Browsing: Adani Group

• Kenyan aviation workers have called off their strike.
• The protest was ignited by concerns over the planned leasing of East Africa’ busiest airport to India’s Adani Group.
• Under a 30-year, $1.85 billion deal, Adani Group seeks to make extensive upgrades Kenya’s JKIA.

After hours of boycotting, which left hundreds of passengers stranded and paralyzed flight operations at Jomo Kenyatta International Airport (JKIA), Kenyan aviation workers have called off their strike. The protest, ignited by employment and other concerns over the planned leasing of East Africa’s busiest airport to India’s Adani Group, saw a temporary halt to the country’s major air transportation hub.

Protests erupt in Kenya over Adani Group deal

The strike, which began late Tuesday night, was spearheaded by the Kenya Aviation Workers Union (KAWU). Chanting “Adani Must Go!” and rallying against the deal, the workers expressed their dissatisfaction with the proposed leasing of JKIA to the controversial …

His fortune is estimated to be worth a staggering US$148 billion. He is second only to Tesla founder and eccentric billionaire Elon Musk. Very interesting to note is the fact that the rise of Adani into the high stakes of global wealth is also the first time that two of the wealthiest individuals in the world are from countries that comprise the BRICS nations.

Though now a US citizen, Elon Musk has South African heritage, and Adani is an Indian national.

That two of the richest men in the world are from BRICS countries is indicative of the emergence of the bloc. Adani is the first person of Indian descent to occupy the position. Adani is the chairman of the Adani Group, which operates a litany of businesses in coal mining, infrastructure, and thermal power generation. His companies also operate private airports and firms. According to media reports, Adani’s wealth …