tv Business Deutsche Welle February 25, 2020 7:15pm-7:31pm CET
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baucus died at age 91 he ruled egypt for 13 walked for 30 years from 90 minutes long until he was ousted to an arab spring the son said he had recently undergone surgery. that spread it was open with business africa will have more news not the top off the top of the day. set. to go beyond. the morning live.
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as we take on the world. we're all about the stories that matter to you country but what ever it takes from a cut. made for mines. the spread of the coronavirus keeps dragging down global financial markets asian officials continue mass spraying campaigns both governments take fiscal action and companies from around the world brace full for the show hedges. the chinese buyers pose as you get it in whole history book elsewhere as a business summit starting to markets like india over the middle east. and the 1st
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state visit by a german president to kenya. to strengthen ties to provide a stabilizing force for east africa. and then fizzle when it's their business investors from johannesburg to new york are adjusting their portfolios companies a shift in production or shortages as panicked by the coronavirus has whole economies on edge the world health organization has criticized africa for being too slow in preparing for the spread of the virus today it says the world is simply not ready. the rapid spread of the corona virus has stock markets around the world on edge on monday some exchanges saw their steepness one day decline since 2015 today markets are continuing to slide in the u.s. and in europe the virus is rattling nerves. that's a very serious thing but we think we're in very good shape in the united states we've essentially close the borders to areas where we had
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a close the world health organization says the world should brace for a possible pandemic a situation where an infectious disease spreads easily between people in many countries. now is the time the pair. phase of preparedness for a potential pandemic the south korean capital seoul is quiet it's too late to prepare for the pandemic instead authorities are disinfecting the main train station new cases are being detected around the world such as here in palermo in sicily that means that business as usual is becoming impossible. there is of course an economic impact to you to the suspension of activity including for the regions directly affected but we are ready to deal with this emergency you'll see that we can manage to limit the negative impact including the economic impact. the hotel in turn a reef with
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a 1000 guests and spain's canary islands has been in lockdown after a person tested positive for the corona virus as cases emerge and tourist regions like croatia and austria some experts say the economic impact of the virus on the travel industry will be felt in every corner of the world. in uganda the outbreak from china is forcing businesses to look elsewhere for imports despite appeals from chinese leaders that the situation is not as bad as betrayed by the media many ugandans are considering alternative trade markets like india or the united arab emirates therefore thank you for your support and you're in the heart of. this 14. market this mine is assuring foreigners that china is safe for business. this is your actual service i never related feature shows or the shops in china which could imply that business is normal. but this ugandan trade
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does don't seem convinced right now it's very hard to believe. that everything is safe because in the video as you see in no money is wearing a must or marker you raise counseling it's group planned trip to china. and no one is going my friends are not going everyone i doing business is not going and the people i talk to are indoors they're not making the items that they sell so i cannot course but now. some chinese nationals doing business in uganda are all sorts cautious as the locals income by. way stalked everything to see about how much the stock is running out fast. he is now looking elsewhere before emptying the shelves by options maybe like india and to buy pay for dubai i think it's the same issue because they also work with china because this in the things i'm dealing in they also work from by. that's my real issue so the business is
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a big difficulty. but we show trade to persist in business and see how things will change in the future. uganda relies on china for a quarter of its total imports trade between the 2 countries is valued at more than a $1000000000.00 annually. uganda central bank is now warning that's the impact of the coronavirus in china is likely to slow down uganda's economy at least and then you have tom. german president func maya wants to give you impetus to bilateral relations with kenya he's laid the foundation stone for a joint industrial make a tronics training center in the capital nairobi with his counterpart who kenyatta steinmeyer has described africa's economic development as one of europe's key interests so far his focus in kenya has been on climate change now he's lived. how germany's much admired model of vocational training can boost opportunities for
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young people. soon nearly $300.00 apprentices will receive training at this center in the kenyan capital each year the german government is providing 5 and a half 1000000 euros for the project. german companies such as boston chronons are also supporting the training center they will benefit from a new pool of qualified workers and the young trainees can look forward to a bright future. the german president praised kenya's development into eastern africa's i t. the technology sector now accounts for $200000.00 jobs and 10 percent of the country's economy. it's a good start but not enough because each year 800000 young kenyans graduate from secondary school and need to find work. then it isn't mentioned and is the leader whoever wants to create a solid future for these people must teach them the skills they need to live and if
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you mention without the skills young people will be lost in an unregulated job market without salaries so that's why attractive educational opportunities have to be created and so something. steinmeyer on his counterpart who kenyatta paid a visit to the institute of science and technology where kenyatta was eager to show his country's enthusiasm for vocational education star and mara praised his own country's dorji cation system that combines theoretical training with practical training at companies. he also made it clear that africa's continued economic development is in europe's own interest. as germany's hopefully if it can your encompasses about a 1000000000 euros let's talk about that with so little nico who's in robey. first of all why is germany so keen on pumping all that money into nigeria into kenya.
