Strategy that make a difference. Baking bread on d. W. Take food personally i do anything with a little bit under 50 people in stories that make the game so special. For all true fans. Coming. Off more than football on line. The fact that. Uganda airlines returns to the sky to carry a says its learned from its the stakes but critics want the end on its not fit for the future also coming up the new i. M. F. Head calls on squabbling nations to set aside their differences and join forces to fold to a Global Economic slowdown. And will rock n rolls coming your way soon the north african countries getting ready to expand its export market. I want to welcome to the business africa and its time to fast your seat belts ugandas National Carrier is back to the skies after it collapsed almost 2 decades ago with brand new planes and a fresh management to the east african country hopes that the revived Uganda Airlines will boost tourism and attract investors some critics though are skeptical. You can be elaines received. Aircraft. 2 months ago they took to the skies as planned to compete for business venue chief executive says it was a long overdue your investment we are back a myth because as you know after 18 years of having no National Carrier here. Basically you mistyped is it sure that the country has suffered it has suffered from a connectivity point of view it has suffered from any industry participation point of view he suffered through he made sense economically already flying to multiple east african distance nations this state funded uganda reports that the Mogadishu Somalia route is so far the busiest. Wants to expand its fleet size to 6 planes including larger airbus a 330. 00 aircraft and launch International Flights by 2022. Its a demand driven plan so were not bringing in these this speculating whether the market or not the market is already there yes and so when you have those ingredients then the chances of success yet the airline is relaunching at a time when competitors in the region are struggling to be profitable critics no question the National Careers fitness for the market especially considering its not in charge of Ground Handling services hub ugandas interior International Airport that they must fight tooth and nail to get back. Cargo handling back to shuttle without not be able to monitor because it is a couple 100 in trouble management on the Ground Handling that. Up look thats where the money is what the public is just little money. Heavy date and reported mismanagement behind uganda elaynes demise in 2001 the government says it has learned from the past mistakes and believes it can now succeed in a competitive market and success they hope could bring more in other sectors of the. Centers the support and he is joining me now in count julius has the airline really learned from earlier mistakes is it fixed for the future. According to this c. E. O. In this field for business the government and the c. E. O. Say that they have learned their lessons from the past mistakes they govern the airline call ups very good to note because of huge debts and then it was poorly money but the chief executive told me that he has carefully selected his team this is a very experienced people they have studied the market and most importantly they have bought brand new aircraft he says it was really expensive for the allen to maintain and keep the bugs in this case when they were really all good but with the revived Uganda Airlines the aircraft is new and they assure that they will be in business theyve learned from mistakes and they look forward for making a profit writes a lot of optimism but why is it so important for uganda to have its own National Carrier that has been a very big question across the political divide the economic divide in uganda discussing the viability and where uganda really has to have its National Korea and the main argument by the government is to attract investment and try truck tourists uganda says it has missed quite a lot different that it does not hide its National Career and tourists have been going to countries like run countries like kenya and uganda has not been really attractive to them including investors now the government says if you have a national the National Career it presents the country before the investors and this conversation will boost the confidence so the government is looking forward to seeing as many tourists coming here to see the gorillas and truck sions and so they visit as they are also expected to come ian large numbers so they are banking on the national i mean to really help a truck these groups of people. Where they are reporting from come thank you so much. Saudi arabia and the gulf states have given so don one and a half 1000000000. 00 and promised 8 with another one and a half 1000000000 to follow by the end of next year the aid consists of a 5 100000000. 00 payment to Sudan Central Bank and 1000000000. 00 worth of food and Petroleum Products queues for bread and fuel are common in sudan the aid package was agreed soon after former president Omar Al Bashir was ousted throwing a lifeline to sudans new military leaders. The new head of the International Monetary fund doesnt mince words in her 1st speech as i. M. F. Chair chris studied. War and that trade wars geopolitical tensions and the brics it could lead to broken supply chains and compromise growth the consequences she said could still be felt in generations trade conflicts are causing widespread lasting damage thats according to the i. M. F. Incoming managing director chris to give our she fears they could shrink the Global Economy by 700000000000. 