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tv   Business  Deutsche Welle  July 11, 2019 7:15pm-7:31pm CEST

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with bank your heart out 1st i'm a little rock and roll and on behalf of the entire news team thank you for spending part of your day with us i hope to see that at the top the hour. what secrets lie behind these memos. to find him and most of experience and explore fascinating cultural heritage sites. d.w. world heritage turns 60 q. i'm not going to the gym while i just sometimes down but i'm sam nothing with that
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piece of german thinks deep into the german culture of looking at the stereotypes aquatics put in here think the solution to countries that i know a long time. needed to be taken is drama day i don't believe it's all that they know i'm a joke join me from the german fundy w. post. tough times for south africa minus global trade winds deliver a blow after blow to business oh my disputes over ownership rising operating costs some weakening demand for gold stealing diamonds leads to a continued contraction across large parts of the sector. startups in rwanda that's not all fun and games as the scene struggles for recognition i'm financing also on the show the german government wants companies to be open about. visions in the
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international supply chains for the legislators to force them to ensure human rights for their far flung workforce. is his business africa and he w i'm going to have alphas welcome bad news from south africa's mining industry the sectors production has contracted for the 7th consecutive month it was down 1.5 percent on the year in may south africa has now lost the top spot as the continent's leading producer of gold in may that fell by nearly a quarter on the year and the decline was even worse in the diamond industry output tumbling just over 30 percent south african miners currently face many challenges the sector suffers from weakening demand amid a worsening global economic outlook meanwhile the u.s. tariffs on imported steel have hurt the sector other countries and torricelli unreliability tricity supply has also contributed to higher operating costs not a pretty picture there both for workers and investors in the big mining
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corporations let's now speak to the w.'s correspondent erin krishna's in cape town area how important is the mining industry as an employer are we going to see big layoffs that south africa. since you seem to be having some trouble there with adrian adrian can you hear me you know there's some difficulty there adrian if you can hear me. ok we're going to our next story the united nations have called today world population day and says there are 7700000000 of us on the planet today and brace yourselves with another 2000000 people coming along over the next 3 decades in europe the population is shrinking but it's still rising in africa where it's expected to double by 2050 the trend will almost certainly put more pressure on the continent
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is also based on the say governments in africa need to invest more in infrastructure to cope with growing demand and create jobs for africa's youthful population. talking about africa's youthful population rwanda is aiming to become africa's tech hub if you believe farmers and investors rhonda seems to have what it takes to thrive as a tech ecosystem in a developing economy many startups have popped up there over the last decade and young tech savvy people are pushing hard to get their products to market. the the young people are stars on rwanda starchild see. they work for a software development company also missed the lab which is created a car sharing and ride tailing out for german car giant followed. a working of all so again has really pushed us to another level because you have to deal with
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a cop and has been there for so many years and that is a good reputation so you have to both something that is really useful for the society and for folks like that as well. the young company also has other international clients it's currently designing digital health care applications and has developed a weapon form for an eclipse room. the technology lab currently employed 15 people. the emphasis is on professionalism creativity and good vibes. the team has been together for so long from our school so they know each other so well they get to work with each other be produced by chick . and when it comes to energy and innovation the applications are far reaching rosina most amazing is working on a tech solution for a $100.00 farmers. my idea was to develop new software in the hardware
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system that would enable from up to a permit. so at the. time we endured. in 2016 was in a one an african wide competition called ms geek where young women in i.t. pitch their ideas her response to use oil sensors to optimize irrigation. dissin so in this so it says to most of the safe and then sand come on to this system in this system know that there is a need for touch and it is to admit they with the rigors. she entered team developed a prototype and would like to go into production with the system the challenge is now to get the project financed. having these prototypes who like to quote both those who come in hope so it is nearly kin for us to have been bestowed to come and work with because you have a good product i think it's really important for governments and investors to have
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this people in africa so that they can grow desktops in a very sustainable way in the coming months will be crucial for rosie needs t.v. will the project die from a lack of funding or could it become another rwanda success story. well let's talk about the african tech startup ecosystem with jeremy gaines is a consultant specializing in african startups and joins us now from frankfurt germany would you rather invest in a startup in rwanda or here in berlin. i think i'd go for coop kigali any day i'd go for lagos i'd go for nairobi and the fact is the growth figures speak far more in favor of african startups than berlin startups and the venture capitalist market is soon seen that i think in the last 3 years we've seen 50 percent growth in investments in startups in africa each year which is enormous i
