tv Business Deutsche Welle February 14, 2020 6:15pm-6:31pm CET
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how they. can rates are giving. us all at the top. of the boy i. love his little brother because he keeps quiet and stands out of the way of a whole world there's a type of alcohol has business south africa in just a moment. they were forced into a nameless mass. their body use your tools when. the history of the slave trade is africa's history. just. for power
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and trough it plummeted and entire continent into chaos and violence. this is the journey back into the history of slavery. i think we will truly be making progress when we all accept the history of slavery as all of our history. our documentary series from slavery routes starts march 9th on d w. for the 1st time zimbabwe publishes inflation figures but there is some skepticism critics say the figures also putin too optimistic because the government looks at the wrong kind of data and doesn't have a painting a rosy picture. also coming off you tube turns 15 we'll look at. web site
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designed to share personal videos turbocharging africa's problem using see in. germany must clear the way for immigrants to join a labor market much in need of workers. this is business africa yoplait an african and global business news as welcome zimbabwe struggles with high inflation the country has been in a severe economic crisis for years it is mainly due to mismanagement of the long time president robert mugabe who was overthrown in 2017 since then the new government is trying to improve things but inflation is still on the rise in january consumer prices went up by a little over 16 percent last year the annual inflation rate in zimbabwe was it 521 percent that makes life on affordable for millions of people so 6 percent months on monday any fears estimated to be well over $500.00 let's bring in our correspondent privilege most from here in harare
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a privilege some critics say even this figure is an understatement why's that. if you look at it critics could be correct looking at the situation on the ground. most people are struggling at the moment the economy is struggling if you look at what has been obtaining is that if you have a country with fuel goes up every 4 tonight it has a really full effect on business consumers and everyone because what happens every time when the price of fuel goes up the cost of living is also going up and businesses are forced to change prices every time so you find that where is the government saying is it $1651616.00 or 16 percent month on month it could be higher than that because what is happening on the ground is not really
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a does not really tally with the figures that the government is issuing. the government has been trying to get inflation under control for years why is it not working. it's because of a number of factors chief among listed is. zimbabwe is at the moment. production on industry is very low and days a lot of imports that are having to come in and we have a very unstable currency in zimbabwe the government decided to go back to the zimbabwe dollar but if you look at it the currency is very unstable. you also look at the fact that zimbabwe has not been able to access created lines from international lending institutions to improve. industry and infrastructure for a long time so it's
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a struggle for the current government to be on trick because or so there is an issue of police in inconsistences if you look at what the government is trying also to implement these a lot of things that are changed overnight are where they introduce one thing today . in less than a short time they are also they are changing the same policy so you find that these no one who come to such an economy to invest thank you very much privileges for. thank you. the world bank and the international monetary fund say that somalia is now eligible to receive debt forgiveness under a special program to help the poorest nations locusts have this decimated food supplies in the east african country and it is also facing a debt load that measures $5300000000.00 us dollars at the end of 2080. i.m.f. chief crystal ino george ever called the decision historic day that you spoke to at
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the munich security conference they were discussing it's. one of not many friends once it's been a conference and you know this is the only. eat this war we expect that feat to be finally reached once. all the. way. through towards anything. today marks 15 years since you tube was born the site was set up by 3 former colleagues of pay pal to give people a place to share clips online a decade and a half and countless cat the videos later it comes over $1500000000.00 monthly users and there's a $15000000000.00 in ad revenues last year is a look at how it all began. here are.
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you tube very 1st video could scarcely have been simpler during his trip to the zoo co-founder jahvid karim had no idea what his primitive creation would become just a year later he and his friends chad hurley and steve chen would be striking the deal of a lifetime where they think you today we have. been acquired by google thanks less than $1650000000.00 since being bought by the world's most visited web site you tube itself has become the world's 2nd most visited web site. and it's not just john fit chad and steve who it's made rich it's created our own unique brand of celebrity the most successful you such as hyperactive sweet purity pie make in excess of $10000000.00
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a year. over the past 15 years you tube has become more than just someone to share videos branching out into music and subscription services and then have a 70 languages now you tube is contributing $15000000000.00 a year in ad revenue known as google alphabet if you told them that would be the case back in early days they might well have now. joined in the studio with my colleague to promote. what was a site like back then well the site was quite different was more about fun about video than people also uploading some copyrighted material waits for some of us living here in germany made it possible to watch us content there were no ads so that has changed a lot to you you know you get a couple of ads depend on how long the video is and then of course that's where you
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tube now generates its you know revenue and it's quite annoying sometimes exactly as it is. you should change the way we consume video who do you think has been of benefit from the platform in africa the most in terms of africa the people who've benefited the most i'd say other musicians for them you tube has offered them a big audience and a continent had a problem still has a problem with music piracy and what it did is it opened up a huge you know just made an opening and made people like me living abroad possible to you know it made it possible for us to watch african music but also people who are unaware of what african pop music was and then of course we got stars like the bands from nigeria and of course peace squared as well and one of the we. you know musicians became really like household names for some people it was because of you chew and that we now have artists like wizkid from nigeria who has collaborated with a global star like drake beyond seas collaborating also with african artists so african
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music has really gone global in part because of huge and that's definitely the big winner in africa music. supervisor bello thank you very much for this insight. germany's ageing population is a problem for its labor market migrants with a solid solid basic education from places like syria and some african countries have been tipped as a possible solution but in fact finding a better way to the country's labor markets with a new report from the organization for economic cooperation and development the o.e.c.d. says also in full migrants need help finding training as well as more assistance to be able to succeed on the german job market while they remain there are some stories with hope. bashir tajik is performing
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final checks at the maintenance dept of hamburg inner city rail system he's almost there the 30 year old came here with his wife from afghanistan and 2015 now he's just about to finish up his apprenticeship as an electronic technician. for me personally it was difficult because german is not my native language. it's been a long time since i was in the school room. so i had to start learning from the beginning again after 10 years. before the migrants start their training to take introduction classes to get them ready. some $400.00 young people have done the courses already at the german railway. these courses they get the necessary grounding in subjects like german math english and physics. the young men here come from syria afghanistan iran
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and iraq for them their goal is to get a technical education at the homburg esp on. an apprenticeship in germany means taking teary classes in a technical college then practical work on the job it's a challenge for instructor bent look. many students have come straight from war zones and their school days are long behind them. we have to make it clear that it doesn't really work without extra teaching and in some cases retraining and we invest a lot of time to make sure that all trainees graduation the same year. why not simply. is training to become a mechatronics engineer in syria he just graduated high school when he fled he's done so well now that he will take his final exam 6 months ahead of schedule.
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getting an apprenticeship in germany is something really important to him. i just think aren't. for the money and i'm thinking about my future with my training certificate it will make things a lot easier i can work anywhere i want it i can earn more money there are more opportunities. things will be different but. nationwide more than 50 refugees are doing vocational training at the german railway once they finish their much in demand germany has a shortage of skilled workers so this is a win win situation. that's it from me on the business. news africa history month what's up next.
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successful radio drama continues this season the stories focus on hate speech prevention and sustainable charcoal production. all of us so those are available online and of course you can share and discuss on africa's facebook page and other social media platforms. crime fighters tune in now. the 1st. this is day that maybe is africa coming up in the next 15 minutes the wolseley play is in security policy all meeting in just. many africa's health region is high on the agenda the growing conflict there is seen as a threat to global security. and the birth defects and serious illnesses that people in south sudan say of course by the country's dirty oil industry.
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