00 or 0. 8 percent of g. D. P. Next year the 20 to date even more of the world the colony is moving in sync but unfortunately this time growth is celebrating to be precise in 2019 we expect Slower Growth in nearly 90 percent of the worlds. In other words the World Economy is now in synchronized slowdown. The former world bank chief went on to say the looming crisis requires a coordinated response to tackle what she called the most serious threat since the Global Financial crisis a decade ago in the event of a Major Economic downturn the i. M. F. Expects Many Companies to fail 19 trillion dollars of corporate debt could then be at risk of default the fund is especially urging strong economies like germany the netherlands and south korea to increase Government Spending to help boost demand and stimulate growth but says that kind of stimulus is not appropriate for all countries because so many already have record high levels of public debt. And now to some other all of the stories making news around the world. Something and 20 x. Is expecting its operating profits to drop more than 56 percent in the 3rd quarter down to 6400000000. 00 u. S. Dollars a stock reversal from the same period last year when it posted record results as ask green tech giant cited a sluggish Global Demand for computer chips. Run the us maro group has launched 2 smartphones describing them as the 1st made in africa m r a x and said use googles android operating system and cost 190. 00 and 130. 00 respectively theyre competing with some songs cheapest 54. 00 smartphone but mara says its looking for a more affluent target. An apple a day keeps the doctor away and in morocco there are plenty of apples the north african country only begin x. Exporting then 10 years ago the sector has grown rapidly morocco produces around a 1000000 tons of apples per year employing more than 20000000. 00 people and this saves is only the beginning. Middled in the high plains about 5 hours drive inland from or about the 1500 metre altitude means the climate is cool enough to grow apples in the area produces some 400000 tonnes about a 3rd of moroccos annual apple crop. In this region we have good quality apples they keep well in cold storage and we transport them to a deer americas shown casablanca. Thanks to a combination of government and private investment and the introduction of modern farming techniques production has increased by more than 25 percent in the last decade most of the crop is destined for the local market morocco exports only a relatively small amount of its crop mainly to france and neighboring senegal but export prospects are improving thanks to the high yields plus increased Storage Capacity and refrigeration now the Agriculture Ministry wants to target new markets such as russia and germany. To india now a country that wants to push electro mobility within the next 10 years india wants half of all traffic to be emissions free including transport modes especially aimed at tourists Old Fashioned horse carriages are banned in mumbai solution and the electric buggy. Totally silent and emissions free. These carriages are the latest attraction on the streets of mumbai. If you think theyre missing a bit of horsepower youd be wrong. These chariots are run on electricity. The 1st customer of the day is 89 year old s. P. Part of having completed his Maiden Voyage he seems in them and by this mode of transport of one. And im really fond of these new things. New thing i feel very much. Better nice and i must add my own roof the time that. The electric buggies are the brainchild of this man. Hes hoping that inventions of this kind will help make indias transport sector more environmentally friendly. The government has Ambitious Goals in the area in the next decade it wants over half the vehicles on the road to be electric. Thanks piers it is going to be a common mans going to but at the end of the day when you sit on a dime and spacing at a speed of maybe. Like. I had it sucked. You out on its going to experience some 40 electric carriages are already being used to ferry tourists to mumbais famous signs for an Old School Chum alongside a new age technology. And thats your Business Update here and u. W. For me and the business africa team thanks for watching. The for. The food. The food. Welcome to the real world. Last. Welcome to. The culture the 1st place and nothing came. Close. To. 60. 6 of fish. To africa and the moral code or link to exceptional stories and discussions from oh news and easy town while wimps i do debbie to come smash the coffee join us on facebook at g. W. I forgot. This as did other news africa coming up on the show no end in sight for the Islamist Insurgency and not to get an inside view from the former militant his message to the conflict is set to continue unless the secret fundamental change the governments approach towards government is come out fight the jihad just because they do not have the right policies in place to turn to help the civilians could you have its much better organized or. Not she left the company to bring by
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