Kenyan Billionaire Businessman Naushad Merali is Dead
Kenyan billionaire businessman Naushad Merali is dead.
Merali is reported to have passed away at his Nairobi residence on Saturday morning aged 70 years.
The tycoon was the Chairman and co-founder of Sameer Group, a conglomerate of more than 10 companies with operations and subsidiaries in many African countries.
Merali was also the founder of telecommunications company Kencell, now Airtel Kenya—the second largest mobile service provider in the country.
Forbes Africa ranked the deceased business mogul as the third richest person in Kenya and 48th in Africa, with a net worth of about $370 million as of 2015.
The Shia Ithna Ashri Jamaat secretariat confirmed that Merali will be laid to rest on Saturday, July 3rd.
“It is the family’s request that Covid protocols be adhered to firmly hence, only immediate members of the family and those assisting with the burial proceedings to attend. The family thanks you for honoring this request,” the secretariat said in a statement.
The family promised to hold a later memorial service in his honor to accommodate a larger gathering.
President Kenyatta eulogized Merali as a gifted businessman whose businesses created thousands of jobs for Kenyans, contributing significantly to the stability of the Kenyan economy.
“Mr. Merali’s business acumen created thousands of direct and indirect jobs for our people and wealth that helped uplift many of our households from poverty. Alongside his celebrated business exploits, Mr. Merali was a philanthropist whose generous giving earned him the ‘Chief of the Order of the Burning Spear’ state commendation,” said Kenyatta.
Merali leaves behind a wife Zarin Merali and children Yasmin and Sameer Merali.
Comments (12)
POTEA GHASIA.How come stolen and grabbed property could not save thug Merali?Like expired gangster Kirubi,the dead hyena has been looting since the days of cannibal Kamau but that didn’t help him from joining other fallen thieves.
Very informing
RIP Merali,RIP.
But truth be told.
Lots of folks died and some are still sick because of EVEREADY BATTERIES IN NAKURU...FOLKS REMEMBER THAT? BESIDES HIM BEING AS CORRUPTED AS THE REST OF THEM.
Responsible for selling and killing mwalimu sacco. Results: loss of jobs and livelihoods. One of Moi kingpins for hiding dynasty wealth. With somaia and other crooked wicked Asians Moi used to launder money. Moi was an Asian presidency like Chinese presidency of Ouru
The Indian foreigners pretending to be Kenyans have ripped off our people much more than they have helped. In fact, they don't even consider themselves Africans! After living among us for more than 120 years, how many have intermarried with our people? They jump at every chance to intermarry with Esau (Caucasian)-so this has nothing to do with maintaining their culture. Due to their high affinity in corruption; they pay no taxes, they pay meagre wages and they own, (in corruption aspect), every port of entry. They can bring anything from abroad, pay no duties; except bribes, sell it at exorbitant prices while our local traders are burdened by heavy duties in all imports.
Evidence kafir?
@ Niglet. Evidence. Read the article AGAIN. Right there, the dead ANIMAL. Is he your uncle. No Kenyan is shedding tears. Good riddance
Low IQ kafir
Lots of low life black turds commenting here
You DALIT. Why don't you go back to your country and unblock sewers. You seem to have the experience already
Go clean and unblock your Mum and dad,you ape
Comrade, Niglet..TRUTH WILL SET YOU FREE.