tv Business Deutsche Welle October 31, 2019 6:15pm-6:30pm CET
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over the past 20 years terran has hired artists to design mesmerizing illuminations the lights will be switched on after dark every day until the 12th of january. coming out next business news with business news africa i should say with my colleague and pursuant and iraq and a seat at the top of the hours. after
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the move to. the middle. a new wave of consolidation in the car industry here chrysler and one to create the world's 4th largest automaker to confront big shifts in the future globality. ugandan entrepreneurs mission to do away with plastic and move towards whole sustainable solutions. that has any in fact was try swapping their crops with vanilla to cash in on astronomical market prices but it's not an easy switch. and
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invisible and lets do business the race is on to develop electric cars and drive a list technologies and automakers a teaming up to boost their chances of getting a podium position for chrysler and. have confirmed they intend to merge a 5050 split with their headquarters in the netherlands. feet chrysler is under pressure the italian american company has failed to invest in electric mobility its man brands chrysler dodge and jeep still rely heavily on older gas guzzling technology france's peugeot citroen is more advanced when it comes to technology but it doesn't have a big foothold in the u.s. . that's why the 2 companies are merging and the french government which holds a 10 percent stake in peugeot backs the move.
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we believe that getting stronger and becoming the 4th largest car manufacturer is the best way to protect jobs and to guarantee that we can compete effectively and fight for employment one point. after folks wagon toyota and then only sun the merger creates a carmaker with a global sales volume of about $9000000.00 vehicles are nearly. but the deal is not quite done discussions over the final terms and legalities have yet to be finalized and there are also potential antitrust obstacles. i asked analyst horst which comic is could budge next besides chrysler and as you well i think these are really the big ones that have been a play for a while now real needs to try and find a new partner or fix its relationship with nissan i think we have still open questions in germany it's going to happen with b.m.w. and mercy it is big enough to withstand all these challenges moving forward i think
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you know volvo car business and tire toss and checker landrover business they're also you know both too small to really survive they're not generating cash flow decent enough to survive so there are a couple of threats but most the big ones we've now seen quite a bit of conservation. fell to some of the other business stories making news boeing says cracks have been found in up to 50 of its popular 737 planes the global inspections 2 of quantas as planes are reportedly affected but the airline has so far rejected calls to ground its entire 737 fleet. as the pro-democracy protests continue official data confirms hong kong is in recession. shrank by about 3 percent last quarter months of unrest of pressure on an economy already reeling from the u.s. china trade war. president donald trump says the u.s.
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and china will soon choose a new place to sign a phase one trade deal in november the idea was to finalize it at the apec summit in chile that was cancelled of the mass demonstrations that so death center rests. and germany's highest court has upheld the acquittal of 3 former bank managers who were accused of fraud the case against boy. related to the bankruptcy of the kish media group in 2003 the ruling is final. began to continues to struggle with the impact of plastic waste on the environment the government is reconsidering the total ban on plastics offered spot pushback from manufacturers for this next entrepreneur says there are so many alternatives that a biodegradable and affordable. to choose the bismuth cereal you know since she would die as they would selection himself. and the teas one room want ship he said
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it is to make at least 3 power extension plugs a day he's keen on 50 so the train. in fitting the y. is and the popular. 2000 each piece before the stage where a few 100. can get to protect treaty. price. we came up with the idea of making power extension plugs after noticing the quality of the imported k. was from china some of turned out to be substandard and have caused electrocution and wanted to correct that. issue which was wood because it is readily available in uganda and that you could put to use cuts from big fun just tools and in line with the need to protect the environment you wanted to help his city. which is a radius chart dealing with plastic waste. and what. if wood is disposed of to the environment it can easily decompose which is an advantage over
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plastics. it's now too he has a nice older 1000 pieces his clientele too is growing. i've given up on extension plugs and resorted to what i thought was strongest sockets which i later found out were also substandard however since i started using the wooden plugs i've no complaints. uganda manufacturers and imports tons of plastics every year she would believes that ideas like his and inspire more eco friendly businesses to support his country's sustainable path to development. let's go over now to georgia. in the kenyan capital library joy there is someone with a great idea why why isn't this guy taking his idea and taking the african continent by storm or even globally. well to start with ben i think that most of
