1. Kenya Power Begin to Use GPS to Prevent Theft of Electricity

Kenya Power will install Global Positioning System (GPS) technology into its meter-reading devices to curb electricity theft and boost collection. The hand-held equipment will be used to track geographical positions of meters and will relay customers’ details like their location, readings and monthly bills to the central office. This will help the electricity distributor to stop collusion between its meter readers and consumers as well as capture faulty infrastructure like transformers speedily.

2. JKIA is the Best Airport in Africa by Flight Route

The awards, which are voted exclusively by airlines, included five regional categories: Europe, the Americas, Asia, Africa and CIS.  This year, for the first time, the awards included a special award for Airports Under Four Million Passengers and presentations of a Tourism Award for best destination marketing campaign by a tourism authority and the ORBIS Award for Social Responsibility also took place.

JKIA was ranked first in Africa, and Mombasa international airport was fifth.

3. Why Creative Careers May be Reserved for The Privileged

... To be a writer in this market requires not only money, but a concept of ‘work’ that is most easily gained from privilege. It requires a sense of entitlement, the ability to network and self-promote without seeing yourself as an arrogant, schmoozing blowhard. And it requires you to think of working for free... is it true that only the privileged can afford to be creatives?

4. 600 Million New Jobs Needed over the next 15 years Globally

The global economy will need to have created 600 million new jobs between 2005 and 2020 to absorb young people entering the work force, spur development, empower women and prevent unrest, the World Bank said. In its World Development Report released yesterday, the bank said jobs should be at the top of governments’ agendas less than two years after the lack of employment opportunities helped fuel the uprisings that toppled leaders in Egypt and Tunisia. The effects extend beyond the economic sphere, making job creation a cornerstone to development, the report said.

5. Stanchart Offers Second Rights Issue

The Standard Chartered Bank yesterday morning announced a rights issue that is to commence on 9^th October and end on 26^th October making the total period 3 weeks. This is the second Rights Issue the bank has had, with the first being held in 2010 where the rights were oversubscribed, and they seek to raise KES 3.2 billion. The aim of this finance sourcing is to increase their capital base.

6. 1.9 Million Fake Phones Put Off

THE Communications Commission of Kenya yesterday said that 1.89 million counterfeit handsets had been cut off since Sunday night. The fake phones can now no longer receive or make calls, send messages, or access mobile money services. However their sim cards can still be transferred to geunine mobiles and will retain their data. CCK said that by 4pm yesterday Safaricom had switched off 754,269 phones, Airtel 588,831, Orange 72,000 and yuMobile, 470,000 phones. However the figures from the telcom companies did not exactly match apart from those issued by Orange.

7. Kenya Army Says it Now Controls Kisimayu

Allied African troops have taken full control of Kismayo in Somalia, the last stronghold of Islamist rebels who have been fighting against the country's internationally backed government, a Kenyan military official said Tuesday. Remnants of the militants, known as al-Shabab, executed seven civilians who did not support them in the southern part of Kismayo on Monday, the Kenyan military said.

8. Greek Unemployment Hits a Record High at 55%

A new report from Eurostat shows that youth unemployment has increased across the European Union since last summer, and in Greece it grew by a continent-record 10 percentage points. Youth unemployment in Spain and Greece is now 55% and 53%, incredibly. Some low-lights from the report are in the graph above, which compares August 2011 to August 2012 (or to June, where August figures were unavailable) in Greece, Spain, Italy, the UK, the EU average, and the United States.