1. The 7000 Jobs in the Police Force

The Kenya National Police Service has announced 7,000 vacancies for recruits. Speaking to the Business Daily, National Police Service Commission Chairman, Mr. Johnston Kavuludi, said the commission is seeking to recruit suitable and qualified candidates who satisfy the provision of the Constitution, the enabling Acts and the additional criteria to be trained as Police Constables.

2. State Sets Out New Ownership Rules for Foreign Ministers

Mining sector investors have expressed mixed reactions over a new law binding them to a minimum of 35 per cent local shareholding before being licenced. “The reasoning is noble to ensure Kenyans participate in the mining industry, but how to implement it, is the question,” said Monica Gichuhi, chief executive of Kenya Chamber of Mines.

According to Gichuhi, the regulation is prohibitive for companies with mining licenses and funded for exploration. She said sudden change of terms of licensing would hurt loans and partnerships based on former regulations.

3. Tullow Says Twiga-1 May Have Oil

Tullow Oil Plc(Tullow) has announced that the Twiga South-1 exploration well, in onshore Kenya Block 13T has successfully  encountered oil. According to a statement from Tullow Oil, drilling is on-going. An earlier statement from Tullow partners  Africa Oil Corp (Africa Oil) on October 26 2012 said an announcement of the drilling result is expected in early to mid-November after target depth has been achieved and necessary sampling and analysis has been completed.

4. CCK Licenses 60 New Set Top Box Dealers

The Communications Commission of Kenya has expanded the dealership of digital decoders from four to 60 to create competition and bring down prices. The new entrants will compete with the existing pay-TV providers StarTimes Media and Multichoice and Free-to air dealers Professional Digital System and Microville Solutions.

Francis Wangusi, the CCK Director General announced this on Monday saying the commission will soon release the list of the new dealers. The market has recorded sluggish sales of free-to air set-top boxes with less than 10,000 sold. This is despite nearly 70 per cent coverage of digital signals in the country.

5. Insurer Pays KES 136 Million to Bank

First Assurance has paid out a KES 136 million as claim to Chase Bank following a robbery in July. The payment represents one of the biggest compensations in the country as a result of bank robbery. The total amount stolen from the bank's branch on Riverside Drive has never been made public but initial police reports put the figure at KES25 million.

"Theft in banks have been on the rise in the country and this trend is worrying," said First Assurance managing director Stephen Githiga yesterday at a press briefing in Nairobi. In February some KES 54 million was stolen from Barclays while KES 84 million was stolen from Family Bank last year and another KES 80 million from Co-op Bank.

6. KPA Workers Threaten to Go On Strike

More than 3,000 contracted workers at the Kenya Ports Authority (KPA) have threatened to go on strike starting Thursday after the management failed to honour an agreement it entered with them in July.