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tv   Business  Deutsche Welle  May 21, 2019 8:15pm-8:31pm CEST

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this is day w are coming up next and dave news africa washington has temporarily games to expound on american companies trading with chua a chinese company will be allowed to buy u.s. goods for another 90 days. and sort of half the story on more in just a moment more world news of the top of the hour of a good day. for steve school when the show. first clueless. and then the store's grand moment arrives join the arena tango on her journey to freedom you know we're introduced documentary tour a no no running time returns home. 9 pm and with deafening at any time i'm going any place. to be in the bed as i don't
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like the clock so missing along to see has to come from super. to for. interactive exercises. everything is online metafile and interactive benjamin 5350 w. . change of hots or a strategic move washington grants a reprieve the chinese tech can continue doing business with american companies a little longer. until now africa's cloud computing was mainly processed in foreign duffus centers far away that's meant slow download rates changes in the air. as the greek economy of mergers crisis is the country's real estate boom of placing all caps. and is approaching. market for you facial hair
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a clump of global corporations and small operators are vying for africa's youthful population. inventors all and let's use business 1st the clampdown now a backdown the united states's temporarily eased a ban on way there are fears the chinese tech giant could help beijing spy on the west its toppy you executive has lashed out at the trumpet ministration and says other companies should be wired through but the founder of the firm isn't so concerned the u.s. claims it's acting in the interests of customers by allowing the company to use u.s. made components for a further 90 days it hopes to minimize the disruption to smartphone users but even when that grace period is over some say it may not have the damaging effect on huawei sales that the u.s. may be expecting. if. he still can operate he still can.
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stick and don't want to run. everything just went for ways responded to the u.s. as temporary reprieve saying it doesn't need the help he's found it says it's developed enough of its own components to maintain its dominance in the smart phone and 5 g. markets. take krishi engine inequalities 5 g. plan will not be affected by the u.s. bans our competitors will be able to catch up with our 5 g. technologies for 2 or 3 years. and the chinese government has also come to the defense of one of its biggest international brands. leaving the united states has resorted to the use of national means to suppress foreign companies and interfere with market behavior frankly speaking it would not conform with the interests of the u.s. itself in the end without actually. monday's announcement that google would be banning huawei from some future android updates show the types of
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challenges ahead for the chinese company but huawei insists it can keep going even when the u.s. pulls the plug. on surfing the net in many parts of africa can be slow one reason is that most data stored in the cloud is actually stored in centers in europe america and asia but change is in the air microsoft recently invested in 2 q does it is in south africa in johannesburg and capetown the global leader in cloud computing amazon web services will open its 1st african data center next year and chinese telecoms equipment maker away is on board it's planning to open to new data centers in johannesburg and capetown as well data storage on the continent is critical for africa's economic development in a survey of hundreds of i.t. decision makers 84 percent of nigeria said. computing has a high impact on innovation compared to 77 percent of those asked in kenya and 43
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percent in south africa to ponder has been following this story for us to ponder 1st of all explain to me why all these data centers. cit already set up in south africa solely south africa in terms of african economies of africa is of course one of the 2 biggest markets the other being one geria and in terms of ease of doing business obviously south africa trumps nigeria so that's probably one of the reasons they chose south africa it's more stable and more attractive but what does it mean for other african countries because at the moment you've got these data centers set up so far away but i mean south africa is so far away from many african nations it is and of course in terms of data centers they are others being built by chinese you know telecoms companies including china telecom and while way in other parts of africa what is interesting of course we're talking about west and major tech firms here and in that south africa is sort of an exception and that's
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kind of what makes it special for south africa so it will be more competitive because of course they can attract other people who might not want to use chinese technology as we've seen we've been talking about the wall way issue and you know the americans accusing or saying that's well way could be used to spy or you know will take data from other countries or something like wow way isn't having an easy time at the moment as it dealing with the competition on the continent and the likes of microsoft and you players like amazon web services of course you couldn't have come at a worse time for it i mean the americans have really sort of you know really made their come pain. a while being a threat according to what they say and of have a band as a reprieve right now that we're looking at but it doesn't look good and that means that a lot of companies might actually prefer to use companies that are west and rather than say well way so in terms of timing it could be bad timing for the chinese companies to get back to what i was getting at earlier about whether or not
