the government says a new bridge will be completed by next spring. this is t.w. business africa up next don't forget you can get all the latest news and information around the clock on our website and for can be found at the top of the. if you ever have to cover up a murder the best way is to make a quick exit. raring to. memorize my christmas. list to return to the streets.

for. reliable data. distance 460. automotive. drive. protectionism is hurting the global trade order a warning from china's leader as he gears up to meet his american counterpart at the most eagerly anticipated event of the g. 20. a mobile money agent brings banking to some of africa's most remote island communities but would you trust her with your password. and it could be the

buddha's league is the largest deal ever a controversial german investor buys a big chunk of football club. and pinterest let's do business u.s. president donald trump has thrown the world of trade into disarray he's got the attention of every leader of the g 20 major economies as they meet in. a can trump get his rival to play fair on the global business front on saturday he meets chinese president xi jinping the big question is if they can reach a breakthrough the trade war is increasingly getting global growth. getting the holos out of the way but soon they'll be getting down to the real business of the weekend. technology is a critical front in the ongoing us china trade conflict both nations see digital and technological supremacy essential to their economic futures the role of chinese firm weiwei in building 5 g. networks and a u.s. led attempt to ban it is

a major sticking point already on friday the leaders took part in a digital economy summit it was all quite polite but while way shape shadow hung over the discussion trump preach security g. openness at the same time as we expand digital trade we must also ensure the resilience and security of our 5 g. networks this is essential to our shared safety and prosperity. chief we need to encourage the movement of information technology and human resources to safeguard the global industry chain sharing our strength and cooperated to achieve a win win situation we should not develop behind a closed door and we cannot interfere in the market. even if the us china meetings are not the only ones that matter for the global economy in osaka india and the us have had their own simmering trade tensions of late and friday indian prime minister narendra modi met with trump while he also took part in

meetings with the leaders of the so-called brics economies where he called for reform of the w t o alternately though the big set piece this weekend is the trump she meeting the outcome of that will determine just how happy this latest reunion of world leaders has been. so the u.s. and china have stolen the spotlight i asked our correspondent he'll do it where that leaves the e.u. which is a champion of free trade. we've been told actually that right now in brussels the free trade agreement between the e.u. and marcos also the free trade area of the south american countries that they and their trade negotiations for free trade agreement coming to a close and tomorrow the e.u. is going to sign free trade agreement with vietnam so they're doing a lot for free trade but nobody's really paying attention and i think that's a problem of the e.u. they wanted to send

a message hey guys we're doing free trade without the u.s. and we have other friends to play with but nobody's really listening really briefly are we going to get a break through what this g. 20 how to say i mean people who are involved in the actual negotiations are saying this one is even harder than the problem ridden summit in argentina last year so they said that it's probably going to be their working into the night and it's going to be really difficult for them to find a breakthrough because it's gotten harder and harder to keep those 20 nations together especially with the u.s. doesn't sound like they're going to get much sleep doesn't sound like you will either kill girls for us in. a disappointing market debut for africa's 2nd largest mobile telecoms company at tel africa so she has full 15 percent of the listing on the london stock exchange a subsidiary of struggling indian telecoms giant tail and already lowered its initial pricing in anticipation of week to manage its all africa still raised

595000000 pounds it listen simple to any asli on the nigerian stock exchange. while africa's mobile network continues to grow its leading to turf was consolidations and new entries the fight for customers is intense especially between the top 2 companies at tel africa and m t n he you can see exactly where they're active and how they overlap and hell is present in 14 countries in sub-saharan africa from the jets to madagascar as well as africa's most populous country nigeria but it's only the 2nd biggest telco they can look at market leader m.t.n. it's headquartered in johannesburg and has 17 countries under its belt it also has a huge leading customer base with almost 171000000 people signed up compared to ed tells 99000000 or the mobile phone is

a life changer on lake victoria it's many islands mostly accessed by small canoes cutting ugandan communities off from banking services one mobile money agent is changing that. with over $85.00 violence. africa's largest lake. one of its major islands called has a number of small businesses but one of them stands out. inside this one square meter both is an agent how phone and the records spoke to complete a workstation. she handles mobile phone transactions with millions of uganda shillings. so what do when i'm in the people's bank and i've been able to become one because i am trusted with. howlett just clientele is made up of fishermen every day the cup just huge amounts of fish that gets them exchanging money bridge

