Skip to main content

tv   Business  Deutsche Welle  November 7, 2019 7:15pm-7:31pm CET

7:15 pm
eat. eat. where i come from we have to fight for a free press and was born and raised in a military dictatorship with just one t.v. shadow and a few his favorites when official information as a journalist i have walked off the streets of many can trust and their problems are always the same core to the social inequality a lack of the freedom of the press and corruption we can afford to stay silent when
7:16 pm
it comes to the fans of the human francine or microphones who have decided to put their trust in us. my name is johnny carson and part of the. tough times the holding back south africa's economy you don't have shows production slowing growth is also slowing and the government still is under the threat of losing its investment grade credit rating. and 30 years since the fall of the berlin wall and look at how some towns along the full of border are still prospering from the turn of events and want east germans rise through the cold pro quo of the west. and in physical and let's do business. more bad news for
7:17 pm
the south african economy manufacturing output dropped for 4th consecutive month in september as the country struggles to overcome a decade of slow growth basis factory production and africa's most industrialized economy fell by almost 2 and a half percent of last year the drop was more than analysts were expecting to 10 sectors and about a factory production index on the food and beverages share growth last week south africa lowered its growth forecast for this year it's you said. over to bronwyn seaborne in johannesburg. bowen how do you read the figures. so if you take a look at the figures that were released today for the manufacturing sector you can see that the pace of the contraction has picked up pace it's dosser for september which is the latest start of that we have access to and that shows a decline of 2.4 percent year on year that's a slide from the 1.5 percent contraction that was reported in august and it's also
7:18 pm
a bigger context and then most analysts had expected as well if you drill down into the detail to look for some of the reasoning behind it you can see that it was quite a broad based decline there wasn't one industry that really laid the sick to low and it comes down to the fact that there's just weak demand locally at the moment consumers are really under pressure these high levels of unemployment so they're not looking to part with the hard earned cash for made in south africa goods it's also important to note that the september figure brings to an end the 3rd quarter and if you look at manufacturing for the 3rd quarter it's really just a decline of 3.8 percent quarter on quarter that of course is going to be the figure that they look at when they put together all overall g.d.p. figure for the 3rd quarter and so a decline all 3.8 percent from the manufacturing sector is really going to weigh on growth. so how would you say the general economic economic outlook is.
7:19 pm
well as you can see from the manufacturing sector which is a key driver of our economy we're really in a tough position at the moment just last week we had our finance minister tito when he delivered the mid-term budget policy statement and in that statement he revised growth in order to not point 5 percent and growth is really struggling at the moment for the all i really a number of reasons but it does come down to a leopard suma confidence and business confidence and government being also in a very tight position with the fiscus they're having to prop up all state owned enterprises with bailouts they also that they can ill afford so there's just a lot of pressure at the moment and that's why we're seeing growth come under pressure like it has been but some people do believe that presidents are i'm opposing is very aware of the situation and he's looking at things like fiscal
7:20 pm
consolidation and changes at state owned enterprises which should then boost confidence if you seem to address those things and used in confidence we should see growth pick up. problems he brought in johannesburg. now to some of the other business stories making news could this be the long awaited breakthrough with the u.s. china trade dispute washington and beijing ever border they agreed to cancel tariff hikes if they agree to a 1st phase of a trade deal a chinese commerce ministry spokesman says in such an instance the 2 sides would scrap tariffs proportionately efforts to resolve a months long trade dispute have intensified in recent weeks. 2 of the original tech sector pioneers a lining up for a merger. xerox has made an offer to take over computer and printer because your package h.p. confirmed the company's have held talks about a potential tie up in the past both face difficulties as the demand for
7:21 pm
a printed document sitting of way. has canceled hundreds of flights today and tomorrow after cabin crew launched a true day strike you where for trade union is demanding higher pay along with better access to regular employment for seasonal workers the airline says the costs of the strike won't affect its annual profit target of 2 to 2400000000 euros. this week marks 30 years since the fall of the berlin wall it paved the way towards german reunification and shaped the economic fortunes of the nation many towns on both sides of the 1400 kilometer border between east and west suffered years of neglect while germany was divided among them was. located in the former west a little was invested there until the end came down in 1909 and businesses there have embraced the opportunities offered by reunification. it's midnight and the
7:22 pm
