activists accuse the police of using excessive force. coming up next it is business africa with their heart well 1st you're watching t w news and i'm sorry kelly in berlin i think you so much for joining us to wish you a great day. bursts. home to news of species. a home worth saving. given those are big changes and most start with small steps but the ideas tell stories of creative people and innovative projects around the world would like to control the good news to green energy shots and resources to show. to interactive content teaching the next generation doesn't want to talk to

a child should play music channels available to people to get out. and more determined to build something here for the next generation the idea is for the environment series of global $3000.00 on d.w. and all mine clocks. blackouts are a daily nuisance for. people in south africa with the energy market in shambles our real estate is president. the 25 percent renewables in the country. loses its taste for european companies the number of chinese takeovers drops sharply is that because western governments are getting wary of. the prefer to invest in africa these days. this is business africa.

south africa's energy market is in disarray frequent. years of under-investment in the state electricity provider eskom africa's most industrialized economy relies on coal fired plants for almost all of its president. bush's plans to change that he wants 25 percent of his country's energy needs to be met by a new sources by 2030 but progress is slow. all of a sudden it's lights out and the machines grind to a halt blackouts in our part of daily life in south africa with state power company eskom unable to meet the country's energy needs it wasn't always this way back in 2011 the country announced a multi-billion dollar investment in renewable energy projects but under the leadership of former president jacob zuma the program was scrapped and the focus

instead turned to nuclear energy leaving the energy mix looking like this by far the biggest proportion of south africa's needs are met by coal 85 percent oil and gas and nuclear energy together make up much of the rest renewables account for just 4 percent. when president 0 rum a poster took office last year he put the nuclear expansion plan on the back burner choosing instead to shift the focus back to renewables his aim is for a quarter of south africa's energy needs to be met by green sources by 2030 he also wants coal to supply just half. but following years of mismanagement he faces an uphill struggle especially when blackouts are already hampering the progress of the south african economy. from johannesburg joined by our correspondent. from a european perspective it's hard to understand you think of south africa as a land of abandoned sunshine so where are all the solar stations.

indeed these glint of sun here indeed indeed the government recognized in 2003 when it put a document which they call a white paper to try and find ways of getting an h. or power from the sun and from the wind but delays wimmin the jew to the focus of the then president jacob zuma nutrition and which focused on nuclear as alluded to and is when the technology is trying to store that n.h. and create it where not today at all at that time but now under serum a pasta the government seem to be saying it knows what to do and is going to get that energy from the sun. but does it really knows what to do is there really a realistic chance for renewables to take off in south africa what's what needs to happen there is a plan that the government has already drafted that goes up to 2030 and even up to

2050 where the government is now introducing independent and it produces to try and pursue an it from the sun from the wind and from classes when they already government is engaged this independent and it produces to try and make sure they are there to create the energy and then they sell the energy eskom then eskom gets it to 5 and currently about 5 percent of that energy is already produced by these independent and it produces and the government office at the time goes as. they get more funding as they get more technology they would increase this up to 2 and 5 percent as you have started. to come out of there from johannesburg thank you. now the future of south africa's car industry could very well be electric if a group of auto manufacturing giants get their way german car makers b.m.w. folks farnan chapin's nyssa want to introduce electric come in the factory to their

south african factories this sector makes up around 7 percent of the country's economy the 3 car makers are working on a comprehensive plan for electric and hybrid car production to be presented to the south and south african government by the end of the year their goal is to increase the domestic popularity of electric cars. foreign direct investment in africa jumped by 11 percent last year defying a global slump according to un figures china is one of the big investors on the continent but in other parts of the world chinese money is drying up a new report by consultancy easy why blames the continuing trade spat between washington and beijing for address to draw in chinese investment in europe. in president trumps for attracted tariff war with china europeans are suffering the collateral damage the consultancy firm earnest and young says the conflict between

the superpowers and the domestic slowdown it's produced is the main reason behind an 80 percent drop in chinese yuan flowing into your opinion countries. the decline in chinese investment in europe since the trade tensions developed is plain to see in the 1st half of 2018 a total of $113.00 deals equated to $15300000000.00 of investment but the most recent figures show $81.00 deals during the 1st half of this year brought in just $2400000000.00. the slowing of chinese investment is perhaps most obvious scene european economic powerhouse germany china hasn't made a single acquisition there this year and has invested just half a $1000000000.00 compared with $10000000000.00 during $28.00 teen. the fronting rush that sort chinese investors race to snap up european innovators such as report 6 company kuka appears to be growing thing to a halt. well

