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tv   Business  Deutsche Welle  December 26, 2019 7:15pm-7:30pm CET

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a recess and in berlin revelers in santa outfits jumped into a lake at the city's edge but so complete that at 5 degrees the water was to form. the brave souls everywhere you want to dover news from iraq behalf of all of us here thank you so much for spending part of your day with us we'll be back at the top the hour. every journey begins with the 1st step and every language with the 1st word published in the. code is in germany to learn german and why not with him simple online on your mobile and free shop d w z e learning course nico speak german media seem. to know that 77 percent of. our youngest and 6. that's me and me and you. and
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you know what it's time oh boy says. the 77 percent he told. you this is where because of. the 77 percent this weekend on d w. cut. kenya is posting solid growth but are ordinary people feeling the effects of the expansion we'll take you to nairobi one of the fastest growing cities in the world . also coming up rising rents have sparks under in the european cities from barcelona to virgin now real estate markets are bracing for the back last. this since business afrikan k. ferguson welcome. kenya has a condom he grew around 6 percent this year many investors have come to the country
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in the hope of availing of a young and still cheap labor force but as awareness of climate change grows discussion about economic growth is increasingly focusing on sustainability. nairobi one of the fastest growing cities in the world around 4 and a half 1000000 people live here double the population of 20 years ago shopping malls are shooting up everywhere to absorb the disposable income of the new middle class the economy is expected to grow more than 6 percent this year. time for more trade between african states these economists say they're skeptical of the growing criticism of this growth coming from industrialized countries. it was not just that for the environmental it's mostly western countries when they're saying that they're opposed to grow up the jailing people in poor countries to reign in poverty because in poor countries we're struggling to actually move out of poverty to
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a better well being and if someone says we should not grow simply saying we should remain poor we should remain stuck with diseases and farming. in kenya they're trying to ensure that economic growth helps to fight poverty. nairobi despite its smog and traffic jams is attractive to investors. one factor making kenya attractive is cheap and plentiful labor. that's drawing this indian manufacturer to the country to make. we as a manufacturer we are looking forward to a woman who fracturing program to start all manufacturing programs became after we see how the market is responding us. this is also growing industry waste management and recycling. the sector was born out of necessity as kenya became overwhelmed by the garbage of industrialized nations. the western countries one where they can
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offer support just across the world look at their own food print we should have a driven approach to to every way it in part or poor countries so that if there is a ticket for payment or compensation then that has to be something that is that the victim can use example shows that environmental protection is important but that economic growth is essential if the lives of the poorest are to improve. now for more on this i'm joined by joy to ring in uganda joy good to see you spend most of your time in kenya we saw in that report that the country has been posting some really solid growth of around 6 percent but are ordinary people feeling the benefits. it could be in different ways that they are feeling the benefits for what we know all kenya's economic growth is basically services driven
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and this means that this is the formal sector that is driving economic growth but this doesn't reflect really in the creation of jobs across the country because 80 percent of kenyans are employed in the informal sector which means they're half of the population or more than half of the population is not from the formal sector but the informal sector and these are people who actually can living and their standards of living also are highly determined by the simple sector also we can also put into consideration the fact that many factory as well he's one of the key players of economic growth majorly driven by the informal sector to. joy there's been a lot of discussion about the thain ability how much if climate change featuring in discussions about economic growth in kenya it is featuring and number of spheres because what we are seeing that the kenyan government is trying to do
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today is to fault most of its ministries according to the reports that we have been seeing and some of the news that i have been following is that most of the ministries in the current government are trying to incorporate climate change strategies in each and every of the 2030 strategies that they've come up with and this has to do a large need for security and also in the manufacturing sector they are trying as much as they can to reduce and the carbon footprint as well and this in a way kind of conforming to sustainability for other countries various strategies all the way up to the achieving there's a saying about development goals in 2030. and briefly if you can africa has a growing a youthful population unlike most of the rest of the world what do governments there need to do to ensure that young people are part of the economic development i believe that having the right education system would go
