tv Business Deutsche Welle October 31, 2019 7:15pm-7:31pm CET
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on the very day breaks it was supposed to happen but didn't a colorful politician is bowing out of british politics while some may applaud his departure others will miss the man who try to put this house in order. and forget about coming up next a business news africa with been filling don't forget you can get all the latest news and information by heading to our website www dot com thanks for watching. the . stories that people are all done for t.w. on facebook and twitter up to date and in touch follow us. with them how to be done to go sagal as well lions how you know if i had known that the bird would be that small i never would have gone on the trip to cuba i would
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not have put myself and my parents so much danger to the bottom of the material to give us leave the world. but that one little bit to give them i had a serious problems on a personal level and i was unable to live there but it meant i'm going to. you want to know their story informally grin scarified and reliable information for margaret's. a new wave of consolidation in the car industry here chrysler and petrol once we create the world's 4th largest automaker to confront big shifts in the future of mobility. the ugandan entrepreneurs mission to do away with plastic and move towards goal sustainable solutions. at all 10. living in fall is try swapping their
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crops with vanilla to cash in on astronomical market prices but it's not an easy switch. to take physical and let's do business the race is on to develop electric cars and drive a list technologies and or remake is a teaming up to boost their chances of getting a podium position for chrysler and. have 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. you can see there
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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. 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 car makers could merge next besides fear chrysler and visual. well i think these are really the big ones that have been at play for a while now reno 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.
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and mercy it isn't big enough to withstand all these challenges moving forward i think you know volvo car business and tonto's and sugar land rover 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 grams but amongst the big ones we've now seen quite a bit of conservation now to some of the other business stories making news boeing says cracks have been found in up to 50 of its popular 737 in g. planes after global inspections 2 of quanta says planes are reportedly affected but the airline has so far rejected calls to ground its entice 737 fleet. as the pro-democracy protests continue official done it confirms hong kong is in recession because the most important shrank by about 3 percent last quarter months of unrest of pressure on an economy already reeling from the us china trade war.
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president of trump says the u.s. and china will search 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 deaths and arrests. and germany's highest court has upheld the acquittal of 3 former bank managers who were accused of fraud the case against the boy. well they did to the bankruptcy of the kish media group in 2003 the bulling is final. began to continues to struggle with the impact of plastic waste on the environment the government is reconsidering a total ban on plastic sanford's pushback from manufacturers but this next entrepreneur says there are so many alternatives that a biodegradable and affordable. to choose the biz material innocent as they would selection himself. and the teas one room want shop he said it is to
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make at least 3 power extension plugs a day. he's keen on safety so the trained electrician takes caution in fitting the why is and the popular. it takes him about 2000 each piece before the stage where a few 100. can get to protect treaty process. we came up with the idea of making power extension plugs after noticing the quality of the imported k. was from china some attend out to be substandard and have caused electrocution and wanted to correct that. if she matures would because it is readily available uganda and that you could put to use both cuts from big fun just tools and in line with the need to protect the environment he wanted to help his city. which is a radius sharp dealing with plastic waste. and what. it would is
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disposed off to the environment it can easily decompose which is an advantage over plastics. it's now too he has a nice older 1000 pieces he's trying to he's growing. i'd 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 manufactures and imports times of plastics every year she would believes that ideas like his can inspire more eco friendly businesses to support his country's sustainable path to development. let's go now to joy. joy there's someone with a great idea 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 these
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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 at 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 cost the challenge of law investment by african governments due to curry 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 you know beaters 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 idea of 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 listen to it 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 or maybe at most 40 years old so having them to convince the governments that these innovations are
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going to change the world don't change the read the continent works we print that takes quite some time but when the government is interested or shows interest in these interventions the actually do take off 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 their 1st make any 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 there'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
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valuable to harvest pods of the highest quality it takes a lot of care and a lot of time social quest and i'm 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 then on the high prices come out he had people who cares for more than 7000 vanilla 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. but it also depends on the seedling and see what if you live big looking. for grown on plantations has to be pollinated artificially. it's
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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 learning 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 in pemba worry about they've joined together in a cooperative to protect their crops. we do not discriminate between our
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farmers that we give the seedlings to all our members. but if one does not take care of them we do not give them more and the following year. as are all the farming activities through our agricultural officers. everything that is produced on these plantations and goes to britain there 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 nice doing business with it.
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in 60 minutes of t w. after the fall of the berlin wall nov 9th on do you w. this is d w news africa coming up on the program for weeks they had demand that dignity on the safe place of gold but once the police in cape town launched a brutal crackdown on protests the migrants to me now want to be anywhere but south africa. they suddenly couldn't be safe where we going through that we've been the commands as a human being not coaches or not like she can because we are looking to be slow
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