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

Nerds, beer, and intellectual debates: How drunken lectures are shaping Nairobi's social scene

3 weeks 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.
Ruto’s office land title missing from official records

3 weeks ago | businessdailyafrica.com | Edna Mwenda

The title deeds for the land on which Harambee House, where President William Ruto's official office is located, and Nyayo House, that hosts the Immigration Department, are missing from the lands registry, Auditor-General Nancy Gathungu said, raising questions about the status of ownership. The Auditor-General said that the cases of missing records make it difficult to protect the government assets, despite efforts to sell some of them.
Revealed: The drug most abused by Kenya’s super-rich

4 weeks ago | businessdailyafrica.com | Edna Mwenda

Methamphetamine, commonly known as crystal meth or locally as ice, is the illicit drug of choice among the super-rich in Kenya, the United States Department of State (DOS) has revealed. Meth is a lab-made or synthetic stimulant with high potential for addiction, according to the US National Institute on Drug Abuse.
CAK limits National Oil, Rubis deal to reduce risk

1 month ago | businessdailyafrica.com | Edna Mwenda

The Competition Authority of Kenya (CAK) has limited the strategic partnership between French oil marketer Rubis and the cash-strapped National Oil Corporation of Kenya (Nock) to five years in a bid to reduce risks that could arise over a long period. Rubis and State-owned Nock applied to the CAK for approval of an eight-year non-equity strategic partnership, but the competition watchdog has only approved five years.
US says red tape, leaks hurting Kenya’s financial crimes fight

1 month ago | businessdailyafrica.com | Edna Mwenda

The Office of the Director of Public Prosecution (ODPP) has been thrust into the spotlight after the US government claimed that undue bureaucracy and information leaks were hurting the fight against financial crimes, including money laundering. “Kenya needs to strengthen implementation of good governance and anti-corruption measures.
Public Works department on the spot over Sh1.3bn fishy spend

1 month ago | nation.africa | Edna Mwenda

The Controller of Budget (CoB) Margaret Nyakang’o has called out the State Department for Public Works for spending Sh1.34 billion with no evidence of work done, raising suspicion of possible financial mismanagement. The State Department was originally allocated Sh5.01 billion, which was revised downwards to Sh3.91 billion in the mini-budget.
30 saccos put on notice over capital inadequacy

1 month ago | nation.africa | Edna Mwenda

30 out of 355 regulated Savings and Credit Cooperative Societies (Saccos) have been placed on high alert for capital inadequacy, meaning they may not withstand economic shocks in the short term. These Saccos do not meet the required minimum core capital of Sh10 million or adhere to the capital adequacy ratios, the sector regulator has revealed. These include core capital to total assets (10 percent) and core capital to total deposits (8 percent).
Why Gathungu doubts veracity of Sh8bn deposits to Judiciary

1 month ago | businessdailyafrica.com | Edna Mwenda

Auditor-General Nancy Gathungu has questioned the accuracy of Sh8.43 billion third-party deposits to the Judiciary after it emerged that part of the amount is still held by ex-Treasury employees while some former court workers had pilfered portions of the collections. The Auditor-General said Sh352.9 million linked to 72 court stations was held by former district treasuries and had not been transferred back to the Judiciary despite gaining independence in 2010 under today's Constitution.
Coloured gypsum lights are damaging your eyes, here's how

1 month ago | nation.africa | Edna Mwenda

In most Kenyan homes nowadays, you see coloured bulbs flickering at night from a distance. Gypsum ceilings in bedrooms, living rooms, or corridors have coloured bulbs, perhaps to give the house an excellent mood lighting. You would even find neon, amber or blue lighting in toilets, corridors and children's rooms.
Only 32pc of CEOs, MDs in Kenya are women-survey

1 month ago | businessdailyafrica.com | Edna Mwenda

A significant 67 percent of chief executive officer (CEO) and managing director positions in Kenya are still held by men, a new survey said, highlighting the persistent gender disparity in leadership. The newly released report by the Kenya Institute of Management (KIM) shows that about a third of CEOs and 21.3 percent of board chairpersons are women-- significantly lower than their male counterparts.