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COMING UP:Share Opener Variant 3

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Transcript

00:00:00
for many Africans the first call will be a second hand one but could that be about to change used vehicles like here on the outskirts of Nairobi are cheap and plentiful sent over it virtually scrap prices from Japan in the Middle East which have strict rules on which calls a road where the a billion people live in Africa the day count for just one percent of the world's new car sales and almost all of those are in South Africa , so it's a potentially lucrative markets and one call giants of fibbing to exploit , he started to %HESITATION scanning the markets and we we looked into , ways off of opening them up because they're literally not functioning right now due to importation of used vehicles all the way from Japan or the US it's a dumping ground for used cars major carmakers have now joined together to lobby African governments limits car imports and allow them to stock local productions VW has set up operations in Nigeria Kenya and cat in Rwanda , the sun in South Africa and it's starting to have an effect , horses can reveal that manufactures all set to get tenure tax breaks if the set top in Nigeria Kenya and Ghana companies like VW believe there's a potential market for three to four million you because in Africa ten times the current amount but that will maintaining interest away from the more affordable secondhand markets first of all I lose imply I lose my source of revenue because I normally feed my family a because my children using then , the proceeds I get from the cotton business incomes are rising across Africa and comic is looking to expand into new markets due to global trade tensions in bands on the missions in Europe and elsewhere