SHA: The Kenyan government makes it clear that Adani is not involved in the Taifa Care Program

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  • Government spokesperson Isaac Mwaura rejected claims that Adani Group was part of SHA and warned against the spread of propaganda
  • This came after President William Ruto canceled deals related to Adani such as the expansion of JKIA and projects involving KETRACO.
  • Economist Loonena Naisho told TUKO.co.ke that scrapping Adani deals sets a precedent for how major infrastructure projects should be vetted and implemented.

TUKO.co.ke journalist Japhet Ruto has more than eight years of experience in financial, companyand technology reporting, providing in-depth insights into Kenyan and global economic trends.

The government has clarified that Gautam Adani, the Indian billionaire indicted in the US on bribery charges, is not part of the Taifa Care health program under the Social Health Insurance Fund (SHIF).

Government spokesman Isaac Mwaura speaks at an earlier event.
Government spokesman Isaac Mwaura rejected claims that the Adani Group was involved in the new healthcare programme. Photo: Isaac Mwaura.
Source: Twitter

Is Adani involved in SHA?

This comes after the president William Ruto canceled deals related to Adani such as the expansion of Jomo Kenyatta International Airport (JKIA) and projects involving Kenya Electricity Transmission Company Limited (KETRACO).

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Kenyans claimed on social media that Adani was involved in SHIF. However, on Friday, November 29, government spokesperson Isaac Mwaura rejected the claims and warned against the spread of propaganda.

“There is no Adani deal in the Social Health Authority. Ni story za jaba. Any cartel that spreads false information is wrong. There is no such thing,” Mwaura stated in a short clip shared on his X account.

What does the cancellation of Adani deals mean?

Economist Loonena Naisho told it TUKO.co.ke that the scrapping of Adani deals sets a precedent for how major infrastructure projects should be vetted and implemented.

He explained that the focus on competitive bidding and transparent procurement processes will likely lead to more cost-effective and efficient project delivery in the future.

“The path forward requires careful balance. Kenya must maintain its development momentum while ensuring that new partnerships meet high governance standards. This may mean longer tender processes and more detailed project evaluations, but these measures will ultimately lead to more sustainable and beneficial infrastructure development.

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He noted that while Adani might downplay the impact of the cancellations, the decision marks a significant shift in Kenya’s development paradigm.

“It is a bold statement that the quality of partnership is as important as the speed of development and that transparency and accountability are non-negotiable elements of Kenya’s infrastructure future,” Naisho said in an exclusive interview with TUKO.co.ke .

Did Kenya legally terminate Adani’s deals?

Days after President William Ruto ordered the cancellation of Adani Group’s multi-billion dollar contracts, the government has has legally terminated KSh 637 billion worth of deals.

National Treasury Cabinet Secretary (CS) John Mbadi informed Parliament that the government had done so withdrawn from the agreements forcing the Indian company to operate KETRACO and JKIA for 30 years.

Mbadi made the revelation when he appeared before the National Assembly’s Public Debt and Privatization Committee.

Source: TUKO.co.ke