larry but many never go to the bank. the only bank we have is not very far so i use it all the time because it has specific working hours. but i just want you so i use mobile money which is accessible all the time. that it was out. during a number of house position house elf at this service of the fishing community with a population of about 35000 people she knows many of our customers by name and some even trust her with passwords for the accounts one of them is the local leader every president and some of the remotest islands at the local administrative council in other counties made up of 10 islands that are far apart from one another quick exit one needs at least 200000 shillings or 30 leaders of fuel to move from the small islands to the main island to find a bank with mobile money it's a matter of minutes to transfer money. to new york. but

a new tax on mobile money has had an impact to number and her clients the government recently introduced a 0.5 percent tax on mobile phone transactions this is made sending and receiving money on the mobile phone more costly so for. us to get many people transacting with over 50 would come here but now i get about 20 people are complaining that the tax on mobile money is a lot. but as locals that just gradually to embrace the tox number remains hopeful for better times and she bangs on the fact that money remains the most preferred service for transacting here and actually the only option for many in the room or just islands. it could be the biggest investment deal in german football's top flight. is buying a stake in blood as they get called head to belly in 125000000 years of official say they'll to visit a lot of that in play as the interest runs the company became famous in the early

ninety's as a teenage take entrepreneur even a company full the chancellor helmut kohl overseas but several of in hosts enterprises folded when the tech bubble burst and his investments have been a mixed performance. doesn't transform our sports desk is a good thing for hansen well in the face of a very good thing 125000000 years as you say is a whole lot of money by the brain does legal standards and it could get even better if i had to because the horse does have the option to increase the state's just under 50 percent from $37.00 german media reporting that it's how it's an investment could then be worth 225000000 euros so wholly to money but some fans are a bit skeptical because they're always concerned when outside interests get involved in german football even though this guy can get a majority but could they use that money to buy some big name players yes they could and once all the liabilities have been covered the media reporting that most

of the money will be used to dip into the transfer market now they can be able to buy name are they going to be able to buy lino messi. the price is still too high for those friends but what they can do is use it to build a core of the school they don't want marquee signings they want to build the backbone for the club to invest in the future so is the bundesliga get in the way of the premier league basically trying to outside investors buying up clubs well this is a lot of money but it actually khant the way the premier league for the moment because of its 50 plus one rule now this essentially stipulates that fans must have a majority say in the club it's to protect clubs and representatives but what it does do is new mates and pursue off outside investors now and we're not going to see. and investment levels for the lights of the billions that the shakes from abu dhabi have poured into premier league champions manchester city critics of the rules say it's going to mean the benita were always lag behind its rivals but fans are maybe a bit concerned about some of in the whole thing risky investments will be saying

it's a good things to have this rule will ease the tech entrepreneurs on an oil shake easy but is he on to something i mean you can make a lot of money out of these big city clubs well you know he is looking for on his investment he's been very clear about that football clubs for a good sucking up money no spitting it out again so you know you mention big city clubs but when historically hasn't had one because hat's it hasn't been so successful but even horse is probably looking at other big successful clubs in cities like london and madrid and thinking there's potential here not just in terms of sporting success maybe in terms of marketing opportunities abroad they could well be growth potential as far as performance goes i mean they only finished what mid table last season yeah i mean it's table leicester way behind the lights of by munich and that versa dorman but what i think they can do with this investment if they can get rid of some of that inconsistency is that the notorious for they could be pushing for the champions league prices we know the british leader is always

very tight behind by a number 6 goldman's and i think champions the lucrative champions league would be a decent achievement for has the next season jonathan crane thank you very much for coming in you're welcome. and just briefly before we go apple's longtime design chief jony ive is the company he helped shape bridgeboro design has been behind the look and feel of some of the tech giant's most iconic products are a need to offer the colorful imax computers for the ninety's but also the i pod i phone and i pad apple says i have is setting up his own company. knows his company could just be working for apple if you just sort of has less nice doing business with you i'll see you again very soon. have a nice weekend. bursts

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