Adani faces serious legal troubles after a rapid rise in business. U.S. authorities have indicted him in a $265 million bribery case. They accuse him of fraud and corruption. Once Asia’s second-richest person, Adani now faces a U.S. arrest warrant. These allegations could damage his reputation. Adani’s empire spans power, agriculture, and renewable energy. Last […]
Adani Airports Holdings must meet 22 conditions before leasing Jomo Kenyatta International Airport (JKIA). Treasury Cabinet Secretary John Mbadi highlighted this during a Senate hearing. One condition requires Adani to absorb all JKIA staff. The Public Private Partnership (PPP) committee will block the deal if Adani does not meet these conditions. The Treasury directed the […]
Adani Group is significant in the government’s Sh104.8 billion Universal Health Coverage (UHC) project. The government awarded the contract to the Safaricom-led consortium, which includes Apeiro Limited as the largest shareholder with 59.55%. Safaricom owns 22.56%, while Konvergenz Network Solutions holds 17.89%. The consortium will recover its investment through monthly payments beginning in February 2025, […]
