Business Daily

Business Daily

By BBC World ServiceBusiness
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Business Daily episodes

  • What children owe their parents

    Is it up to children to support their parents financially? Manuela Saragosa hears from Lamees Wajahat in Canada, who has been supporting her parents to pay the bills since she had her first part-time job. But is it the duty of the family, or the state to provide? Manuela speaks to Professor Sarah Harper of Oxford University, who argues that opportunities for younger generations are better than ever before, and that family obligations have always been a part of life. (Pic of piggy bank via Getty Images).

    18 min
  • Business Weekly: 21/11/2020

    In this edition of Business Weekly, we look at Britain’s drive to go green, and how effective the proposed ban on sales of new petrol and diesel cars might be. The Chief Operating Officer of the electric vehicle maker Polestar tells us what help the automotive industry needs from the government to persuade people to buy electric. Plus, we meet the first British Royal Air Force officer to openly transition from male to female and chat to her about transgender rights in the workplace. We also look at the digital afterlife and hear from some of the companies promising to manage our online affairs once we’ve passed away. And we discuss why the British Royal Family are still seen as fashion icons. Business Weekly is presented by Lucy Burton and produced by Matthew Davies.

    50 min
  • How Africa's economies are withstanding Coronavirus

    Many African countries have been praised for waging effective campaigns against coronavirus, and the region has a relatively low case count compared to Europe and the US. African economies have likewise been hit less hard, and Amandla Ooko-Ombaka of McKinsey and Company explains how a mix of a youthful population, hot climate and swift government response helped many of these economies stay resilient. But Lisa Owino, of the Kenyan human rights organisation KELIN, says in some cases government intervention over-stepped and was overly punitive to ordinary people. And Tosin Eniolorunda, founder & Chief Executive of Nigerian financial services company TeamApt says digital finance tools helped people maintain social distancing while conducting business.

    (Picture: Kenyans walk past a mural about the Coronavirus in Nairobi. Picture credit: Getty Images)

    19 min
  • Can Fintech fuel Africa’s Covid recovery?

    2019 was a landmark year for investment into digital financial services, or Fintech, across Africa. Despite the pandemic, the Fintech scene is not only still thriving; it’s poised to play a key role in Africa’s economic recovery. Uzoma Dozie, the head of Nigerian startup Sparkle, says with Covid limiting our ability to handle cash, the cashless revolution in Africa is moving along rapidly. But Viola Llewellyn, president of Ovamba Solutions, which helps finance small businesses across Africa, says some sectors of African banking still lagged behind in digital services provision. Barbara Iyayi of Unicorn Growth Capital says Africa has a “perfect storm” of a young population, prevalent mobile services and a low rate of bank account holding, means Fintech will thrive across African economies but the infrastructure needs to be built up more.

    (Image credit: Getty Creative)

    19 min
  • Your digital legacy

    The companies managing your online life after death. Ed Butler speaks to Tom Ainsworth, CEO of Memories, an online memorial service that provides messages from beyond the grave, and to Rikard Steiber, founder of startup GoodTrust, which aims to help people take control of their digital legacies. Pyschologist Dr Elaine Kasket discusses the phenomenon of online death in the age of the pandemic, and why online legacies may be less permanent than we think.

    (Photo: A funeral is livestreamed in Austria earlier this year, Credit: Getty Images)

    19 min
  • Varoufakis: My alternative to capitalism

    With Covid rampaging and many economies on life-support, some say we need to look beyond capitalism. A blue-sky thinker, the outspoken former Greek finance minister, Yanis Varoufakis, gives his thoughts on a radical alternative to standard market economics, including making all employees shareholders in corporations. And Miatta Fahnbulleh, chief executive of the New Economics Foundation, imagines how this might ever be seriously attempted in practice.

    18 min
  • The Pink Frontline

    A lack of legal protection in many parts of the world leaves many transgender employees vulnerable. Few countries offer legal protection against discrimination of transgender people. This week is transgender awareness week - what role do companies play in the rights of transgender people?

    Manuela Saragosa speaks to Caroline Paige, joint chief executive of a UK pressure group called Fighting with Pride. In 1999 she became the first transgender officer to transition openly while serving in the UK Armed Forces, some 19 years after she’d first joined the Royal Air Force as a pilot. South African author of The Pink Line, Mark Gevisser describes the fight to get laws to protect transgender people from discrimination as a new culture war along a human rights frontier. He says one of the most significant markers is which countries allow people to legally change their gender on official documents. Manuela also speaks to Lily Zheng who is a diversity consultant to businesses and organisations and is herself transgender and to Thai university lecturer Kath Khangpiboon, living and working as a woman in Thailand although official documents only recognise her as male.

    Pic of Kath Khangpiboon, via Kath Khangpiboon

    19 min
  • Business Weekly: 14/11/2020

    Excitement and hope this week as the pharmaceutical giant Pfizer said it believed that its Covid-19 vaccine is 90% effective. On this edition of Business Weekly we’ll look at the logistical challenges of rolling it out. How will it be transported? Who will get access to it - and how much will it cost? Also at a high level climate change conference in London our correspondent chats to chief executives who say capitalism can help the planet - but will they put their money where their mouth is? Plus, what, if anything do parents owe their children? We have the intriguing story of the man who sued his parents because they couldn’t afford him. Business Weekly is presented by Lucy Burton and produced by Vishala Sri-Pathma.

    50 min
  • The problem with polling

    Is the polling industry the real loser in the American presidential elections? Pollsters have come in for criticism that they misjudged President-elect Biden’s support, and did even worse in the state senate elections. Andrew Gelman, professor of statistics and political science at Columbia University explains why some of the errors were made. Zeynep Tufekci, associate professor at the University of North Carolina, Chapel Hill, argues that polling can have a distorting effect on democracy itself, changing how people vote or whether they do at all. Meanwhile, Anthony Wells of UK research firm YouGov explains how the polling industry functions outside of the electoral spotlight, and why political forecasts are just a small part of it.

    (Image credit: Getty Creative.)

    19 min
  • Does 'Green Finance' offer a solution to climate change?

    Ahead of the 2021 Climate Change Conference, big names in the world of finance are banding together to create ways to reduce greenhouse gas emissions. With new improved carbon offset markets, monitoring and standardisation of emissions goals and an emphasis on channelling capital to projects based on renewable energy, evangelists of so-called 'Green Finance' believe capitalism can reinvent itself to the benefit of the planet. Rhian-Mari Thomas, chief executive of the Green Finance Institute and convenor of the just-finished Green Horizons Summit, outlines the vision. May Boeve of the environmental group 350.org says much of capital is still directed towards climate-damaging industries. And Bill Winters, chief executive of Standard Chartered, explains how an effective carbon offset market would work.

    Produced by Frey Lindsay.

    (Picture credit: Getty Images.)

    18 min

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