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 you along what does this story tell you about the state of south africas Blackout Bennett tells us that this latest shooting as we call it in south africa. Has been the worst weve seen in the country since we started having these problems and the fact that there were no on the questions that people were asking the fact that you had ministers very elaborately explaining what the problem is but couldnt tell you much about the solution was tending to just how bad the situation is this you tube is here for years was warned to invest in the infrastructure its all starting to crumble Something Like a cyclon in mozambique where some of the public comes from kenric. Put pressure on
the grid so this Electricity Problem is going to be around for a very long time and its 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 africas 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 SouthAfrican 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 neverlands you dont have a hard time convincing people to live in amsterdam. And its also i mean youre accessing about three and a half trillion dollars of capital that right and thats what theyre looking to get more investors to sort of widen that x. Is to invest is probably getting some kind of pressure from european investors say
come Talk Territory but also we know that the Listing Requirements on the your next amsterdam are similar to what you have in the genesis Stock Exchange so they can keep their board and their management for example and also not to mention thats best does have some kind of a presence in Amsterdam Definit for about three decades and remain the biggest Public Company in south africa they will play station he will which is important to south africa because band. The volume just if you look at the stock market on the day Trading Volume bright not specify about fifty percent so people really also question whats going to have to this Truck Exchange in south africa but i think if youre looking at from from a wall sort of broad economic basis i think South African Public Official be interested to know the commitments that theyve made to investing in for example South African Tech Start Ups will they keep to that and they were very they went at pains to state that those commitments will stay in place that they will still be looking at to make those billion rand investments when it comes to take start ups in the country but just tell me how does the. Tech giant already take
a company operate in a company in a country beset by blackouts event Small Business have been dying in this if you know its really its killing a lot of industries the small the smaller pay is i mean these are the guys who once you turn that one customer away if you dont know if theyre coming back right it is a difficult environment to operate in but i its perhaps telling off just the climate that that is happening in south africa right now the fact that Companies Like these see a potential for earnings outside of the country that illustrate this is necessary aside of the country so i mean this is this Election City Problem we will go new learn the full extent of just how far this is going to take us as the he is as he is in the days go by but yeah it is difficult especially for smaller players i mean these guys have you know volts of money that they can you know it seems generate is it cetera but its the really the smaller guys that you have to worry about and not in the business but it must be frustrating for People Living there i mean what what does it mean when when the powers out for eight hours in
a day whats that mean what can you do it means traffic been right it is just so counterproductive i mean youre not getting away because the Traffic Lights are up this is a country where youve got a lot of calls on the road Public Infrastructure isnt great it needs you know a lot of traffic and that means people being late to work and stuff reckons its really i mean it is far reaching the impact that this has i mean youve got kids sitting across rooms and nothing is working so you can imagine the extent and the frustration you watched i mean i was sort of just watching the conversation you know people just you know being so furious reaction to to sitting in the doll that you know it any given day its just its just testament to you know these state owned companies and with the government should be responsible for all of us have some key sectors i guess i mean they talk about them being strategic sixs but you to manage it well then what is the point privatization very good question. Christine thank you very much for coming and good so she has. Now got no once to unclog its roads and get commuters catching trades it could. Proved to be
a major driver of Productivity Growth it could also be great for the environment of course but resurrecting the nations tiny brail their work and extending it will mean massive investments. Traffic in ghanas major cities is a daily frustration for drivers and passengers commuters say they can get trapped in gridlock for hours i mean that. This man. Doesnt. Instead of a few hours. Just into us. You can see that some of the drivers get tired and often cars will collide in traffic. I think if the government can put in place an alternative Transport System it would help. The alternative would be a well functioning widespread Train Network but there are many challenges facing the rail sector. The infrastructure for the development of the rule we stick to in
ghana is none exist things in most parts of the country in areas where you will find your lines day in bad shape and threatened by Human Activities if you are now undergoing repair way. Managers in charge of the countrys existing Railway Infrastructure admit that the system has been poorly managed in the past. Its going to have a very rudimentary. Level of real infrastructure. And all that we have and which is incorporated in phase one is that which was bequeath to us after the the exit of the Colonial Administration all of my hundred forty seven kilometers of it thats it. But even with that due to lack of Maintenance Due to lack of investment from governments successive governments we frustrate degrade degrade it degrade it until it came to you know start from halt. Only to Train Networks are active one in
western gonna and the other in the capital but passenger numbers are low the current plan calls for the addition of Four Thousand kilometers to the countrys network at a cost of more than Twenty One Billion dollars the hope is for backing from europe and asia City Planners say the investment is essential. Yes their course is a man avoidable. Go to erupt in order to evil particularly they are rebuilding their cities the cost is going to be huge but when it is stretched over a. Long period you see that is economical. The government hopes to put in place an effective Train Network in the next ten years with more than ten trains operational within the city centers once funding is secured. All commuters can do is hope the new infrastructure comes sooner rather than later. Boeing has wasted no time in getting the worlds grounded
fleet of seven three seven max eight aircraft back in service the company says it will update pilots and regulators on progress of the new Software Patch by wednesday representatives from southwest american and United Airlines are all expected at a Boeing Facility Near washington d. C. Review been new software which still needs approval from regulators. All seven three seven x. Eight airplanes remain grounded after three fatal crashes in individual and if you feel. What you order online might not be the real deal the german Custom Services ease of a five million packages with counterfeit products last year alone thats an increase of more than fifty percent over the Previous Year of a products added value of them was two hundred Million Euros two thirds were shipped from china mostly fake jewelry had bags and sunglasses also Electronics Like counterfeits not just. Maybe
a has been chaotic place since the fall of dictator mama gadhafi and twenty eleven different factions have been fighting to seize control of the country but hopes are high at u. N. Sponsored reconciliation conference next month could help rival administrations reach a deal libyas huge oil reserves have played a key role in the conflict but its not the only treasure buried beneath the desert sands. Meillard mohamed regularly comes out to the desert to get away from the noise and pollution of the city he says for him exploring the harsh landscape is a kind of therapy one that can pay off along the way he searches for telephones white does or truffles in demand in the gulf states. Even the small truffles have a special taste in the past people used to cut the truffles into pieces and dry them that made them softer and they could be used as a spice. Unlike In Europe Religion truffle hunters dont use
dogs or pigs to track down the prized fund guy the truffles are often very deep and it takes an experience to know where to dig abundant rain this year has made them more plentiful than usual but thats also driven down prices dealers will only give me a lot mohammed a little over half what hes charged for them in the past so the current rate translates into about fifty euros a kilo but this is not just about money the Trouble Hunter says his love for the Libyan Desert will always draw him back. Like to get a face the first nice thing business i think. We make up about three quarters of a fix that under budget cuts we are the seven surface of. The want to shape the continents future. To be part of enjoying african youngsters as they share their stories their dreams and their challenges costs a Seventy Seven percent to g. W. s platform specific charge. Whats the connection between bread flour and the European Union dinos guild motto w correspondent alan baker can stripes this cooking line with the rules set by the. Team. No. Smoking
recipes or Success Strategy that make a difference. Baking bread on the d w. E the release. Of the good news. Be a subject good to see the good news. To me meat presumably eat show some respect good move slow some Flooding Issues the first place the good news. To slowly should. Move a good news cold come up to flock to splat