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Finance & Markets

Quickmart IPO: Ksh15B share sale puts Ksh30B valuation to test

Quickmart’s planned Ksh15 billion IPO is set to give investors their first opportunity to buy into one of Kenya’s largest supermarket chains, but the offer is also putting the retailer’s Ksh30 billion valuation under scrutiny. The supermarket is offering two billion existing ordinary shares at Ksh7.50 each, representing 50 per cent of its issued share […]

We haven't written up this one. People Daily Kenya has the full story — the link below goes straight to it.

Read the original at peopledaily.digital →

More in Finance & Markets

Money Market Operations as on October 07, 2026

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS @ --> Money Markets @ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 7,06,316.72 5.33 4.00-5.70 I.

  • ₹7,06,316.72 crore overall money market volume on October 07, 2026
  • Overnight segment weighted average rate 4.00-5.70 percent
  • Repo in Corporate Bond 7.10 percent in term segment

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