Edna Mwenda

Aerodromo Santa Fe

Business and Data Journalist at Nation Media Group

2023 @INMAorg's 30UNDER30 Business Journalist @BD_Africa @nationafrica @the_eastafrican Actuarial + Data Science💻 📈 🧘🏾‍♀️| breathwork| divine feminine

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Articles

NCPB warehouse leasing revenue declines to Sh359 million

3 weeks ago | businessdailyafrica.com | Edna Mwenda

The National Cereals and Produce Board (NCPB) earned Sh359.7 million in revenues from leasing warehouses and storage facilities in various counties to farmers and private enterprises last year. Newly published data from the 2025 Economic Survey shows that the revenue dropped from Sh383.2 million received in 2023. NCPB, however, earns the bulk of its revenue from the sale of cereals.
Illicit alcohol outpaces legal booze as Kenya loses billions in taxes

3 weeks ago | businessdailyafrica.com | Edna Mwenda

Kenyans are now drinking more illegal alcohol than legally produced beverages, a new report shows, as rising prices and accessibility challenges push consumers underground. But while affordability remains the main driver, the surge in illicit alcohol use is raising alarm over growing public health risksâ€”from fatal ethanol fortification to widespread bacterial contamination.
EPZ sales rise 21pc to Sh136bn on foreign demand

3 weeks ago | businessdailyafrica.com | Edna Mwenda

Sales from the export processing zones (EPZs) grew 21.7 percent to Sh136.2 billion last year attributed to an increase in the number of firms gazetted as EPZs and a strong demand in the export market. Data from the Kenya National Bureau of Statistics (KNBS) shows that this has resulted in an increase in the employment rate at the zones and in the formal manufacturing sector by 1.9 percent to 369,200 people.
Sale of timber from State forests surges after lifting of logging ban

4 weeks ago | nation.africa | Edna Mwenda

The sale of timber from government forests more than tripled to a record high last year, following the lifting of a six-year long logging ban. Official data from the latest Economic Survey shows that total sales of timber from these forests, including Mau, increased to 618,800 cubic metres from 159,400 cubic metres in 2023.
Government-built affordable houses halved to 1,655 last year

1 month ago | businessdailyafrica.com | Edna Mwenda

The number of residential housing units completed by the government fell by half to 1,655 units in 2024 from 3,357 houses in the year before, new data shows. Official data from the 2025 Economic Survey by the Kenya National Bureau of Statistics (KNBS) shows that the value of these houses subsequently fell to Sh4 billion from 11 billion.
81pc of affluent Kenyans eye six-figure bonuses -StanChart

1 month ago | businessdailyafrica.com | Edna Mwenda

Eight in 10 affluent Kenyans expect to receive a bonus of between Sh100,001 to Sh500,000 this year, a new report shows, mainly attributed to the performance of the firms they work or own. The 2025 Kenya Bonus Study by Standard Chartered Bank Kenya shows that 81 percent of affluent Kenyans expect to receive a bonus of between Sh100,000 and Sh500,000 compared to 59 percent last year.
Credit Bureau firm Metropol cedes business to new entity

1 month ago | businessdailyafrica.com | Edna Mwenda

Credit reference bureau services provider Metropol is set to transfer its assets and some of its liabilities to a new party named Geni, that will continue with the business of generating reports on borrowers' creditworthiness. Geni 2 (Kenya) Limited will take over Metropol Corporation Limited's assets and select liabilities while a similar transaction will be done by Metropol Credit Reference Bureau Limited and Geni 1 Kenya Limited.
Juja, Kiserian, Ongata Rongai top growth in home sale prices

1 month ago | businessdailyafrica.com | Edna Mwenda

Juja, Kiserian and Ongata Rongai recorded the highest growth in residential property sales prices among Nairobi‚Äôs satellite towns in the year ended March as buyers shifted their focus from the suburbs to more affordable areas with good infrastructure and amenities.
Baloobhai Patel buys extra Sh157 million Absa Bank shares

1 month ago | businessdailyafrica.com | Edna Mwenda

Billionaire investor Baloobhai Patel bought an additional 9.17 million shares in Absa Bank Kenya with a current market value of Sh157.7 million in the year ended December 2024, increasing his stake in the company where he is the top individual shareholder. His ownership in the review period stood at 65.03 million shares equivalent to a 1.2 percent stake, up from the prior year’s 55.8 million shares (1.03 percent), according to disclosures in the lender's latest annual report.
Nerds, beer, and intellectual debates: How drunken lectures are shaping Nairobi's social scene

2 months ago | nation.africa | Edna Mwenda

It’s around 5.30pm on Monday, and tens of young Kenyan men and women are walking into a drunken lecture meeting in a Nairobi café. Here young people are discussing an uncommon topic – the economy during the President Daniel arap Moi era, the late 70s to early 2000. It is a drunken lecture, meaning that some of the young people are sipping whatever they love most while talking, but not bar banter.