pulling down kurdish flags but after the kurds have reached a deal with the regime of bashar al assad syrian forces have now arrived in the area so i feel with potential showdown with tuffy. that somebody nobel prize for economics or goes to 3 god economists from india europe and the us or you could just stick summers of st lawrence of the w.'s business off the next top of the debt . take the person i already with all the wonderful stories that make the game so special. for all true for. the book more than football online. community and justice and freedom the 1st words of the german national anthem and the 3 central valley news that formed the foundation of this country how have these values developed to

be sure to come here use it to live by and defend the principles of unity justice and freedom no one is free to ignore. our journey. serums starts october 21st on d. w. . south africa wants to attract private investment stress and force us says his government is working on restoring institutions on securing private investment to boost the economy also coming up the nobel prize for economics goes to 3 economists from india europe and the u.s. we'll have a closer look at the favorites. and europeans love avocadoes a great opportunity for the field to explore its up export tension. welcome to

business africa i want to get jones in berlin thanks for joining us south africa needs to secure private investment to save its public institutions and to get the economy moving again the country's president says africa's most industrialized nation is struggling with lackluster growth high unemployment and a heavy debt burden especially from state owned enterprises president cyril ramaphosa said that south africa state owned airline is open to outside investment and in talks with potential partners he also said that to attract investment the government needs to reform fiscal policies stabilize its debt and reduce liability risks. a more let's bring in bronwyn seaborne news editor at business day t v in johannesburg are proud when they're around a quarter south africa is open to the participation of the private sector now the practice is the country right now to investors. well if you take a look at a recent report from rand merchant bank which rates african countries in terms of

their investment attractiveness you either provoke a come in 3rd place which is not too bad but when you consider that a healthy part 3 years ago you can see how the country has down the ranks and it's largely because in this. state owned enterprises because they need these big government bailouts and there are a lot of pressure on the countries and their contents raising agent work you risk for investors as well that army does take note that should take me structural reform at state owned enterprises south africa could improve ranking and we're really starting to see that happen because this week we're along the river the plan for our state. comping published which will come at the structural reforms that investors all the people and of course another well known state owned enterprises carry a south african airways any outside foreign interest and savings that carrier.

does seem like there is some foreign interest in one of those players taking other stake in south african airways but there's been no confirmation of who exactly that could be but whoever they are they simply going to have to have deep pockets because if you take a look at south african airways they haven't made a profit since 2011 and even the government has given me a line a bailout of 300 and even 6000000 dollars the airline still needs more so given that and if you can take a look at some of the. thank you lace and and from the reports that are out there you can ok an airline emerges as a key player and someone that could potentially take up and take european airlines has already indicated that they would be quite interested in taking up and they can call the african airways and i think it's a good point because european airlines is africa's biggest. airline and they come

in to be profitable as well so not only would they have the financial muscle to help out if they were going to come with a lot of. that is a good point you know absolutely interesting tire there on the horizon and bronwyn from business day t v and john aspera thank you so much. president keeps weighing on the british pound sterling slumps likely today against the u.s. dollar and the euro following its gains on friday the decline came after the european union demanded more concessions on london's bricks of proposals leading to less certainty that a deal will be done on friday the town surged to a 5 month high against the euro on hopes of a brics a breakthrough but as e.u. ministers met in luxembourg uncertainty again dragged the british currency down one percent against the dollar and an even bigger slump against the euro. i think expectations were so low in last week that any sign of progress or the very fact that they talked in break down and acrimony really caused that big bounce the pound

has reality sets in and there's no when it's there is much more to be done to make even the slimmest of progress towards a deal when you british prime minister boris johnson says he wants to strike a deal at an e.u. summit this week to allow an orderly departure oct 31st but if an agreement is not possible he'll leave the united kingdom out of a bloc without a deal even though parliament has passed a law saying he can't do that. the 29 nobel prize for economics has been awarded jointly to ban energy esther do flow and michael kramer for their pioneering studies on poverty and economics prize was 1st awarded in 1969 by the swedish central bank as an add on to the other nobel prizes the economics prize wraps up a nobel season but so far had only seen one female laureate. and that's changed but not too was my colleague rob watts who who kindly joins me in the studio to