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know that for example frankfurt fin text a looking as part of the lagos frankfurt twin city campaign to start tweeting with lagos looking to work both in lagos and in frankfurt will have the garage and here frankfurt is down there and i think it's on top of all else an ethical investment because it serves to help african development in africa you are very clear that and recommending can gali and other african cities to invest your money in stocks of spot what about the risk west and investors bori about things like infrastructure energy supply corruption isn't that justified. i think what you want trainer just showed is that the start ups are actually overcoming the infrastructure difficulties if i think of startups in lagos there ensuring that people can move towards more efficiently quickly ordering food all return items from their homes ensuring retailers can get their goods to people overcoming traffic gridlock making
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sure people don't waste time. i think those things make very much in favor and corruption is not something that's going to affect you now to have again thank you very much for this input thank you. many companies today pretend that they're socially conscious and ecological but if you look at the supply chains things often look very different in the textile industry very often workers in africa or asia who actually make the garments end up with a pittance work in terrible conditions german government is now threatening companies who sell these products in germany with legislation if they continue to fail cleaning up their supply chains. their quiet and above all emission free electric cars millions of them will soon be rolling onto the streets of germany and every battery that powers those electric motors requires cobalt to work with the
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badly needed metal is being mined here the democratic republic of congo is home to the majority of the world's cobalt stockpiles mining cobalt is bad for the environment plus it often takes place under in human conditions and involving child labor. that's why car manufacturers have started an initiative to ensure the origin of the cobalt can be traced that would also make it possible to check the conditions under which it's extracted and processed. carmaker b.m.w. even once to discontinue its use of cobalt from the d r c. but how can companies guarantee that the whole supply chain has protected the health of workers in developing countries. can suppliers guarantee save conditions and compliance with human rights standards. critics say not enough is being done they demand an internationally binding agreement but that could be
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a long time coming. cruises long been the preserve of wealthy american retirees seeking to see the world after a lifetime of work but the average cruise passenger is looking quite different these days chinese tourists recently taking to the seas creating a growing market for cruise ships and the industry is responding. welcome aboard the spectrum of the seas one of a generation of new cruise liners built specifically for the asian market gone of the formal dinner dances of bingo halls perhaps associated with the traditional cruise traveler they've been replaced with robotic bartenders and other top end tech it's all in an attempt to appeal to a growing market china the u.s. remains by far the biggest source of seafaring tourists in the world there were 13100000 of them last year but now in 2nd place 6 china where 2400000 people took
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a cruise ship holiday joining 28 team puts it ahead of other traditionally big markets such as germany u.k. and ireland and australia. talk of unease in china say infusing as and for cruises is growing as more and more chinese gain the wealth needed to see the world we can see that the ships that get in that chair and there are more things like living on the ship is like living. daily living you can live and i share for days well getting caught up in the construction of bigger fancier ships is seen as a major problem particularly by environmentalists last month activists prevented a ship from leaving the german court of kill citing the large amounts of so for oxide the boats pump out to sea and communities in tom cruise destinations of also complained about their impact this a parent's near miss between a ship and a smaller boat in venice is congested canals goes on camera the weekend is further viewed the movement to get them banned from the italian city. new industry
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regulations will force cruise companies to cut their emissions next year propelled by chinese growth they'll continue to ferry millions of people to destinations all around the world including some where they're not always welcome. and that's it for me and the business african team in berlin for more. business news analysis and lots of background stories check the w. dot com slash business. news africa is next right after this quick look at global markets to watch.
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the news. zain.
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thank. you. this is news africa coming up on the program he's a black muslim immigrant from somalia my dad my dad was just 5 when he came to the u.k. now he's a member of the european parliament who says refugees deserve better. new to treat people with compassion we need to treat people with dignity nobody chooses to lead their family their homes the community flags these when discriminated against will be in i'll be you know in my loud but now he's using his newfound celebrity status as us and musician suffice to stick.

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