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tv   Business  Deutsche Welle  September 3, 2019 7:15pm-7:30pm CEST

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competition the german took the 1st set against the odds much but then lost the following 3. business africa where vaga. up next i'll be back at the top of the hour with world news of the day. on. earth. home to news of species. a home worth saving and. yes those are big changes and most start with small steps but the indias tell stories of creative people and innovative projects around the world . like to use the term limits to stop drainage solutions and resources should. create interactive content teaching to the next generation doesn't fundamental to
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check should. using all channels available to inspire people to take action and more determined to do something here for the next generation along the environment series of global 3000 on d w and all mine. south africa's says it's time to get stuck on coal and turn into something else that has an abundance solar energy but will it be able to pull in the south it's huge carbon emissions. also coming up off the twins cycle of mozambique see how farmers there are getting back on their feet. this is business africa. as well the energy market in south africa has always been dominated by coal which is in abundance in 2017 coal fired plants generated over 3
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quarters of electricity as a consequence south africa accounts for almost half of all c o 2 emissions of the entire african continent the government now wants more sustainable low carbon economy so why energy is becoming increasingly important and cape town is at the center of these developments. your political this solar system can be set up quickly almost anywhere within just 2 days it's producing electricity it's environmentally friendly and it's cheap solar technology has as has advanced in such a way that the environmental benefit is no longer the only selling argument cost have come down so significantly the ease of insulation has become. a real seller. the company delivers solar power from cape town in south africa to the whole
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continent the equipment can fit into a container this is how a school in southern sudan was supplied with power. we have rural areas that are far from the main national great and have been built a system that's built into a full container with all the equipment you need to set up. going into deeper parts of the. africa where you don't have access to tools and engineering services. the market for solar systems is growing in south africa where prices for conventional energy have risen sharply in the last 5 years. in the freak growing area and yes there is free to stored in large cold stores sometimes for months this involves high energy costs which is why this company has equipped its raif with solar cells some 7000 tons of c o 2 have been saved over the last 4 years.
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with our son i think and the cost of solar panels now. is a way off topic i think not too much knowledge you need you can focus on the best as you don't have to focus on. getting some power i think solar panels definitely the easiest way and the best way to go. but there is only limited freedom to decide the energy mix in south africa grego coirpre advisors companies on the installation of solar systems until now the market has been dominated by eskom which just sides on the installation of solar cells that can take a long time because solar energy is a strong competitor for existing providers main challenges here is predominantly administration and the acceptance let's say by the decision makers to integrate more capacity because i believe the industry is right for the consumers are right for. the south african government wants to liberalize the electricity market
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further change comes slowly but there is great potential for renewable energy. going further into this story in there our correspondent joins us from nairobi join look at this right south africa's scramble ridden state power company eskom really deciding over who can install what kind of solar panels. well your hand i can it i cannot exactly confirm that but what i know for sure is that asco which he said the distributor of electricity in south africa actually does rely on a lot on coal and still embracing renewable energy solutions means that they're actually going to be affected their revenue streams are going to be affected by this seeing as 85 percent of the electricity in south africa comes from cool. isn't that doesn't that mean that eskom compu really keen for anyone to install
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cola because it runs against their core business that that's correct because what we see right now is that between the us of 272015 s calm has actually increased its terrorists it has increased its terrorists just because there has been competition coming in from renewable energy in places like renewable energy or solar p.v. adoption has been very high and because of this s. cons revenues have to be sending it in to date and they've had to actually ask the government to bail them out which is an indication that there is a problem there and recently we saw a lot shading that was in the month of february going up into march and this was because the quality of call that was being produced at the time could not produce enough electricity to distribute across the 16000000 subscribers across the country
