Stopped or know. That. Women are striving to reform their islam. Traditional prejudices. September 24th. Living away of uncertainty the o. E. C. D. Says the bad times are here to stay for a while longer and from places like south africa will feel it more than others. Also on the show as Global Investors seek to diversify their supply chains away from asia africa down to profit. This is the the way of business im joined now them alone in berlin thank you very much for joining us. The organization for Economic Cooperation and development has softened earlier predictions of a deep decline in the worlds Gross Domestic Product saying it wont be as bad as expected although still significant but some countries stand to suffer worse than others like south africa fair Economic Hardship has said undertakers to the streets. Despite their cheer undertakers are striking amid the harsh reality of south africas Economic Hardship battered by the coronavirus and crippled by National Lockdowns growth is expected to shrink by 11. 5 percent no o. E. C. D. Countries will be hit harder and their chances of extra help are slim a mother who didnt get any relief funding is undertakers were also frontline workers were putting our lives at risk each and every day because were dealing with dead people. Who go to paris based watchdog says the recovery is underway but the road is fraught with risks. We are going through the deepest recession since the 2nd world war and the outlook is really surrounded by the uncertainty thats been creating by the virus so yes this is a very tough bear but i think there is still a lot that can a police who may care can do. The o. E. C. D. Praised governments are acted swiftly to agree stimulus packages and Job Retention schemes the focus now should be on policy tools that will help Grow Industries that are in demand. Or in mens need to both put take the people and help the reallocation of jobs from those activities not where king any longer to those that are 3 thriving so why did she talk with care there was a warning to for countries to take a more targeted approach to any future covert 19 outbreaks scenes like these it said should not be repeated. Many European Companies are reviewing their dependence on supply chains from asia in the fallout from the coronavirus pandemic African Companies hope that Creative Ideas will impress european investors this company for example produces protective gear for hospital staff like these you need face masks there are special because their individual components are not made from expensive imported Raw Materials but from recycled plastic trash of which theres plenty in uganda citys. Joins us now shes the head of Alliance Africa at the German Association for as in these well now picking up right that point about investors want to diversify their supply chains away from asia how much of an opportunity do you think this really represents for African Business. So thank you farai the question i think that the diversification of supply chains is certainly one of the conclusions that meenie companies will drill when they looked as a future of the depended inc and for African Business i think it represents an opportunity to rethink their position in the Global Economy because production and formation of rome at ariels are important topics for african countries and all agree that it must be issues in africa so it gives a chance for the made in africa for instance we all know about the made in germany they made in america why not stand made in africa you have to produce and to transfer in that countrys and i also think that the african continent told preach rate area is important because it will also increase their intercontinental exports and also. Into the continental exported with a known african countries so i think that this will be a key factors to play in chains so the great reordering that this pandemic has wrought could be a chance for a made in africa but which sectors or countries even do you think have an especially good chance of increased participation in Global Supply chains. So we can already find a lot of existing helps in africa which is a good thing for the integration of the continent in the Global Supply chains which is still very low weve got 3 percent of the Global Economy i think that the Current Situation gives it but you need t. To strength the importance of those hopes i can give you some examples for instance when you go to another africa you have in morocco a strong. Cultural and the Food Industry in tunisia it is also the same Automotive Industry area now takes me if you go to west africa because for instance you have. A city or in synagogue with Digital Economy and more examples like. It is also not to be and how far text and cloth industry and kenya weve seen it come have anna it means that you have some key sectors like theres a delegation agribusiness when you noble Energy Business which are some key points where africa can constraint and last but not least we should not forget that they are also qualified what for us there when i think about tunisia. A lot of in junior and make it possible to realize this transformation and also good in u. S. Cities and not get the return of the jesper out on the continent which is also a big a set. Thank you very much very interesting beyond bono angry there from the German Association for as amys thanks for your insights thank you very much. Now to some of the other business stories making news. Crashes involving boeing 737. 