tell us a little bit more 1st of all about those 3 winners what did they do yes or as to flow a bit it's been a jay and michael kramer of all been awarded for what it was phrased as their experimental approach to alleviating global poverty the key phrase there is experimental approach because what this trio have done that others in their field have not done is carry out field experiments with some of the 700000000 people worldwide who are living in extreme poverty they've gone to these different parts of the world i'm done experiments to see direct plea how public policy affects those people so try to make it less a case of number crunching when it comes to coming up with ways to alleviate poverty but actually basing it on the real experiences. of those people so a real hands on approach as opposed to pure science in an ivory tower and now we

have to talk about the woman there because vested it's this chaos what does this tell us well yeah i mean this is a statement i mean so we have as to do flow today becoming only the 2nd economics nobel laureate there have been 84 nobel laureates in account in economics over the past 50 years 2 of those have been women so for every woman there are 42 men getting this award. i think it's fair to say that that's not great figures it doesn't look great so they'll be pleased to have at least added one more woman to this time around. she she has spoken she did a little q. and a after the announcement was made and she says that her receiving this award today shows that it is possible for a woman to succeed and also to be recognized for that success and she hopes that she can inspire more women working in economics and what about the prize i already mentioned that it's not strictly speaking a typical no bella prize but there's something very special this year yes as i

mentioned it started in 1969 says the 50th anniversary this year and you think oh hold on i thought the nobel prizes were much older than that and they are as you mentioned this is not one of the original nobel prizes that were set out by the nobel in his will some 120 years ago this one has been added on and it is controversial for the reason that unlike the other nobel prizes which are generally for science as always we also have literature of peace as well but the economics prize very much treated as a science prize however if and those working within the economics field admit that it's not really a precise science not really elevating it that could do more harm than good right drop what did i mean business thank you so much for filling us in. expects to dramatically ramp up its diamond production to try and to dig the

economy out of triple digit inflation and to growing problems in the next 5 years the country plans to increase diamond production from 3200000 carrots to $11000000.00 caribs zimbabwe's mines minister says raising mining output should earn the country $12000000000.00 a year the mineral rich southern of african nation rather sees the mining sector as its only chance to revive its crippled economy. and to ethiopia now where it projects set up by development agencies and the ethiopian government is trying to boost the export of avocados to meet driving demand in europe. for the 1st time in his life. harvesting his avocados for sale abroad he is currently one of the few ethiopians to export the famous super food most farmers still sell to the local market. locally we cannot sell in major bulk only in small retail quantities i'm hoping to sell at

a higher price for the export market. to exploit ethiopia's avocado potential development agencies the ministry of agriculture and the private sector have set up a project for small scale farmers like him. the goal is to make ethiopia competitive on the international avocado market this year the fruit is mainly bad for the u.k. . farmers are encouraged to increase productivity through modern an environmentally friendly methods this starts right in the ceiling nursery where young plants are grown using a grafting technique that mixes 2 varieties to grow stronger tree 30 minute. he looked in the nursery the seeds are grown and maintained and made accessible to the farmers they are able to get seeds which are not easily available so it's beneficial the farmers are improving their status and they become more productive.

ethiopia's climate and soil are perfect for avocado farming with a potential yield perfect air about 30 percent higher than in israel but convincing farmers to stay away from the local market is still a challenge the interest is however growing every year the just ticks are another obstacle it still takes up to one month for avocados from the northwestern part of ethiopia to reach european supermarkets the current cold chain system is also lying behind. one of the main challenge is the longer. the distinct line the controller on it but still we have to work to make it show mall efficiency and these things will come wheezed higher volume but according to overwork and honey it is difficult for farmers to adopt this long term vision and newly planted avocado tree will only bear fruits after 2 years too long for many farmers. used to we show them that.

they flood the cargo still they can make into cropping in between. can be death and maize for the family is easier to accept it because they know they can still have the on to. this year the target is to export 20 tons while this is still far off a commercial export level overcall honey is convinced ethiopia has the potential to one day compete with mexico which is currently exports in about 1000000 tons of opic otto's a year. that's your business update on thanks for watching. sure

as crap beautiful reaches the film in a castle and nuclear power plant. but most people in france approve of the use of nuclear power it's part of the country's national identity. more no more. 60 minutes.

story some people for information. they want to express. on facebook and twitter up to date and in touch follow us. this is g.w. news africa coming up in the next 15 minutes a political outside that is set to become too noisy as new president more importantly democracy was also a winner in the image. and that of all this one in mozambique but big some all warning democracy is under attack. then why do so.