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tv   Business  Deutsche Welle  May 17, 2019 7:15pm-7:30pm CEST

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it's for watching. her 1st to school in the. first clueless. and then doris grand moment to run and join during a tangle on her journey been through you know we're going through documents around the ring entering returns home. i know nothing of the dead well i just sometimes i am but most often when that happens we're going to have them things deep into a gem
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a culture of looking out of the stereotype a quiet spot in a single season country that i no longer. needed to take photos grandma there you go it's cold out there. i'm rachel join me for me the german fun beat up the. post. count the i.m.f. help congo in the search from its crises congo's new president hopes to revive economic cooperation with the international monetary fund to bring stability back into the resource rich country. and another country managed to leave crisis behind rwanda makes a big splash this cosmetic homegrown. welcome to do business africa i want to get jones good to have you with us and discussing in congo which has. been embroiled in
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chaos ever since the last boehner outbreak that started last summer and has already claimed more than $1000.00 lives civil unrest is only adding to the problem and makes it almost impossible for the economy to get on its feet the country's new president wants to change that with the help of the international monetary fund. congo's new president felix itchy security showing here at his inauguration in january has come to office with some ambitious plans he wants to battle poverty lower unemployment and raise wages for that the country urgently needs money that could be one reason she security stopped by the international monetary fund during his a prove it to the united states his aim to restore economic cooperation that's been suspended since 2012 when the i.m.f. halted congo's loan program after irregularities in connection with one of the mining companies came to light. in a few days i.m.f.
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representatives are expected to return to the securities u.s. visit on his home turf at the moment the country has credits of tens of millions of dollars with the i.m.f. . let's bring in a benno from the in our foundation where he is country director for congo good to have you with us now there's something of puzzles me and many others here congo is rich in natural resources why is it in such a terrible state. yeah dreaming at home 1st and foremost unfortunately has to do with the history of the country your former dictator. he was highly corrupt he was greedy he ran down the country during his 32 years of rule nationalized companies siphon off the money into his own pockets and very credibly the consequences of this can still be seen until today it's it's not only that the companies remain in a very bad shape it's also that it is
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a very selfish corrupt to rule and which was also careless of people next to a mindset where everyone had to look after himself and unfortunately this mindset that can still be found until today he still until this day that the earth lacks all these lacks proper good policies that have a nation that half the population at the center. now of course there has been international help already currently congo has credits off i believe $69000000.00 with the international monetary fund what is all that money for. and you need the money for some that you are mentioning that's supposed to go into investment that help make the matter of economics overall level more sustainable more stable so we talk about investments that help reduce poverty that go into health and that
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go into education but you know like $6069000000000.00 that's for the size of the years for the size of the population it's definitely not a lot of money so. what's needs to be done in the coming years like a big endeavor it has to go into the mining industry and when i say the mining industry what needs to be done and where we need to get is that we create tax revenues and that we give more tax revenues from the mining industries into the public treasury now that you mention the mining industry china for one certainly is a very big investor there mining natural resources like coal gold in exchange for building infrastructure at least that's the idea how's that playing out. you know that's a deal. so that deal was done that was struck in 2008 so china. greed on a deal where china other projects were rezoned all this in the mining industry in
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return they would invest up to $6000000000.00 the number of that was that reduced to $3000000000.00 into the infrastructure sector i mean honestly it's very hard to say it's difficult we have don't have a lot of meat on the ground. access is limited. production and extract mean the mining industries is set to start or have started in 2016 the number in the copper mining industry. 100000 tonnes are said to have been produced more but again it's very difficult to say we know about a few infrastructure projects like the renovation of a hospital of some roads having been both but again it's very hard to say. from the foundation talking to us. thank you so much thank you. and now to some other global business stories making the news. u.s.