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these innovations are technology based innovations that are happening on the african continent and so because of the demographics that we have the reasoning need for a change in mindset of most of the africans on the continent because the adoption or adaptation of technology in some instances is a bit lower also because most of these innovations for instance are targeting the demographics between the ages of 40 and about so adoption of them is going to take quite some time but that doesn't mean that you know these innovations are not going to take off also there is the course the challenge of law investment by african governments due to her ties asian african governments have not really paid much attention to innovation countries like kenya have increased budgetary allocation to innovation and youth programs or technological programs but that's not happening
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across the continent and then of course there is the barrier or dipping duplications of innovation where we are seeing many africans many african innovators coming up with the same ideas in different african countries which makes it difficult to market or even take to global stage and you talked about governments there what about access to or state funding or private funding if you do come up with a great idea. right the procedure all getting your ideas straight through to the government is also one tacky one because of the bureaucracy of course that isn't bold in having to pick your idea and having the government you listen to because of the demographic of the innovators as well most of these innovators are young people who are probably between the ages of 18 and 35 maybe at most 40 years old so having them to convince the governments that these innovations
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are going to change the want to change the read the continent works we print that takes quite some time but when the government is interested or shows interest in these innovations actually do take all and are marketed even on the global stage the best example of this could be kenya's best. platform that has since gone global during bear for a 2nd capital larry i'm sorry we have to leave it there. that you think vanilla would be fairly common it's in so many products or my favorite ice creams but it's actually very little of it on the world market that's why prices are astronomical it's more valuable than silver and that ought to be good news to the farmers who grow it in places like tanzania but it's anything but easy money vanilla is delicate and very valuable to harvest pods of the highest quality it takes
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a lot of care and a lot of time so she what planted here on pemba island in tanzania pinella has only been grown since the 1990 s. many farmers here switched to vanilla hoping to capitalize on booming to manage for the fragrant spice and in the high prices how much he had he cares for more than 7000 finola plants he has to protect them from harmful insects as well as from thieves when the harvest season approaches. the time from planting to harvesting depends on the quality of the soil. if the soil is good it will take 3 to 4 years to start producing. any ones are welcome but it also depends on the seedlings you want to give me if you live big looking. for grown on plantations has to be pollinated artificially.
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it's a difficult task but on pemba island there are now $250.00 vanilla farmers. this is farmer slim helfand said entire annual production it's about half a kilogram that in the name i have already started benefiting last year i made over 250000 shillings or $110.00 u.s. dollars and this year i'm expecting over 500000 shillings. will keep earning more money in the coming years. and. the world market price for the spice has exploded from about $30.00 u.s. dollars per kilogram a few years ago to around $600.00 u.s. dollars now. this is also due to bad harvests and drought and that's something the farmers and pemba worry about they've joined together in a cooperative to protect their crops. we do not discriminate between our farmers that we give the seedlings to all our members. but if one does not take
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care of them we do not give them more living although in the year you have been as you are all the farming activities through our agricultural officers. everything that is produced on these plantations and goes to britain they're a cosmetics company uses a lot of vanilla in its products for now it's willing to pay a lot for this rare commodity. fitly work but that profits business with.
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on w. i'm not laughing at the germans because sometimes i am but most end up with the german things deep into the german culture. thea newton seem to think there's grammar there to you because it's all that who know i'm rachel join me for me to get bundled up post. this as d.w. news africa coming up on the program for weeks they had demand that dignity and a safe place to cold but once the police in cape town launched a brutal crackdown of protest and migrants many now want to be anywhere but south africa. is that we're going to be safe where we're going to feel that we've been the commands as a human being not just for not like she could because we're looking to be slow today is.
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