logistics center for $24.00 plus in part has flooded is bustling $750.00 tons of products are transept in the warehouse every nice the products come to the transfer point from all over germany to be loaded on to other trucks their arrivals and departures are timed to scifi to save money 20 years ago peter baume on was a logistics pioneer in the half those regions that dominated by the time this area was pretty remote without a lot of road infrastructure but that has changed dramatically for us in the last 20 years when it comes to shipping the road network has been built out now and it's very extensive. that would also be bored working. several highways cross here there are important connections in all directions now all the big players in logistics are in the region. here at the former inner german border the east german watchtower and barbed wire have been turned into a memorial band who works for the local government here he's responsible for
7:23 pm
welcoming new companies to the area he experienced the border here opening in november of 1989 but these days he has other problems in his district there's hardly any more room for new investors. the to be helping those companies is getting more and more difficult because there are fewer properties large enough to serve big companies and it's hard to find suitable personnel when there's not an employment rate of only 4 percent. of. the properties that companies look for are close to the highway like in the time a fleet of. there's a lot going on in the business parks here near the logistics centers there are plenty of small and mid-sized businesses like this other tronics company in the past employees here built simple switch boxes but today they're producing complex automation technology. employees from former east germany
7:24 pm
so for us it was definitely a positive development today there's no trace of the former german german border in this area. back to the logistics firm $24.00 plus the companies are testing ground for new software and they just stick solutions everyone here is thinking about digitalisation barbed wire and border walls were forgotten here long ago. well about 2000000 east germans headed west after the wall came down among them many qualified women. many made it into west german company. that did i met her at the border crossing. you grew up with. and then suddenly you ended up with. that must have been a shock it took i guess 6 years before i had my 1st b.m.w. when i came to. my 1st car there was
7:25 pm
a course 10 years old when i bought it and that was already a for me to have another off. but i was always thrilled by car. even as a kid even as a kid i had more matchbox then. i have 2 older brothers so that there was no option so the male dominated car industry wasn't wasn't really a challenge for. i wasn't afraid of it i i knew. i have to speak the language of the other so i know more about the horse power than about the colors of the car so to say it was so fascinating to see that every car on the production line is different not only by color but also by interior and. in east germany that you had 3 weeks where the same time in the same color with the same options was produced and then it was changed and you could also not choose
7:26 pm
which options were in the car that you got delivered so one thing that doesn't seem to have changed is that there are so few women working in your area and so few women in leadership positions force one is working very hard on diversity and inclusion in the whole 1st one group we do have a chief human resource officer at bentley and no just recently also i was. a woman that was appointed so i'm not the only one anymore and i'm glad for that and i hope that this development continues so would you say you've profited from a major crisis of a system twice now the fall of the wall and then these ok. i think it's fair to say that yes. i would probably not be in the position that i would now. i do think that. the changes in the system that the wall came down and.
7:27 pm
pushed my country and in 2 instances. and how are you dealing with these ok now there's still a lot to do. when i joined. in 2016 i said to my colleagues it will take 8 to 10 years to clean out have you been able to benefit from the your fair. use push towards immobility for example i mean it was quite late 1st one was also in the past in many instances often a process follow on but yes i think. awareness of climate change and gate are 2 factors 2 is thankful i was targeted towards the mobility so what's the future of mobility by 2040 we will have a lot of i don't know most cars driving around and what about women in leadership positions i hope that doesn't take till 2000 for the until we have. parity.
7:28 pm
in the workforce. finally a sweet has come up with a novel idea to stop the poaching of financial risk on the wildlife photographer is collecting fingernail clippings from donors and to crush up and make into medicine human fingernails and rhino horn of both made of keratin which many patients believe can kill real misses and so as an effort. is no scientific evidence of this and no evidence yet customers switch from one to nail. icing visited. the for.
7:29 pm
to the point strong opinions and clear positions from international perspectives. it's 30 years since the fall of the berlin wall germany celebrating with a movement against too. many in eastern germany says they've been left behind and feel like 2nd class citizens. find out onto the point. of. 60 minutes on the t.w. . oddly enough puzzle yourself it's not easy to go to another
7:30 pm
country you know nothing about. this because we can't stay advantage where i nag on almost a point that. costly global news that matters d.w. made for mines. this is a deputy is africa coming up in the next 15 minutes troubled water ethiopia is building what will be africa's. biggest hydro electric dat bats each of the project will threaten its water supply. the congolese warlord got to has been handed the international criminal court's highest ever jail sentence has justice finally been served. and they defeated criminalize ation but which one is l g q community say's.

23 Views

info Stream Only

Uploaded by TV Archive on