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TUKO.co.ke journalist Japhet Ruto has over eight years of experience in financial, business, and technology reporting, offering insights into Kenyan and global economic trends.
Kenyan supermarket chain Quickmart has been officially listed on the Nairobi Securities Exchange (NSE), transitioning from a single retail shop to a publicly traded company with more than 70 branches across the country.
The listing was confirmed at the NSE, where the retailer's shares opened at an average price of KSh 10 per share, giving Kenyans a formal route to invest in one of the country's fastest-growing supermarket chains.
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NSE chairman Tom Mulwa described the occasion as a moment of pride for locally grown enterprise.
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NSE chief executive officer Frank Mwiti framed the listing in terms of economic empowerment, noting that the opportunity extended beyond the typical retail relationship between a supermarket and its shoppers.
The listing represents a significant landmark in Quickmart's corporate history.
The supermarket, which began as a single outlet, has grown its footprint to over 70 branches, establishing…
