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Quickmart cuts Kenyans shares in IPO, global funds splash Sh7.1bn

Prime Sunday, October 25, 2026 - 5 min read A QuickMart Supermarket branch in Nairobi. Photo credit: File | Nation Media Group By Julians Amboko Contributor Nation Media Group Quickmart has cut the allocation of shares to local investors in its initial public offering (IPO) to less than half after high-net-worth invest

Business Daily AMBOKO H. JULIANS

Prime Sunday, October 25, 2026 - 5 min read A QuickMart Supermarket branch in Nairobi. Photo credit: File | Nation Media Group By Julians Amboko Contributor Nation Media Group Quickmart has cut the allocation of shares to local investors in its initial public offering (IPO) to less than half after high-net-worth investors from the US and Britain splashed Sh7.1 billion on the retailer's shares.

The retailer has amended the share allocation in a review that has made local investors the biggest losers. PAYE Tax Calculator Note: The results are not exact but very close to the actual. In the headlines View All

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