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coming back to renewables in south africa which areas that are running well i would assume solar because there's sunshine in abundance what about wind geothermal. if you look at the statistics that from eskom they actually say call takes the bigger share but then if you look at the renewable renewables are really about energy solutions really looking at hydroelectric power which takes the bigger share of renewables and then we have wind and then we have nuclear was is definitely not that clean and then solar p.v. comes in right at the bottom despite the potential that south africa has to explore . a solar p.v. they don't seem to be adopting it save for areas like cape town and if they do this they have to do it is competitive part as arguments as well as storage mechanisms to allow for solar power to flourish in the country. there are from nairobi thank
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you. now to some of the other global business stories making headlines today the british pound has fallen to a 3 year low briefly dropping below $1.20 rebounding after prime minister boris johnson lost is working majority in parliament today that boosted hopes that no deal breaks it might be less likely adding to the new uncertainty un economists have released a new report that says britain could lose at least $16000000000.00 per year on exports to the european union and billions more with other countries if it leaves the block without a deal. lego has reported strong sales for the 1st half of this year the danish tornado famous for its colorful plastic breaks also said it had the goods $28.00 enough for locks the year before revenues were boosted by tie ins to
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the marvel avenger movies and investment drive in china and india. hold pay and google pay could soon be given a run for their money by european competitors 7 providers are joining forces to form the european mobile payment systems association to build a standardized network across 9 countries it ends to raise the popularity of mobile complex contactless transactions. its stores in iceland can no longer provide plastic bags free of charge it's part of an effort to battle pollution and will culminate in a total ban on plastic bans in just 2 years time so how do shoppers feel about the change take a look. removing plastic bags for consumers is part of a larger plan to reduce the total use of plastic it ties in with a wider debate about ways in which i sound to consumers and businesses can do more to reduce their carbon footprint and reduce pollution. the problem is how we use
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plastic the single use plastic is a problem and how much plastic we use that's a problem. the ban does not apply to carrier bags made of other materials. we notice the difference today fewer people buy plastic bags so this is reducing the use of bags right away. like there's a loss i just don't understand why wasn't on its ear a total ban on single use plastic bags would take effect from the start of 2021. 1000 back to africa this year twin psych loans left mozambique devastated thousands and millions of dollars in damage across the region now the habitants slowly rebuilding their lives while still grappling with the economic fallout.
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mozambique is fighting hard to recover from the devastation caused by cyclons and kenneth the 2 storms killed thousands many more families were displaced 6 months later farmers in the coastal town of biros are returning to the area and trying to rebuild their lives. as i pay. my house collapsed so i had to build a small hut just to survive later i'll try to rebuild my home. the land might be ready for people to return but the region still faces many stark challenges catholic and g'kar atos says infrastructure damage has left many without basic necessities like housing health services and clean drinking water. for the sick on after the floods people left and went to look at the relatives of
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them who are there on god but now their home regions are dry and they want their. there's a tough economy job and they return to the land but they have no home no food. in the bank will mean they're not going out. for now the farmers of buy regrow what they can but the mozambique government has been unable to provide the financial support needed to rebuild the ravaged region organizations like current us are doing all they can to alleviate the situation but the road to recovery will be a long and costly one. the u.s. and poland have agreed so cooperate to develop 5 g. technology coalition prime minister in iraq the etsy and u.s. vice president mike and i signed the deal in warsaw with 10 saying it would ensure the security of our digital infrastructure and washington has been warned has been warning its allies not to use equipment from china swallow it calling it
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a security risk. meanwhile huawei is set to present its latest smartphone of the mates 30 on september 19th in munich on line it's other devices this is this one comes without google's android operating system and without you tube or cool maps the washington band google from making its technology available to watch. and that's it from me and the business team in the business news i'm back on stories check out our website that's what.
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do you speak this language and. this music. do you feel at home. and does this take your heart racing. to come to the right place. driving on t w. 4.
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and on demand. language courses. video and audio. anytime anywhere. media center. this is news africa coming up on the program criminal not you know full bit about how south africa is feast describes the need says moving involvements in the country will take an in-depth look of what's behind the tops and why they keep popping up also coming up. the long road to recovery in mozambique how are the countries promised cold.

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