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Originally published by The Standard Business
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September 24, 2026
3h ago

Quickmart sets sights on NSE listing

Quickmart sets sights on NSE listing

Quickmart plans to list 50 per cent of its shares on the Nairobi Securities Exchange, allowing Kenyan investors to own part of the supermarket chain...

✨ Key Highlights

Quickmart, Kenya's second-largest supermarket chain, plans to list 50% of its shares on the Nairobi Securities Exchange (NSE), opening the company to public ownership for the first time.

  • The sole shareholder, Sokoni Retail Kenya Limited (SRKL), will sell 2 billion existing shares.
  • This marks the first major supermarket IPO on the NSE since Uchumi Supermarkets in 1992.
  • The listing, subject to regulatory approvals, is expected to launch around September 30 this year, with proceeds going to existing shareholders, not the company.

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