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location makes a difference as to download rates will this actually allow africans to really so if the net and not just plod from page. page it could it could help latency rates like download rates could actually you know reduce possibly of course is something that we can only see when it's happening africa like you did say is quite far away something like a data center in the u.a.e. might be better for kenya because of course kenya is closer to the u.a.e. so it just depends on what kind of connection there are between regions djibouti schools is the u.a.e. than it is of africa so course it depends maybe countries like zambia zimbabwe able to benefit more than say you know djibouti if you or anyone for the real way from south africa bonnie thank you very much for coming in greece is experiencing a tourism added and best of boom property prices have risen by 2 percent since last year when the i.m.f. bailout program came to an end construction permits have risen by more than 10
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percent but while all this growth is good for the economy in athens local communities a feeling the pinch is the deluge rebecca rivers. from an economy in tatters rises a city in the not long ago athens lay at the heart of the country's debt crisis now tourism is fueling a real estate revival but the knock on effects aren't always desirable to the locals the labor changer because a lot of people because all those virtually throw them out in order to explode their apartments for being the tourists who come here for just 3 or $4.00 they don't consist of society or you know something to to mingle with with locals. to shop owner has lived and worked in the city his whole life he says the stories of a vision have become commonplace a fate he himself has so far escaped although his rent was nearly doubled at the
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start of the year so it's very difficult because i have also a family who have 2 kids so we need a apartment. for people to sterger and it's far more difficult for other people through not all of the neighborhood and the whole of the sun reporters for us a lot of people to you. greece had a record breaking 33000000 visitors last year a desire by homeowners to capitalize on the influx has led to an uptick in short term rentals. in athens and larn abbey and the listings have nearly doubled in the last 2 years making it increasingly difficult for people in neighborhoods such as this one to find affordable accommodation but it's not only tourism that's driving now zinc shortage gold in the visa program residence permit with the purchase of a whole joy in 2039 agree started offering golden visas a 250000 euro investment buys you a property as well as a 5 year renewable visa an attractive prospect for many part alethea hands
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would say that the most popular candidate is out of china. and i have the confidence that the volume far i'm going to. invent stuff out of from town that they're not a blind to stay instead most rent out their properties from a brood adding to the high prices and housing shortage the owner of this building didn't want to speak on camera but said he'd recently sold to a chinese investor all his tenants were kicked out the long that night and. said oh they started that because they own lives but fair to keep their properties and put them. on stand of. leaving them. and that while that may be good for investors in the economy it's local communities to paying the price. is a fairy story for you the facial grooming industry is
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a real growth market none of the big companies once you've missed out on after a gamble you know he od and you leave are all tearing out their heads you talk of the millions of new customers that africa's youth population offers but they're also up against african entrepreneurs. in nigeria young men are investing in their physical appearance. and when it comes to grooming and beauty regimes beards are a top priority. jeffrey a public a is a founder of a company called beard and butter which produces bombs and moisturisers the beer problems are well known but the solutions are just catching on they don't need to follow so within a year they can use a song you know the old. drums the public a founded beard and butter in 2017 after noticing more men sporting facial hair the
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trend is growing fast. it's the same ok that's emerged out of nowhere but in the past 5 years it's both with men spending more on looking good use for country like nigeria presents a big opportunity for growth if you've got a head cannot dream you know where to go to another conundrum the global diamond industry has hit at the lot sales of plunged 25 percent on the year for to be as the world's leading diamond company is owned by anglo american and operates in many countries including the media but it's wanna and south africa competition is rising along with supply another reason is the depreciation of india's rupee most diamonds a cocktail polish there but the currencies weakness has made the stones more expensive and reduced demand in india it's one of the biggest markets.
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and finally to a 7 year battle over the rights to a name between a company and a latin american countries online retail giant amazon has provisionally won the right to the don't amazon is a made it's a blow to the coalition of governments fighting for the title on the basis that it referred to dead geographic region the decision will be finalised after a 30 day public comment period. nice doing business with you.
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to fund downgrade. how might not smash a. sign to say good bye. to celebrate. by munich at the champion. in 60 minutes t.w.
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. earth. for saving global engineers tell stories of creative people and the kind of aid of projects around the world ideas to protect the climate and boost green energy solutions by global warming to goes beyond one series of global 3 goals and on d w and online. this is state of the news africa coming up in the next 15 minutes the votes are in and counting is underway in malawi's election the people came out in droves to choose a new president we know this is a nation hungry for change will learn why it's one of the world's poorest countries . and in congo 8 rock stars reception for moyes cut toby was back in the country after 3 years in exile but how significant is the return of joseph kabila as prominent folk.

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