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well kenya is basically basically germany's biggest trading partner east africa and it is the biggest economy in the region so what basically became clear over the last few days is that germany seems to see kenya as a stabilizing force in the region so for one thing they are there fighting terrorism for example in somalia and in kenya as well and they also like germany a refugee hosting nation so investing in kenyans and especially young kenyans and educating them is something that is apparently seen as something that will stop satellite as the region as a whole if there are good returns for investors what why isn't there even more interest from german companies is as far as the best ones and can you go. yes that was a question that was asked many times by several people here in kenya in the last few days and that was and so and german companies are still very german vestas are
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still very hesitant about investing not only in kenya but in africa as a whole for an african countries and well i actually had a couple of answers for that one he said that that there needs to be more information about the situation on the grounds of people knew what was happening. on the ground is they wouldn't they may be more willing to invest and heat but you also said that there is a lack of skilled labor still in kenya and and in other african countries and also that that that there is. that that corruption and red tape are still issues and that's also something that people have with the kenyan president. and it's something that maybe that perhaps risk averse german companies companies might be. might see as an obstacle. like to be german business would like to be a 100 percent sure on their investments but is there anything here the germany could actually go in for. yes definitely i mean we saw that
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time i have visited that i have which is basically one of africa's leading one of the leading innovation hubs and technology hubs in africa and one thing that you notice and one thing that became clear there is that a lot of innovations come out of the mobile money mobile banking market for example the mobile banking service and pessah has had an effect on the lives of many kenyans so they can install everything from buying their groceries to. getting a loan through mobile banking services so that is something that has also spurred innovation in other areas and that is something that at least the german president is aware is something that that germany is still lagging behind on and something that they would that germany probably needs to embrace in the near future the germans still love their cash you go there right they go thank you very much from nairobi. kenya the slaughter of don't heats he agricultural
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minister ordering the closure of all donkey apple twas skins are in huge demand in china though where they used to make traditional medicine and health foods there were fears in kenya that countries don't the population could be wiped out in the next decade uganda tanzania and many other african countries have already banned don't get sports to china. now to some of the other stories making news local officials in somalia claim a u.s. airstrike is killed the telecoms worker both the united states and the somali government say the bombing near rebel held julia killed a member of the militant group smile you already have long accused some business but of having links to his list extremism. european union approved the basis for the post break the trade negotiations with the u.k. the mandate stipulates that e.u. standards should serve as the reference point for any future trade deal. she asians
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with the british have also agreed to mandate a jew to begin next week. and nigerian kenneth is a maid a storming paris fashion week debut with supermodel naomi campbell closing his show is a has made a name for himself reinterpreting traditional west african fabric such as the massive ok clothes work over by the people is a said his show was inspired by his memories of going to church in lagos with his mother gets to say he has had a meteoric rise to the paris catwalk and serves as inspiration to african designs. nice doing business with it.
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16. w. . used it is. i'm sure that it was i was. in support of. what's a big but stable bought over. to the real world. this is. coming up when the program sterilized without consent thousands of hiv positive pregnant women in south africa where forcibly sterilized girls human rights violations fines you the people. on the joining me in the studio when filmmakers from nigeria movie premiers other better knowledge one of the well the top film festival.
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