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tv   Business  Deutsche Welle  February 26, 2020 6:15pm-6:31pm CET

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w. news coming up tensions of a migration border on the greek island. next on business africa with benu physical and i'll be back at the top of the hour with more world news and in between there's always a website called after the 1st. logo to the girl next you to channel. post a gold mine of stories. with exclusive. the must see concerning sports and culture teacher of. the should be curious minds. do it yourself networkers. so subscribers don't miss out on.
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this you know i mean in your minutes i'm going yes. what i'm going to miss you know what i'm like why didn't work and i said i'm not going to sit there and. say yes it can only say if i caught it going on what they're being funded. so much for island life greeks clash with riot police on the island of lesbos angry about a new detention center for migrants from africa and the middle east. coronavirus budget crunch goblins for a view their spending south africa through stealing with multiple crises. and it's a pain for business when the lights go out so why not switch. to solar energy this
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is forecast to me in the same 3 gonna. i'm going from place to business migration between africa and europe remains a hot topic emotions boiling over today in the greek islands the conservative government has hardened its asylum policy with increased repatriations plans for a c.b. area and even bigger new detention centers but try convincing locals about that last one. parts of the greek island of les moss of burning a result of fire bombs thrown joining 2 days of angry demonstrations highlanders have long complained that the presence of thousands of migrants here threatens their safety plans for a new camp for up to 7000 people and more than they're willing to take. a one off we will resist for as long as it takes hold and nothing is constructed on our island he's. away from the fury of the protests. things could scarcely be more
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different wednesday's general strike on less boss and the islands of kiosks and some us has made already tranquil towns even quieter here among tama dos there's more opposition to the proposed camp with some saying they object on the migrants behalf. they live like animals inside moria n.p.r. camps and they want to leave. they want to leave to find a better place. let us what we want as well therefore we are fighting for both of them and us. but the greek government says the exasperated islanders have got it wrong there is 6 times as many migrants on less boss than the other greek islands as the official capacity ministers say the new camps will make more space and improve conditions. but with so much anger already manifesting itself on the islands the people who call them home don't seem ready to believe it. thanks to the
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e.u. countries hit by the corona virus outbreak may benefit from waves under the box fiscal rules that would allow them to spend more to tackle the emergency economic affairs commission a lot he says the flexibility clauses in the stability and growth pact could supply or apply in exceptional circumstances italy is facing a heavy debt. loaded and is struggling to contain the virus under the pants due date is limited to 3 percent of g.d.p. just alone he says it's too early to judge the effects of the virus. as the shadow of the corona virus also looming over africa governments are having to take a good look at their finances especially in one of the poorer regions of the world south africa is already facing a financial crunch the finance minister announcing measures today to rein in public spending. south africa has major headaches to deal with its cash strapped national
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carrier south african airways and its beleaguered power company eskom in the budget the finance minister set aside 1000000000 euros to help south african airlines repay its debts over the next 3 years meanwhile utility eskom will receive 6800000000 euros to allow it to meet its short term financial obligations the 2 companies embody the worst of south africa's economy mismanagement debt and in the case of eskom power outages that crippled the entire country. many south africans fear that aid will trigger higher taxes in the new budget and they will have to pay more for gasoline so-called sin taxes on tobacco wine and spirits will also be increased. but despite all the financial problems the finance minister announced employees will pay 5 percent less income tax on average in 2020 corporate taxes will also be lowered
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a bombshell as the country's debt burden grows at an alarming rate. instead of hitting him battled south africans with these taxes the government plans to slash public spending especially on civil servants salaries. public transport spending will also be reduced and the defense budget cuts just like the health budget but despite these measures the government will spend more than it takes in the national debt will continue to increase that bottom line will not amuse international investors the rating agencies fitch and s. and p. already downgraded south african bonds to junk status before the presentation of the new budget many economists believe moody's will soon follow suit. energy costs in ghana are among the highest in the region businesses too reliant on the main power companies which is why there's a push for young entrepreneurs to harness the power of the sun to generate their ideas for investors betting on
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a boom in the in the next few years. in accra many enterprises like these problems often experience power outages. will be sometimes. i. think we sort of told you all for good or whole. really really really. really just was cute people just looked at this lot. like you go work. with its more than $2000000.00 inhabitants began in capital demands a huge amount of electricity for the last a kid on a has been experiencing and they did is it a crisis that has damaged the country's economy a major contributing factor has been the. and overloaded power grid a problem made was by a rapidly growing population. donna is an important part in most of the calls for
