Our traffic jams to get to work trying could save frustrated commuters in west africa getting investors on board is another question. And theres more than oil under the sands of libya and truffles on something to be sniffed at. I mean first lets do business talk about taking the twinkle out of south africas gold and platinum mines a power price hike could see the state the shit around ninety thousand jobs over the next few years thats the warning from the National Mining association the government has approved above Inflation Price Increases and david utility. Breaking south africa has enjoyed widespread power concert in recent weeks because of the crisis that has come which supplies almost all the countrys power but the minerals
council warns the power intensive Mining Industry will be hard hit its a major employer in a country where a quarter of the labor force is unemployed. They dont hes received more worked as a Business Correspondent in south africa now what does its good to have
the grid so this electricity problem is going to be around for a very long time and it s going to be intense then one of our reporters just got back from there and then said she was talking about eight hours a day no electricity eight hours a day and this news comes as well as south africa s most valuable public company wants to list on the euro next stop market in amsterdam i find this quite interesting naspers would be one of the largest internet listings on the exchange south african media group has been around forever century as you know initially a newspaper publisher publisher now a tech giant most tech giants do gravitate towards new york so why amsterdam first of all so listening to bob sunday he made a point he said look this is the neverland s you don t have a hard time convincing people to live in amsterdam. and it s also i mean you re accessing about three and a half trillion dollars of capital that right and that s what they re looking to get more investors to sort of wide