As global leaders jet out of Glasgow, leaving the hard bargaining to their delegates, Business Weekly looks at what the pledges made so far really mean. Will rich countries be able to support the financial demands made of developing nations to help them transition away from fossil fuels? And what did activists make of Indian Prime Minister, Narendra Modi’s promise of reaching net-zero by 2070? Also on the programme, we hear why some people enjoy trophy hunting - and whether it can ever be a usef...
Nov 06, 2021•50 min•Transcript available on Metacast Central Banks around the world are introducing digital currencies and last month Nigeria became the first African country to launch one - the eNaira. But what is a digital currency and how are Nigerians reacting to theirs? We hear from people on the streets of Abuja. Tamasin Ford speaks to Rakiya Mohammed, director of information security at the Central Bank of Nigeria. Chinwe Egwim, chief economist at Coronation Merchant Bank in Lagos, explains why the eNaira has been introduced and the benefit...
Nov 05, 2021•18 min•Transcript available on Metacast Inflation has hardly been seen in the developed world economies for the last three decades. But now some economists are warning it could be returning with a vengeance, because of supply chain problems, post-Covid exuberance, and higher wage demands. What is going on, and should we all be worried? We hear opposing views from Claudia Sahm, former economic adviser to the Federal Reserve and the White House, Steve Hanke of Johns Hopkins University, and Andrew Sentance, senior adviser at Cambridge Ec...
Nov 04, 2021•18 min•Transcript available on Metacast Guy Hands, the founder of Terra Firma, opens up on the highs and lows and risks involved in deal making and private equity. From being bullied at school to becoming a household name, buying and selling businesses from cinema chains and pubs to waste management, aircraft leasing and green energy companies. We hear his side of the deal that turned sour, the acquisition of multinational music company EMI in 2007, and how his addiction to doing deals has affected his personal life. Ed Butler is in c...
Nov 03, 2021•17 min•Transcript available on Metacast The future of credit for the young, or just another way of getting into debt? Would you pay for a product now, when you could simply delay payment for free? Ever since the pandemic forced millions of us to stay at home, millions more of us have been buying goods online using a new form of credit. Buy now, pay later offers goods interest free and it's proving very tempting to many younger shoppers. But is it just a new form of debt trap? Ed Butler speaks to Nick Molnar co-founder of Afterpay and ...
Nov 02, 2021•18 min•Transcript available on Metacast As the world focuses its attention on climate, we’re looking to the money that could create real change. Venture capital is the type of financing that can take new ideas to the mass market and it’s finally looking to fund clean, green tech. First, to understand how start-ups go about seeking VC funding, Vivienne Nunis hears from founder Diedre McGettrick. Gabriel Kra, of the venture capital firm Prelude Ventures, explains the shift he's seen in low-carbon investing. But Silicon Valley attracts t...
Nov 01, 2021•18 min•Transcript available on Metacast As world leaders gather in Glasgow in Scotland for the UN’s global climate conference, COP26, we ask if a new project partnering with the private sector will help save the Amazon rainforest, or whether it’s simply another way for the corporate sector to pay away its guilt. Plus, we hear from a youth delegate to the last big climate conference in Paris – what is she hoping for this time round? And, can electric freight vessels help global shipping to go green? We hear how a Norwegian company is w...
Oct 30, 2021•50 min•Transcript available on Metacast Trophy hunting – paying to kill large animals, often in African game reserves – promotes strong feelings. Many oppose it, but some conservationists argue it adds value to wildlife and their habitats. We discuss the arguments and hear from a psychologist about the motivations of people who want to kill animals in the wild. With Doctor Sue Snyman from the School of Wildlife Conservation; Dr Mark Jones who represents the charity Born Free; tourism expert Dr Muchazondida Mkono; and Geoff Beattie, th...
Oct 29, 2021•17 min•Transcript available on Metacast How does a $200,000 starting salary sound? That’s now the industry standard for newly qualified lawyers at big corporate law firms in the US and the UK. But before you sign on the dotted line consider that in exchange for your princely wage packet, 100 hour working weeks and being on-call 24 hours a day could be part of that deal. So is it all worth it? Elizabeth Hotson speaks to "recovering lawyer" Taly Matiteyahu, whilst Christopher Clark, director of legal head hunting firm, Definitum Search,...
Oct 28, 2021•17 min•Transcript available on Metacast Around one fifth of the world’s 2000 largest public firms have committed to net zero targets in the coming years. Most are pledging to something called climate neutrality by a given date. But do these pledges actually make any difference in the flight against climate change? We here both sides of the argument with climate futurist Alex Steffen based in California, and Simon Glynn, the co-lead on Climate and Sustainability, at the UK management consultants, Oliver Wyman. (Image: Cooling towers at...
