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NATIONAL
Naushad Merali grew up in Nairobi, where he attended Highway Secondary School. Little is known about his subsequent education. [File, Standard]
Businessman Naushad Merali is dead.
Merali, 70, died on Saturday morning, July 3, while undergoing treatment at the Nairobi Hospital.
According to a statement by Shia Ithna Asheri Jamaat Secretariat, the billionaire died at 5am,
The cause of his death is yet to be communicated.
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Merali s burial is scheduled for today (Saturday, July 3).
Until his demise, Merali chaired Sameer Group, a Kenyan conglomerate active in agriculture, construction, information technology, property and finance.
He was formerly the chairman and largest individual shareholder of Bharti Airtel s operations in Kenya, but in 2014 he sold his shares and stepped down from the company s board.