00 max aircraft were the horrific culmination of design flaws and grossly insufficient oversight a u. S. Congressional report says the investigation showed boeing staff carrying out tasks meant to be done by regulators in all 346 people were killed in 2 plane crashes. Take talk look set to move its headquarters to the u. S. According to reports that says american tech firm oracle becomes a minority shareholder President Donald Trump has been demanding the sale of take talks American Business citing security concerns he says a deal is close. Enough underlined has the backing of a long list of c. E. O. s and investors who say europe must avoid the worst effects of Climate Change and secure a sustainable competitive economic recovery critics argue the plan will cut jobs at a time that the pandemic is already hurting the economy. Aiming for a 0 emission electric cars on the brussels latest clams the automotive sector will have to race to meet climate protection goals the european commissions green deal is aiming for a drop in Carbon Emissions of at least 55 percent by 2030 up to now the goal was 40 percent europe is now set to be the worlds 1st climate neutral continent by 2050 that means the german car industry will have to clean up its act its best selling products launch luxury cars still run on combustion engines the sector wants both longer to make the switch and tolerance for other forms of power alongside an electric otherwise german come a coup say there could be widespread job losses. Dont we all just dream of retiring one day i know why do but i do hear of stories of pensioners who just cant let go especially along a generation of men who define themselves through their work this next guy reckons its also good for his relationship with his wife have a look. 77 year old who was getting his bike ready its 830 time to head off to work the man has long been a pensioner but retirement is not for him. Mosque you look at all this and i thought i like going to work it keeps me moving and thats good for my health and i still have plenty of time for private things that are going to topple that. He lives in a cause an hours drive south of tokyo issues that one needs 15 minutes to get to work at a branch of Electronics Chain no jima. Like Many Companies in rapidly aging japan the retailer is suffering from a shortage of staff. So now the business is betting on one jeopardy and allowing workers to stay on longer until they turn 80. 1 percent of the volcker old age home or kindergarten would you rather be there here im together with younger people i get to experience new things and can learn something i dont know if im very useful but i try to go. Without yes the buses say the Senior Citizen is great on the job thanks to his experience maturity and even temper lots of younger people lack that and issues i was still ambitious and quick maneuvers to hes even older than my father but he doesnt put on airs when you give him a task he takes care of it quickly and conscientiously and he always looks to see how he can make things easier for the sales people hes a big help to get a beautiful body you know some of the. Issues that will works in the stockroom years ago he was a technical director at a big Railway Company so logistics controlling checking off items are all quite familiar processes. Without him the stock room would be chaos and far less efficient so what the colleagues in sales often overlook things but he always notices them so hes incredibly aware he quickly daddy so why am i. The arrangement with senior workers is good for everyone says the company it gives firms more personnel the retirees pay and occupation and extra tax revenue for the state its quite flexible issues are what works 36 hour days a week. For lunch eats his homemade only giri traditional roast balls remarkable my wife doesnt say it but i think its better when im out of the house a few times a week and not always sitting around at home im a moment ago i am. A good husband is healthy and absent says a japanese proverb and co saku issues i wouldnt mind continuing until his 80. At quitting time he rides home for a bath and a cool beer surely at his age hes earned it. Some work to live others live to work thats your Business News for more do a check out w. Dot com slash business or follow us on social media we are on facebook and on twitter thank you very much for watching im on in berlin stay safe and goodbye print out. Entry to any list of tries his moves got it all down. To something thats going to be in the footsteps of all the great reason. Concerns amongst the fleet street. 3 times who wanted to marry much alive. Youve got to specialise in germany. To. Recognize where exactly. It was fun and learn a lot of our culture history in. Detail you travel extremely worth a visit. This is deja news a show coming up today of him on the stand off between them powers that looks set to continue. In jack who is trying all vibrating past board agreements even as both ministries continue to reinforce the troops is this going to get worse before it gets better plus. Pandemic waste is filing up in the philippines so was on twist because theyre seeing a bump in profits. And is keeping pandemic demobbed to stop those are the monk the wild