Protection. Using channels available to inspire people to take action and ways of turning to gain something here for the next generation globally as the environment series of global 3000 on t. W. And online. For the 1st time zimbabwe publishes inflation figures but there is some skepticism critics say the figures are skewed and too optimistic because the government looks at the wrong kind of data and has a habit of painting a rosy picture. Also coming out of you tube turns 15 well look at how a website designed to share personal videos is turbocharging africas pop music scene. Germany must clear the way for immigrants. Join a labor market much in need of workers. Business business africa your place in Africa Global Business News as well. Zimbabwe struggles with high inflation the country has been in a severe economic crisis for years but its mainly due to mismanagement of the long time president Robert Mugabe who was overthrown in 2017 since then the new government is trying to improve things inflation is still on the rise in january Consumer Prices went up a little over 16 percent last year the earlier inflation rate was at 521. 00 makes live on affordable for millions of people so 16 percent month on month the any figures estimated to be well over 500. 00 lets bring in our correspondent privileges from here in harare privilege some critics say even this figure is an understatement. If you look at it critics could be correct looking at the situation on the ground. Most people are struggling at the moment the economy is struggling if you look at what has been obtaining is that if you have a country with fuel goes up every fortnight it is a report effect on business consumers and everyone because what happens every time when the price of fuel goes up the cost of living is also going up and businesses are forced to change prices every time so you find that where is the government sees it 1651616. 00 or 16 percent month on month it could be higher than that because what is happening on the ground is not really does not really tally with the figures that the government is issuing. Big Big Government has been trying to get inflation under control for years why is it not working. Its because of a number of factors chief among listed is. Zimbabwe is at the moment. Production on industry is very low and days a lot of imports that are having to come in and we have a very unstable currency in zimbabwe the government decided to go back to the zimbabwe dollar but if you look at it the currency is very unstable. You also look at the fact that zimbabwe has not been able to access created lines from International Lending institutions to improve. Industry and infrastructure for a long time so its a struggle for the current government to be on trick because or sure there is an issue of police inconsistences if you look at what the government is trying also to implement these a lot of things that i changed overnight away they introduced one thing today. In less than a short time they are also they are changing the simply so you find that these no one who come to such an economy to invest thank you very much privileges for iraq thank you. The world bank and the International Monetary fund say that somalia is now eligible to receive Debt Forgiveness under a special program to help the poorest nations low costs have best decimated Food Supplies in these difficult contrary and it is also facing a debt load that measures 5300000000. 00 u. S. Dollars at the end of 2018 i. M. F. Chief chris alina georgia called the decision historic day w. Spoke at the Munich Security Conference. Discussion do you want to maybe write. A unique conference in the. Morning. We expect that the 2 finally reached what. Will be. A. Road wants anything. Today marks 15 years since you tube was born the site was set up by 3 former colleagues a pay pal to give people a place to share clips online a decade and a half and countless cat videos later accounts over 1500000000. 00 monthly users and thats it 15000000000. 00 in ad revenues last year is a look at how it all began. Here a. Few chips very 1st video could scarcely have been simpler during his trip to the zoo cofounder jahvid karim had no idea what his primitive creation would become just a year later he and his friends chad hurley and steve chen would be striking the deal of a lifetime i. Think you did it we have. Been acquired by google i think bonaire less than 1650000000. 00 since being bought by the worlds most visited web site you tube itself has become the worlds 2nd most visited web site. And its not just john of it chad and steve who its made rich its created our own unique brand of celebrity the most successful you chivas such as hyperactive sweet beauty try to make in excess of 10000000 dollars a year. Over the past 15 years you tube has become more than just somewhere to share videos branching out into music and Subscription Services and ever 70 languages now you tube is country using 15000000000. 00 a year in ad revenue to owners Google Alphabet if you count the founders if that would be the case back in early days they might well have nothing to defeat you. Joined in the studio with macaulay to put enough to bed what was the site like back then well the site was quite different was more about fun about videos and people so uploading some copyrighted material which for some of us living here in germany made it possible to watch us content there were no ads so that has changed a lot to you you know you get a couple of ads depend on how long the video is and then of course is where you tube now generates its you know revenue and its quite annoying sometimes exactly as it is. Has changed the way we consume video buddhism has been of benefit from the platform in africa the most in terms of africa the people who benefit the most on say other musicians for them you tube has offered a big audience and a continent had a problem still has a problem with music piracy and what it did is it opened up a huge you know just made an opening that made people like me living abroad possible to you know made it possible for us to watch African Music but also people who are unaware of what african pop music was and then of course we got stars like the bands from nigeria and of course peace squared as well and one of the reasons those you know musicians became really like household names for some people was because of you tube and that we now have are just like wizkid from nigeria who has collaborated with a global star like drake beyond seas collaborating also with african artists so African Music has really gone global in part because of you cheated and thats definitely the big winner in africa music. Supervisor better thank you very much for this its. Fun. Germanys aging population is a problem for its labor market migrants with a solid solid basic education from places like syria and some african countries have been tipped as a possible solution. In fact finding a better way to the countrys labor market a new report from the organization for Economic Cooperation and development the o. E. C. D. Says. Migrants need help finding training as well as more assistance to be able to succeed on the german job market while they remain there are some stories with hope. Bashir tajik is performing final checks at the maintenance step of hamburg inner city rail system hes almost there the 30 year old came here with his wife from afghanistan in 2015 now hes just about to finish up his apprenticeship as an electronic technician. For me personally it was difficult because german is not my native language. Its been a long time since i was in the school room. So i had to start learning from the beginning again after 10 years. Before the migrants start their training to take introduction classes to get them ready some 400 young people have done the courses already at the German Railway. Courses they get the necessary grounding in subjects like german math english and physics. The young men here come from syria afghanistan iran and iraq. For them their goal is to get a Technical Education at the homburg esp on. An apprenticeship in germany means taking theory classes in a Technical College then practical work on the job its a challenge for instructors. Many students have come straight from war zones and their school days are long behind them. We have to make it clear that it doesnt really work without extra teaching and in some cases retraining and we invest a lot of time to make sure that all trainees graduation the same year. I not simply. Is training to become a mechatronics engineer in syria he just graduated high school when he fled hes done so well now that he will take his final exam 6 months ahead of schedule. Getting an apprenticeship in germany is something really important to him. By this time current. For the money im thinking about my future with my Training Certificate it will make things a lot easier i can work anywhere i want i can earn more money there are more opportunities. Things will be different but. Nationwide more than 50 refugees are doing Vocational Training at the German Railway once they finish their much in demand germany has a shortage of skilled workers so this is a win win situation. Thats it for me on the business a must. Go for stupid mug was up next. On globe. Willing to buy is a savior of the forest. He calls 210 acres of land in central ghana his own hes recall debating and conserving wood and teaching how to practice Sustainable Forestry its all about training give them power and people also go out there do it themselves so that i have the ladies come fall and come out for. 60 minutes. That. Is the world becoming less western does it mean for the world the west to leave the stage to others key questions of this years Munich Security Conference and join us cross coverage of the issues and conferences 2020 today on d w. This is state of the news africa coming up in the next 15 minutes the worlds leading players in Security Policy are meeting engine. Many africas Health Region is high on the agenda the growing conflict there is seen as a threat to global security. And the birth defects and serious illnesses that people in south sudan say of course by the countrys dirty oil industry. And dont need the kenyan sculpture to any scrap metal
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