can pick up stuff the human eye can't comprehend. the inspection vehicle makes its way through a tunnel inside thomas city just outside tokyo it's traveling at the normal speed of the traffic around it a quick trip down one lane and back up the other and the roof mounted camera produces pictures clear enough for inspectors. i think that technology can minimize the burden of manual inspections and reduce the social costs of traffic jams and. the should talk or engineering company is testing eight k. technology to inspect expressways in metropolitan tokyo ideally the technology can be paired with artificial intelligence to spot areas in need of repair. one japanese camera maker sharp wants to use the technology for surveillance.
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cameras can see what the human eye can't they can be used in many industries not just for entertainment. for now tunnels are a good starting point. ok all you men in africa it's time to talk. laugh i know a lot of you folks out quite a bit at the barbers to get a grooming. has this report. that there was some look no it exclusive to women in uganda or any more may now are up for the challenge with their female counterparts but then again i go from travelling i think that you know i travel and i meet with very important people so i had to come here to perfect my look i'm going to. trick again they want psystar hair cut and perfect be extreme and he is ready to part with an equivalent of twenty dollars and i'm like
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a new person now. who consume you know looking good. i'm so fresh kind of stunt no one country like tom and we're going to. go one country about just guessing i think this is out of luck we've got guns in this case. the demand for mainz grooming is an attraction for local manufacturers. moxy minds to maintain is one of them she exports more than a ton of shia but every month from locally grown she amounts. to natural hair growth products are popular especially among ugandan men with long hair and thick beards these days men have taken it and much they want. to come in for projects for making their beards shiny and making the beds longer and the time. they want their head to go we have folding men who want to head to the can as they don't want
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to be bald anymore you. know services like money curacao support beulah soreness on my side the of us where ugandan may not spending ridge larry this muscular in desire for a perfect look is helping to expand the beauty industry valued at above ten billion dollars in africa to the manufacturer this is hope for growth especially with the whitening and young middle class to the end user it is such as function and confidence. the booming beauty business in uganda i'm off to the head with a smart chin in and check out my lettuce heads to. the for.
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the law. we're not here to judge you but to eliminate prejudice and. we're not here to change your opinion but to open some space for different points of view we're not here to speak on behalf of anybody but to let everybody speak for themselves. not here to give the right answers but to ask the right questions. we're not here to
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indoctrinate but to listen. plus ninety connect to an unbiased agenda subscribe now on you tube. this is the w. news africa coming up in the next fifteen minutes torrential rains. strike mozambique just days after cycling smashed into the country levels increase in many areas from rescue workers bring you the situation on the ground. also coming up in a moment in history.

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