Kenyan supermarket chain Quickmart ends founder-linked contracts ahead of $231 million IPO
Billionaires Africa | 16.10.2026 17:22
Quickmart, Kenya’s second-largest supermarket chain, terminated several consultancy and management agreements with businesses tied to its founders and other insiders in July, after paying them hundreds of millions of shillings, according to disclosures published ahead of its initial public offering on the Nairobi Securities Exchange.
