Juja-based exporter of avocados and herbs Karakuta Fresh Produce has sought regulatory approval to list on the Nairobi Securities Exchange (NSE) in a move that will expand the agricultural segment of the market.
In its application to the NSE and the Capital Markets Authority (CMA), Karakuta plans to list by introduction by the end of this year. This means it will not be raising new capital and will simply list existing shares for potential sale to other investors.