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president donald trump confirms he's postponed a decision on tariffs on cars and parts from europe and japan in now says he'll wait up to $180.00 days for the outcome of trade talks before deciding whether to implement the additional navy s. . boeing says it's completed a patch to fix the flight control software on its a 737 max plane the software was implicated in 2 deadly crashes in indonesia and ethiopia the company hopes the update will get to the top selling and are now flying again officials around the world have grounded to the jet. a study says germany is the 2nd most attractive destination for i.t. specialists behind only the united states focusing on cities the study found that london is the most popular place with you to the experts followed by new york and the in no african cities made the nist. a british low cost airline easyjet has presented its half year figures of them all to looking good to net losses from october to march more than quadrupled to around $250000000.00 euros compared to the
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same time a year earlier easyjet blames high fuel costs and low fs as well as the uncertainty surrounding brics it. and germany today decided to allow east school to us on the streets it's a been a heated debate because not everyone welcomes those snazzy guess most sharing the sidewalks with the rest of us the distance for 11 protection and many motorists see them has it right as the testing east german cities and towns like in the south of germany that already a common sight on the streets of some other cities like tell of youth in israel. electric scooters rule the tell of you streets. they fill a crucial gap in a city choked with car traffic where there's no subway and where on some of the buses don't even run. the scooter craze got a huge boost last year when the u.s. started a bird launched here allowing users to rent scooters using its app. birds
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general manager for israel says scooters could help reduce the heavy traffic congestion in the mediterranean metropolis. for a start we go to the q r code 30 percent am of our rides are between 8 and 9 am and 6 and 7 pm which essentially shows you that people that take the birds are people that are replacing cars. the scooters are meant to solve what's called the last mile problem of transport between home and a bus stop for instance allowing people to avoid taking cars. renting a scooter costs about $1.00 euro plus $0.12 for every minute of travel. 10 minutes . and done a little bit crazy i think it would be better that i would have a more holds specific to full buy and hold. starting this year it
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will be mandatory to wear a helmet more scooter riders mean more scooter. accidents. and many riders don't seem to realize the risks of riding alongside cars and buses. are not going to go in slow mo is one person who benefits from the scooters mobility each night he goes around to collect scooters that if run out of power here is about 6 euros for each bird he rich urges overnight it's become a whole cottage industry a 2nd income that to goran feels more like fun. it's like playing a video game playing but. you get paid money you don't call it you want to collect scooters. it's called bird feeding when the scooters have charged they're
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ready to make their way through the crowded streets of tel aviv again. not recent yes wanda has overcome its tragic past to become an economic role model in africa it's a ground for tech startups but it's also subtle ground literally and one company is taking advantage of the plant life that can grow there to create cost metrics with a randon touch they're not just pretty flowers they're useful as well chris and al of era are important ingredients in the wrong guy cosmetic line. means beauty in northern rwanda's official language that's some promise and a profitable business idea there are now a whole series of oberon got products shampoos screams soaps all made in rwanda. we make sure that the for the future producing is for. africa. and not for the product. you have
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a kid because some chemicals and these can cause destroy for example the disk in. a few years ago this entrepreneur went independent and with just $10.00 in his pocket or so goes the legend today the company is worth $40000.00 and employs 20 people and the business is still growing with new products such as toothpaste the company also exports to uganda and tanzania among other countries. i try to contribute to my going to new and by producing these on to video was meant to grow that from local plant that would you have any to one day enough to go in order to be is solution or skin disease you know if we got the business concept is to make products locally and keep them affordable some customers have been using them for many years and they love the quality. not a used them i started using oberon got products because i suffered from terrible
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acne high and it used to make me feel uncomfortable in 2012 gave me a soap to use as a trial and everybody used to laugh because the soap was black and had a strange shape but it cleared the spots on my face. table. her kids also used to be running out to her billing gradients are said to have a healing effect and they come from rwanda and business is good. and that is business africa here on the you for me and the team in berlin as always thanks for keeping us company.
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cut. to. take it personally with the few people in stories that made it so special for us. to. g.w. . much of
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a. good link to school africa more store link to exceptional stories of discussion from the use of easy to our website dedicated comes from africa joining us on facebook. for. this is news africa that's coming up in the next 15 minutes have the soul is struck with heavy flooding leaving at least 15 people dance we have a report from. many families that have been left homeless off their brain damaged a house. and on the international day against homophobia. the activist of all efforts to grant them.

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