Oct 27, 2021•17 min•Transcript available on Metacast Fergus Nicoll travels to the port of Workington in the north west of England, where he hears from port manager Sven Richards about how small regional ports can make global haulage more sustainable. Blue Line Logistics run a fleet of low emission barges in Belgium and the Netherlands and have plans to expand to the UK and the US. Fergus speaks to the company's founder, Antoon van Coillie. The BBC's Adrienne Murray has been looking into the research and development going into producing 'green fuel...
Oct 26, 2021•17 min•Transcript available on Metacast The Amazon is the world's largest rainforest but this crucial carbon sink is facing increased deforestation. Land clearing for mining or agriculture has increased under Brazil's president Jair Bolsanaro. But the world needs the Amazon jungle to keep absorbing carbon if more ambitious climate goals are to be met. Is there a place for the private sector to step in where governments have failed? Vivienne Nunis hears from economist Nat Keohane about a new not-for-profit called Emergent. It acts as a...
Oct 25, 2021•17 min•Transcript available on Metacast As the Swiss bank Credit Suisse is fined $475m for participating in Mozambique’s tuna bonds fraud, on Business Weekly we find out how the southern African country was devastated by the scandal. Also, we hear how a decaying oil tanker marooned off the coast of Yemen could trigger a major environmental and humanitarian disaster. The SFO Safer is loaded with hundreds of tons of crude oil - so why is it just being left to rot? Plus, we report from a climate conference in Edinburgh where delegates ar...
Oct 23, 2021•50 min•Transcript available on Metacast Are the days of the big fat Indian wedding over? Since Covid Indian weddings have got a lot smaller. But will they go back to what they once were? Rahul Tandon speaks to bride to be Yashaswini Singhdeo, mother of the bride Meenal Singhdeo, Sandip Roy author and columnist, Ambika Gupta wedding planner and owner of the A cube project and Parul Bhandari a sociologist from the Indian centre of social sciences and humanities . (Photo: Indian couple hold hands during a wedding ceremony. Credit: Amir M...
Oct 22, 2021•17 min•Transcript available on Metacast The social media giant's algorithm has been accused of amplifying divisive content and disinformation. Could regulating it make Facebook a kinder platform? Ed Butler speaks to the BBC's Silicon Valley correspondent James Clayton about the latest revelations from Facebook whistleblower Frances Haugen, and renewed demands for a crackdown by US lawmakers. Former Facebook data scientist Roddy Lindsay explains how Facebook's alogrithm became the focus of criticism of the platform, and how a change to...
Oct 21, 2021•18 min•Transcript available on Metacast Decaying oil tanker could trigger an environmental and humanitarian disaster. The FSO Safer is marooned off the coast of Yemen in the Red Sea, close to one of the world's biggest shipping lanes. A massive oil spill or explosion from it could disrupt global trade for months and lead to an environmental and humanitarian catastrophe. It's loaded with hundreds of tons of crude oil, its hull is rusting and it hasn't moved in years. So why isn't anybody doing anything about it? Nominally the Safer is ...
Oct 20, 2021•17 min•Transcript available on Metacast Is the Western diet ready for farmed insects in food? Although insects are consumed by more than two billion people worldwide, acceptance of them in the Western diet is still low, but could that be changing? With climate change, a growing population and an increased demand for protein all putting pressure on our food system, insects offer an interesting and more planet friendly alternative to meat and fish. Malena Sigurgeirsdottir is the co-founder of Hey Planet which has just launched a meat su...
Oct 19, 2021•17 min•Transcript available on Metacast We report from the Countdown summit in Edinburgh where fresh ideas to fight climate change are taking centre stage ahead of the UN climate talks, starting in Glasgow later this month. Vivienne Nunis hears from the business leaders and scientists coming up with new ways to cut carbon emissions in some of the world’s dirtiest industries. Mahendra Singhi is the boss of Dalmia Cement, one of India's biggest cement manufacturers. He tells us how his company plans to become carbon neutral by 2040. In ...
Oct 18, 2021•17 min•Transcript available on Metacast Millions of people in Afghanistan are living in extreme poverty as prices rise and salaries go unpaid. There are warnings that hunger will follow the devastating drought, just as the cold weather sets in. How will the world respond to calls for help? Business Weekly hears from development economist and former World Bank expert in Afghanistan Dr William Byrd. Plus, as the supply chain gets clogged across the world- we’ll ask how they can be made more resilient? We also hear from Berlin, where vot...
Oct 16, 2021•51 min•Transcript available on Metacast As the world turns its attention to addressing climate change, Business Daily is in Edinburgh. We bring you an inside glimpse of the conversations setting the agenda ahead of the UN climate conference COP 26, which starts in Glasgow in just over two weeks. Here in the Scottish capital, the ideas company TED - famous for Ted Talks - is holding its own climate summit, Countdown. It puts CEOs, government ministers, philanthropists and activists all in the same room. Vivienne Nunis hears from Pacifi...
