JSE and BSE listed multinational grocery and general merchandise retailer Choppies released its results for the six months ended 31 December with revenue up 34 per cent and gross profit up 28 per cent. Ramachandran Ottapathu, CEO of Choppies joins CNBC Africa for more.
After announcing mixed results as part of its 2016 annual results, when it said like-for-like sales fell by 4.5%, Botswana-based Choppies has said that it will continue to expand across all countries in which it operates. Read More…
Choppies Enterprises Kenya Limited is part of Choppies Ent. Limited that is the largest retailer in botswana and has operations in south Africa, Zambia, Zimbabwe and now Kenya. The group intends to enlarge its footprint in Sub Saharan Africa and is looking to recruit professional with the Kenya Operations in Kisumu & Kisii.
Source: CNN. Added on 1047 GMT (1747 HKT) September 28, 2015. The CEO of Choppies, a multinational supermarket chain headquartered in Botswana, explains how he is planning to expand across the continent. View the video here
Article by Rofhiwa Madzena. Choppies, a Botswana-based grocery retailer listed on the JSE’s Main Board in the Food Retailers and Wholesalers sector today. The listing is the sixth listing on the exchange this year. CEO, Ramachandran Ottapathu expressed his excitement about the listing, “Our proven business model, knowledge of the market and exciting economic fundamentals clearly show Choppies is ideally placed to grow its market share across Africa as shoppers […]
Article first published on Moneyweb.co.za Botswana’s supermarket chain Choppies plans a secondary listing on South Africa’s JSE securities exchange, subject to approval, the company said on Wednesday. “The proposed listing … will give us a platform to continue our journey of growth and expansion. It will also enhance our public profile in South Africa, where we continue to expand our footprint,” group CEO Ramachandran Ottapathu said in a […]
Article published by Reuters Botswana’s supermarket chain Choppies plans a secondary listing on the South African bourse, it said on Wednesday, seeking to boost its profile among investors in Africa’s largest and most liquid stock market. Choppies, which runs 125 stores in Botswana, South Africa and Zimbabwe, gave no indication of how much it will seek to raise from the offering but said that the money would be […]
Article by Sikonathi Mantshantsha THE JSE will get another African boost when Botswana grocery retailer Choppies Enterprises lists on the main board at the end of this month. This will be the fourth inward listing from the rest of the continent, following in the footsteps of Namibia’s Trustco, Botswana’s Wilderness Safaris and Nigeria’s Oando. Choppies would use the secondary listing to raise about R600m by issuing new […]
Choppies Big Birthday Bonanza awards 23 lucky individuals their own chevrolet bakkies! View the winners here