Nakumatt targets Nairobi, Dar and Kampala listings
Nakumatt Supermarkets has announced plans to list on the Nairobi Securities Exchange and neighbouring stock markets within the next three years, offering investors a chance to own a piece of the region’s biggest retailer valued at $400 million.
The retail chain has also said it will sell a 25 per cent stake within the next six to 12 months to fund growth.