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international investors including germany so it's not surprising that amiable energy experts flock to the west african clean energy and environmental feel. this is a special wash up still offer technical training in various aspects of solar energy to participants who walk in the sectors such as 28 year old engine the robot ios all of us. roberts has been walking for 3 years for adoption cool a phone from the netherlands it's mainly build solar panel systems for large companies in guyana. designing a system for. an office complex a massive and is a great assistance i'm preparing and you know it's. going to be a roof mounted system or bosses enthusiastic of all the untapped potential in the country although private individuals often can't afford to buy solo policy since
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more and more businesses want them to make the a production less dependent on the. grete we almost we feel that we are just at the beginning of the renewable energy markets in west africa and we are currently preparing ourselves our employees and our methodology for the big boom that we expect in about 2 to 3 years time. and he's co-author of the city mounties telling me he's company has trouble finding skilled stuff in robot tops not more young people in some clothes and seek walk. in the renewable energy sector he sees it as a job would be. some of the stories making headlines this hour the united nations food and agriculture organization and the world food program a calling for more funding to deal with swarms of locusts in east africa kenya ethiopia and somalia hardest hit and you swarms are expected to form in the coming weeks the u.n. spokesman says prevention would be much cheaper than dealing with the impact if
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little is done. russia wants to lift restrictions on the export of diamonds from the central african republic moscow is chair of the kimberly process and $81.00 nation body which certifies the diamond exports do not fund conflict the african nation was hit with a diamond export ban in 2013 which was later relaxed to allow limited sales. and a doomsday vault for seeds continues to grow deep in the arctic prince charles sending cowslips and the cherokee nation adding sacred corn the facility was launched in 2008 with the aim of safeguarding biodiversity in case of a global disaster it now has over a 1000000 varieties of seeds. the world's largest says it's stepping up its green efforts by pledging to hire a climate campaigner fox says the activist will be able to scrutinise the company's
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environmental policies the pledge comes as the group pumps of a 30000000000 euros into battery powered cars and aims to sell a 1000000 emissions from big pools in the next few years but activists criticised the german firm for continuing to sell gas guzzling s.u.v.s and its slow transition away from the traditional combustion engine. in 2012 couple of entrepreneurs turned an abandoned army post in germany into a business center for chinese firms it's now one of europe's biggest chinese trade hubs but the coronavirus hit. business developer michelle dietz is proud of what. the u.s. army used to be stationed here but for several years chinese business people have been living working and doing business from the so-called world factory but these days it's quieter than usual deets notices when walking through the office building
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some business people have postponed their return to germany after the chinese new year or because of the 19 virus people here don't even want to talk about the epidemic they're afraid that bad news might damage the project. everyone is trying to keep a low profile. the virus is compounding an already depressing mood disputes concerning the mobile network supply a well way have already been straining see no german relations as well as every day business. does make me are feeling the pressure here we're noticing it's difficult to get visas approvals in the embassies and we're noticing it's increasingly difficult to attract chinese investment in germany. and. investors that's why the 3rd building hasn't been finished yet. but found jane ho isn't discouraged she continues to work discussing new projects with the business development agency the virus might even have
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a positive side effect chinese entrepreneurs are taking advantage of the forced us . as an recently we have more. client to consult and has settled on a new business here because before some of them they sing about we are doing business ok in thailand and then we just care about the china market ok. firmly believes in the world factory project that's why he sent a video message of solidarity to those affected in china he's looking forward to everyone coming back to help when the crisis is finally over.
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stories that people go for the information. they want to express. w. on facebook and twitter to come up to date and in touch follow us. to use crime fighters who are back africa's most successful radio drama series
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continues. this season the stories focus on hate speech prevention sustainable charcoal production. all of the sos 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. this is state of the news africa coming up in the next 15 minutes a big european delegation heads to africa. as new commission president has already said she wants equal partnership for the neighboring continent we've heard that the whole what's different this time. and these baby locos sconce i can't stop when they grow weight for middle swarms in kenya people are trying to kill them before that happens.

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