tv Business Deutsche Welle October 7, 2019 7:15pm-7:30pm CEST
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but some in the u.s. including a presidential candidate of criticize the rockets for yielding to pressure from beijing. says d.w. news life from ballet business africa with monica jones is up next taking a look at tat the continent's booming tourism sector i'll be back at the top of the top of the. same form. and language courses. video. anytime anywhere. the adventures of the famous naturalist and explorer. juice in the brain
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clicks on the phone while its 250th birthday we're embarking on a voyage of discovery. expedition voyage on d w. what role did the son of former south african president jacob zuma play in the so-called state capture at a graphic quire in johannesburg today due to sound assume our promise to cooperate with the commission but denied any wrongdoing. also coming up tourism is picking up in africa with many regions investing heavily in infrastructure to benefit from the boom. as the population of lagos reaches 25000000 the question
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arises how to keep housing affordable while we look to the german competition because palin says rent caps are the answer. to d.w. business africa i want to get in berlin good to have you with us the some no for former south african president jacob zuma has faced a johannesburg court in a graft inquiry today but denied any wrongdoing due to sun assume is a key witness to the so-called state's capture inquiry which was set up last year to test allegations of high level corruption during a jacobs who must 9 years in power. zoomers son is accused of organizing a meeting at which a government official was offered a $40000000.00 bribe and a ministerial post in return for favors to do designers business associates the gupta brothers former deputy finance minister c.b.c. jonas told the inquiry last year that it kept a brother offered him a substantial bribe and the position of finance minister at the meeting in 2015 was
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on condition that jonas assisted the gulf does with a business ventures one on monday do designers zoomer rejected jonas's testimony here greed had arranged a meeting involving jonas at a gupta residence in johannesburg but his testimony about the meeting differed on almost every other detail to gupta's are accused of using their friendship with the former president to win state contracts in the years leading up to zoomers ousting as head of state in february 28th seen with me. extinction rebellion protests erupted in cape town on monday targeting the south african city's central business district it's only one of multiple protests in major cities around the world as part of a 2 week campaign the movement is demanding immediate action by governments to protect the environment the demonstrations are annoying commuters and officials but
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raising the hopes of those who see warming global temperatures and rising sea levels as a threat to the planet and humanity. planning a trip to africa well among europeans you would still belong to a minority however tourism in the continent is rising rapidly it's increased by around 7 percent since last year and that makes it the fastest growing parts of the world's after the asia pacific region african nations are realizing the potential and to building the infrastructure they need to welcome visitors. big game is big business for many african countries attracting 67000000 tourists to the continent last year for a long time crumbling infrastructure was the elephant in the room causing huge problems no along with going to wrist numbers things are changing ethiopia is a good example the airport at addus has been transformed into one of the
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continent's most important transport helped the country has also relax its visa requirements and tourists are flooding in numbers grew 50 percent last year more than any other african country. but many regions are getting a lift from the tourist been in sub-saharan africa investment is being funneled into nearly 46000 new hotel beds and north africa there are plans for 21000 beds and investors are looking at more than just holidaymakers. they want a top end to the lucrative business travel market in may this year the african continent to free trade agreement entered into force and is expected to give the combined economies a shot in the arm south africa kenya no wonder our 3 countries which are on well from conferences and trade fairs. tourism already account for 8 and a half percent of african business providing 24000000 jobs and there's potential
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for more as the continent writes the growing tourist wave. but for more let's bring enjoy the reindeer in nairobi joy kenya has probably been one of the most popular tourist destinations on country for quite some time has this push for growth being felt. it's being felt quite deeply because what we're seeing today is that tourism in kenya contributes to about 8.8 percent all over the country's g.d.p. and just looking at the numbers from 2018 would be so that kenya actually owned about $7900000000.00 from tourism alone and that puts it as the tourism economy in africa that is after south africa and nigeria so you can actually tell that there are about 1100000 jobs that were created well that are created from the tourism industry i was the picture like in those lesser and less
