development bank. here on the outskirts of cape town construction work is in full swing the sandfly wastewater treatment facility is currently being upgraded financed by a loan from the german development bank the k f w. the upgrade of the sun fleet facility is long overdue. the foam on top of the wastewater is a sign that the plant is struggling to keep up. cutting through the problem designed to treat 72000000 liters of water a day. flow into the prong is about 90 maybe you can see that the prong is overloaded in terms of the amount of flow that's to see the reason why we need to expend that works the neighboring suburb of khayelitsha is growing rapidly as are most major municipalities around cape town but that's not the only challenge for the city. flashed back to 2018 due to a severe drought cape town's dams had run dry. residents lined up to stock up on drinking water a day 0 was looming through strict last minute water restrictions cape town escaped the catastrophe. for city councillors anthea limburg the water crisis was a critical learning experience. the city did learn very important place and from the trial to one of the key to this is the need for us to not be en

facility on the outskirts of camp town is currently being upgraded financed through in on by the german development bank for some fleas the average is long over due the form on top of the wish to water is a clear sign that the plant is struggling currently the plant is those aren't the 372000000 liters of water. flowing into the plant is on average about 90 maybe you can see that the problem is overloaded in terms of the amount of flow that's conceiving the neighboring suburb of a little share is growing rapidly as are most major around kept town but this is not the only challenge for the metropolitan. flashback to 2018 due to a severe drought kept on dams had run dry residents queued to stock up on drinking water daisy. through strictly last minute water restrictions kept on escaped the catastrophe. for city council here limburg the water crisis was a learning experience. they've learned very important lessons from the drought one of the key with the need for us to not be entirely or thoroughly dependent on surface water from brain damage because there's a risk on. of. rainfall patterns remaining very

bank policies. francine: that was the chief economist talking about develop markets. let's go to the bloomberg business flash. viviana: as -- the germanovernment is paying are to be as angela merkel begins phasing out the fossil fuel. rwe is europe's biggest carbon dioxide emitter. they want to be carbon neutral by 2040. iag.arking complaints from the carrier feeds on passengers. europeanth the competition regulators saying thetax is unfair if government says all airlines will see changes. expected bigger than rise in profits after customers from apple to huawei adopted more advanced chips in their smartphones. the results demonstrating how they are investing in new technology. they are ahead of the emergence of 5g. that is your bloomberg business flash. francine: u.s. bank earnings season is in full swing and while fixed income trading is a bright spot, goldman shares dropped. trading that's where the star of wall street. they have posted a 56% increase in trading the best in eight years. investors want to trade in this environment. however, the big gains we saw in jp morgan set a high bar that didn't keep up with bank of america and