german politicians have long been a long time as takeover spree across europe in recent years and have indeed blocked certain deals i asked w.'s financial correspondent unadvisable is this drop in chinese investment may be good news from european perspective well actually i wouldn't specially call it good news from the european a prospective because clearly what china chinese money is doing as well it's opening up the huge. chinese market for german companies and that has done a lot of good for a german corpus as well but clearly it was quite high on the agenda of european and german politicians to they actually get a level playing field in place so that not state subsidized chinese companies can come over and spend an awful lot of money and the german companies cannot have the same sort of market openness in china as well but bottom line is that what ernst

and young is saying as well that chinese company this bias that they haven't invested a lot in the 1st half of this here they stand ready if there are look for to investment opportunities they would be willing to actually splash out their money especially in the automotive field when it comes to electrification but also for like big names in the consumer space there is still a lot of interest so there is still is a need for joy needs money. yes actually if you look at opinion polls so chinese money is obviously it's a 2 edged sword because some are saying they just take away the technology and they bring it to china but if you look at the evidence is that those companies who have chinese money in on their books they actually did a lot back then because chinese investors and best thing a lot of money in r. and d.

and they want to grow the business and as i was saying early on they are opening up the huge chinese market for those companies they're invested in. on a device but in frankfurt thank you. and now to some of the other global business stories making news around the world on homes the airport will remain closed until 6 o'clock tomorrow morning authorities the council all flights for monday as thousands of protesters by the main terminal operations being seriously disrupted by the demonstration against the policies of the beijing government. saudi arabia state energy from the rum co suppose that a 12 percent drop in profits in its 1st ever last year on its report the disclosure is fueling renewed speculation the company is preparing for an overseas stock listing. of $50000.00 vonne notes the venezuelan central bank's most recent attempt to curb the galloping devaluation of money and shortage of cash and needed

to national sanctions against the socialist madeira government the value of the balibo continues to plummet. this caracas restaurant sells pastries called empanada has like all their businesses except electronic payments but there are still many customers who prefer paying in cash and us dollars. saving every day people ask whether we take cash. but we obviously don't accept large bills we're going to call our families cheap. dollars are accepted just about everywhere in caracas even if this market. this trader doesn't want to be filmed at 1st it looks like the eggs are being paid for with the ball of our national currency but it turns out to be u.s. dollars. there's more to this trend than just the collapse of venezuela's

currencies says economist wrong. look. at the moment there are large amounts of dollars and all of ours pesos another currency is in circulation and we've been through hyperinflation i mean the same time the central bank has allowed the kashi talks in circulation to lose their value very quickly without adjusting the banknotes accordingly and. it's hard to say how dollars enter venezuela since the central bank no longer provides information on foreign exchange receives what the greenback is clearly being circulation here. that. it would in. some venezuelan send remittances home in u.s. dollars stimulating the import market. there are no shortages in this caracas supermarket but the imports here are 2 or 3 times more expensive than those in

europe or in the u.s. some stores only sell imports. are luxury imports shops can be found almost everywhere. but on a hike you know and i know that a whole lot of people don't earn dollars so it's hard to pay in dollars. so much happens under the table including the use of the dollar means a lot that's not legal. i'm still paid in dollars whereas in there everything i want to buy sold in dollars. and that's it from me and the business to. be done by then. just have a quick look i'll go by markets right now 5. heavy

clouds loom over this paradox the clouds of bricks in. the caribbean island of ink will act as a british overseas territory its neighbors are french and dutch territory. if britain leaves the e.u. the consequences will also be felt here the risks of a curse in the caribbean cusa in 60 minutes d w. every journey begins with the 1st step and every language but the 1st

word emerged from the. greek opens in germany to learn german and why not come with help simple online on your mobile and free shopping d w e learning course nikos fake german see. this is the the news africa coming up in the next 15 minutes that they tell in tanzania is fuel tanker explosion. 5 this comes as the 2nd day of the national mourning. and the home made. a surprise.