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popular countries lesser known countries in africa i think what african countries are not doing so well is aggressive marketing because most of africa can actually be a tourism destination we have of so many walled heritage sites on the continent that the world doesn't know and i guess the steerer type that africa ease the continent is still the perception one way but that is changing with aggressive marketing digital marketing and global campaigns that various african countries are having saw the less a khana mees like chad like the central african republic are now gaining momentum and you my aging as tourist destinations on the continent so you just mentioned it i'm in the she a beauty of of the african landscape the many beaches it is quite mind boggling to
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think that it's taking tourists so long to discover the continents beauty. indeed it is but that is slowly changing because today we have globalization that has met the want to seem like one economy soul with this it is boasting most of africa's economy and we having more and more global business conferences taking place on the african continent which is also opening up to different economies to the rest of the world and this has in a way grown business tourism as well as leisure tours in that takes the cake for it . is and the different who tells it conferences that take place of growing africa's tourism industry all right joy during their their reporting for us from nairobi thank you so much. and now to some of the other stories making news around the world. of already is in the southern indian state of
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telangana have sacked $48000.00 regional transport workers it's after a strike as they were staging continued to beyond the 2 day deadline set by the regional government statement is to say that it was unpardonable to take industry action during festival 6. global banking giant ages b c plans to fire up to 10000 more staff according to the financial times this comes just weeks after its chief executive stepped down and announced the axing of 4000 employees citing a weaker global outlook the latest cuts are part of a cost cutting drive amid falling interest rates breakfasted and the long running trade war. the british government has brought home the last of the 150000 holiday makers left stranded by the collapse of thomas cook the final rescue service was from florida to manchester the same route as the company's last of a flight 2 weeks ago. german arms exports are heading for
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a new record this year by the end of september export licenses had risen by 75 percent year on year to more than $6000000000.00 euros by far the most exports were approved for hungary egypt follows in 2nd place. of the gap between the haves and the have nots in germany is bigger than ever before according to a new study that's despite a healthy economy and years of the stay and economic growth 100 butler foundations study shows that while high income groups have become wealthier through investment and business income the poorest 40 percent of households have slid backwards. lagos cairo or kinshasa major cities with growing population all face the same challenge how to keep housing affordable well maybe a look to europe can provide a solution on the initiative of the city's left wing government berlin's senate is planning to introduce
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a rent cap to freeze rents for 5 years in most older buildings the new lower set to come into effect at the beginning of next year but not everyone is happy. when is becoming more popular every year its population increases by $40000.00 which is made living space tight many berliners have to pay nearly half their income in rent the left wing coalition governing berlin wants to change this by introducing a new law against upping rent. yes i'll stop renting creases that is will freeze rents for 5 years say for a few exceptions no more rent increases are allowed the state is intervening in the real estate market which until now is largely left to the private sector robust rental income has let landlords pay for upkeep for their properties like roof maintenance roof or miko's ibos job has been secure for the past 5 years now a change so if you describe to you that there's been a lot of discussion most of it negative tenants are happy to be paying less rent of
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course but in the companies people are worried about their jobs. alarm bells are also ringing in his boss's office. this isn't starvation you know this kind of state intervention is scaring investors away they've no interest at all dummies for our company of course we're not getting any more roofing contracts because renovations are no longer taking place but it is a very stark. berlin's real estate market is worth 9000000000 euros every year from the point of view of the ruling coalition there's too much by coalition in the market and the criticisms from the building sector can't be taken seriously. our dozens of video it's a lot of high level whining all this is is a ban on rent increases for 5 years and it will not lead to the kind of disruption they're talking about looking for food. you know. yes i have
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work until the end of the year but a total of $4000000.00 euros worth of contracts from the burning construction industry are gone and i have to think about whether to lay off about 10 to 15 percent of my crew i have 50 people. to support his daughter at last most. many contractors in berlin agree the larger cap rents in berlin has not yet passed the state parliament in any case the construction sector hopes that it won't. food for thought that's your business update on d w thanks for watching. last
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