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a long way in preparing the young youthful people for the future because we have the young as 4 on the african continent the same useful population that coud be the energy boost that the entire globe needs because well africa is having young. the rest of the world could be having an aging population and for africa's used to be a ready for these jobs global leaders have to have a good education background with the right skills to be market ready for the future so entering farah thanks so much. christmas is barely over and the sales have already started in london bargain hunters lined up for hours in the rain hoping to get their hands on some cut price markets for them shopping online doesn't seem to have the same a feel. after the joys and excesses of christmas day comes the dedications hunt for boxing day bargains in britain's department stores. despite chilly temperatures and
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pouring rain hordes of shoppers lined up for the luge stores were slashing prices by up to 90 percent to get consumers away from their online outlets back onto the high street. it's still a lot more like 9 so that you go in and have a look and see what you have to find rather than just having the online to do don't know what you're going to get exactly is the best place to be able to say. this cancer is crazy you always pick up something. come up again. i thought i'd sell fridges in london's oxford street shoppers waited patiently for doors to open at 9 am. some analysts are forecasting total sales of nearly $5000000000.00 euros in the u.k. boxing day shopping bonanza. this year berlin's decision to freeze rents for 5 years made news around the world in the solid intense public discussion about the lack of affordable housing in the city our next report takes
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a look back at the campaign that led to the introduction of rental cars and the german capital tenants in berlin have been fighting for their rights last summer they led an initiative calling for the nationalization of some of the property owned by real estate companies they wanted city to hold a referendum on the issue 1st began with similar referendum question is based on article 15 of the german basic low it states the property may be transferred to public ownership for the purpose of socialization the article has never been invoked. in terms of history and basic low and also the market economy we see this is utterly unthinkable can we call upon the city government and the federal government to put an immediate stop to this whole affair. the german capital is witnessing a battle over affordable housing between tenants real estate owners and politicians there's an acute shortage of living space berlin has a deficit of tens of thousands of apartments. speculation is on the rise in the
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last decade seen rents double. at the same time there's a construction boom entire neighborhoods are sprouting up like here in the district of prefix hine this housing complex is brand new tenants are paying up to 16 year olds per square meter a studio apartment cost $350000.00 euros making it financially out of reach to many but they are just and enough affordable apartments for rent owned by public housing associations like this one a 54 square meter apartment for $500.00 euros a month in the heart of the city a place like this will always attract a lot of interest there's like poured in 50 people sometimes you have more than $100.00 anybody really depends on like dilatation price everything contribution which i used to live in paris and i felt 1st of paris with was difficult but now
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you know it was easy and there is finding a balance is the motivation underlying this construction project at alexanderplatz in berlin the former east german house of statistics is a prime piece of real estate with a steady $50000000.00 euros it's undergoing an extensive renovation when it's ready it won't be a shopping mall or a luxury hotel it will contain $300.00 affordable apartments small businesses as well as facilities like childcare centers and studios for artists. the property was bought by the city and it is renting space to the district of mit is housing authority and an artist collective among others. property market is defined by profit but in this case that just doesn't work what we need in berlin is affordable housing but what's being billed as expensive if it goes on like this we won't have any culturally diverse spaces are not the necessary
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social infrastructure we need to put a stop to the situation which is spiraling out of control. political efforts must be made to ensure the market remains clear in berlin. german airlines is bracing for more strikes after the union representing top and cut staff said it would be launching strike action within the next 2 days before the year's end its a long running dispute recent months of already seen. for look council subsidies on a 2 day strike which crippled lost tons of international network in november 1500 flights were canceled with around 200000 passengers affected. how is europe's loss of strain has gained out of the country's tourist board is hoping with a new $15000000.00 campaign that pokes fun at breakfast with mates song performed
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by a stray as biggest pop star kylie minogue the audience to lure post-breakfast brits down under and away from europe was aired ahead of queen elizabeth's annual christmas message in the u.k. and while it appeared to go down well some people on social media pointed to astray as ongoing bushfires as a reason to avoid visiting the country. and that's it for me in the business team here in berlin for more do check out our web site that's the w dot com slash business you can also find us on the social media for me on the team it's goodbye and take care. to.
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live. in. africa a research project climate protection students from 20 countries involved in a scientific expedition the teach us. collect samples from to devise for the same time in the good sense of the standards of the projects will help them to spread environmental awareness by cause. he wants to share that there's a lot that we can be cold comfort. people.
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take for. granted with little. to make the game so special. feeling true for. more than for. mine. hello and welcome to the new edition of africa wrote you by did a few in germany n.t.v. in uganda and channels t.v. in nigeria i am saundra to no good reporting from kampala he.

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