BREAKING NEWS: Capitalist Naushad Merali is dead
Naushad Merali, the founder of Kencell (now Airtel) and the chairman of the Sameer Group, died in Nairobi.
Otieno Cynthia 
Merali was ranked as the 48th richest man in Africa according to Forbes in 2015.
His wealth at the time of ranking was estimated to be about $370 million.
The businessman died at the age of 70.
A statement by the Shia Ithna Ashri Jamaat secretariat said the burial will be held on Saturday, July 3.
"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 statement indicated.