Oct 15, 2021•17 min•Transcript available on Metacast How disruption in a single port, factory or freight centre can cause global chaos. Ed Butler speaks with Stavros Karamperidis, an expert in maritime economics at the University of Plymouth, and Kent Jones, professor of economics at Babson College in the US. Meanwhile, chief economist at Enodo Economics, Diana Choyleva, explains how China's energy crisis will impact exports and the price we pay for goods, and Professor Marc Busch from Georgetown University explains why he thinks governments shoul...
Oct 14, 2021•17 min•Transcript available on Metacast Why the government doesn't like video games, and what's next for China's gaming culture. Ed Butler speaks to Josh Ye, who covers gaming for the South China Morning Post, and Professor Steve Tsang, director of the SOAS China Institute. German professional League of Legends player Maurice 'Amazing' Stückenschneider describes China's current dominance in the world of eSports, and the damage that restricting playing hours could do, and Chinese games investor Charlie Moseley describes how the increas...
Oct 13, 2021•18 min•Transcript available on Metacast Why many women are delaying motherhood, how is technology helping, and what does the law say about all things fertility and the workplace. Zoe Kleinman speaks to lawyer Louisa Ghevaert, to Dame Cathy Warwick, chair of the British Pregnancy Advisory service, and others. (Picture credit: Getty Images)
Oct 12, 2021•17 min•Transcript available on Metacast There are an estimated ten million donkeys in sub Saharan Africa, many providing crucial roles supporting the livelihoods of low income families. We explore why these beasts of burden are so important to the economics of the region, and how demand from China for the skins of donkeys is worrying many across Africa. We visit a donkey sanctuary in Lamu, Kenya, and speak to one campaigner trying to stop the slaughter of donkeys for the export of their skins. We also hear how donkeys support economic...
Oct 11, 2021•17 min•Transcript available on Metacast On this episode of Business Weekly, with the site down and a whistle-blower’s testimonial, was this Facebook’s worst-ever week? We hear what went wrong with their internal internet and find out why Frances Haughan’s evidence to Congress was important. Plus, we discover how a tech company is helping dispatch ambulances in Kenya where there is no centralised system. And if music be the food of love - swipe on. We hear from the app designer hoping to match-make with music. Business Weekly is presen...
Oct 09, 2021•51 min•Transcript available on Metacast Geraldine Robarts is a painter based in Kenya who has been exhibiting since 1958 and who still paints everyday, aged 82. Whether it’s a passion for what they do, the social connection, or the simple need to earn a living, a growing number of octogenarians remain in work. Over the coming weeks, Business Daily will hear from several workers putting in a shift, well into their ninth decade. As retirement ages around the world creep higher, we're asking what can these older professionals teach us ab...
Oct 08, 2021•17 min•Transcript available on Metacast We go to Dandora, one of Africa’s largest rubbish tips. A court in Nairobi has ordered the dumpsite to come up with a concrete plan to close by February next year. But what will that mean for the community relying on the waste to survive? We hear about life at Dandora through the eyes of Liz Oteng’o, who grew up relying on airline meals dumped at the site. Vivienne Nunis hears how she and her husband Remco Pronk, are fighting to change the lives of those growing up there today. Image credit:Gett...
Oct 07, 2021•17 min•Transcript available on Metacast Google pledges to be carbon free by 2030. Ahead of next month's UN Climate Summit, the company has come out with new targets to become greener than ever. But what does that mean? Is Google supporting the energy transition away from fossil fuels or just fuelling ever greater consumption? Ed Butler speaks to the company's Chief Sustainability Officer Kate Brandt, about how this is just the latest step in her company's aim to be a world leader in sustainability. Ian Bitterlin, a Consulting Engineer...
Oct 06, 2021•19 min•Transcript available on Metacast Are virtual online worlds the future of the internet? Facebook's Mark Zuckerberg thinks so. He is among the tech leaders who say we'll increasingly live, socialise, play and shop in the metaverse. Is he right, and what is the metaverse anyway? Ed Butler speaks to venture capitalist and metaverse big-thinker Matthew Ball, and to Manuel Bronstein from Roblox - the hugely successful gaming platform where gamers already live out virtual lives through their avatars. Janine Yorio tells us why her 'vir...
Oct 05, 2021•19 min•Transcript available on Metacast Getting to hospital in a medical emergency, in countries without a centralised ambulance service, can be critically slow. In rapidly urbanising Kenya, Vivienne Nunis meets Caitlin Dolkart – cofounder of Flare; a company which created a technology platform to dispatch ambulances anywhere across the country. But how do you direct an ambulance without accurate maps? We hear from Humanitarian Open Street Map’s Ivan Gayton how open source data is improving heathcare outcomes. Image: Ambulance operato...
Oct 04, 2021•17 min•Transcript available on Metacast 
