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/ 22 November 2005

New Kenyan Constitution heads to rejection

Kenyan voters appear to have rejected a proposed new Constitution in a landmark referendum after a vitriolic campaign that deeply split the East African country, an election official said on Tuesday. In a major blow to President Mwai Kibaki, the official said near-complete results showed the ”no”-vote with an insurmountable lead.

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/ 22 November 2005

JSE eases on rand, profit taking

The JSE was slightly weaker just before noon on Tuesday as a stronger rand and continued profit taking offset the positive effect of higher commodity prices. By 11.53am, the all share and all share industrial indices shed 0,14% and 0,17% respectively. Financials fell 0,43% and the banks index was 0,72% in the red.

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/ 22 November 2005

‘GM cannot shrink itself to prosperity’

Closing nine plants and laying off thousands of workers will only exacerbate General Motors’ (GM) woes, the auto maker’s main union said Monday. The plant closures in Michigan, Oklahoma, Tennessee, Georgia, Pennsylvania and Canada announced by the auto maker on Monday will result in the loss of 30 000 jobs.

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/ 22 November 2005

DA, Renamo agree on multiparty democracy

South Africa’s official opposition Democratic Alliance and its Mozambican counterpart, Renamo, have agreed to sign a record of understanding in the new year, the two parties announced on Tuesday. This follows a visit by DA leader Tony Leon to Mozambique to hold talks with Renamo, headed by Afonso Dhlakama.

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/ 22 November 2005

Wanted: Livable public housing in France

As France ponders why its still-smoldering suburbs erupted into three weeks of sustained rioting, one culprit singled out for blame is the soulless, high-rise concrete jungles ringing the country’s major cities. Add last summer’s fatal fires in rundown Paris tenements, and suddenly affordable, livable public housing is a front-burner issue.

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/ 22 November 2005

Zimbabwe grounds airline over fuel shortages

Zimbabwe’s beleaguered national airline has grounded its entire fleet of planes due to lack of fuel, a state-controlled newspaper reported on Tuesday. Angry passengers bound for destinations including Johannesburg and Singapore found themselves stranded on Monday at Harare’s main airport following the flight cancellations, the Herald reported.