BOTSWANA

BOTSWANA-GRAPH

Formalisation of the retail channel provides an opportunity for growth

 

Extensive logistics infrastructure and a strong base enables rural expansion

 

Plan  to  open 5 new stores by December 2015

 

SOUTH AFRICA

SA-GRAPH

Target medium scale towns in Mpumalanga, Limpopo, NW and Northern Free State

 

Strong store pipeline of over 30 high-probability locations identified

 

Plan to open 14 new stores by December 2015

 

ZIMBABWE

ZIMBABWE-GRAPH

Zimbabwe is significantly less penetrated by formal retail

 

Expansion from Bulawayo hub to the north; over 30 potential sites in Harare alone

 

Plan to open 12 new stores by December 2015

 

Choppies has entered into a joint-venture agreement with a strong local partner for  expansion
into East Africa

 

Tanzania

 

Huge potential for formal retail; currently only 13% of the total retail market

 

The grocery retail market is expected to grow at a CAGR of 24% through 2019

 

Economy is expected to expand at a real CAGR of 7.0% through 2018

 

On the back of signed leases Choppies expects to open stores in Tanzania before the end of June 2015

KENYA

 

Formal retail channel makes up c. 49% of the retail market

 

The grocery retail market is expected to grow at a CAGR of 30.2% through 2019

 

Economy is expected to expand at a real CAGR of 6.4% through 2018

 

Choppies is assessing the timing and method of its entry into the Kenyan market

 

 

Zambia

 

Huge potential for formal retail; currently only 14% of the total retail market

 

The grocery retail market is expected to grow at a CAGR of 13.4% through 2019

 

Economy is expected to expand at a real CAGR of 6.7% through 2018

 

Choppies expects to open its first store before the end of June 2015

Namibia

 

Similar market to our ‘core’ Botswana base

 

The grocery retail market is expected to grow at a CAGR of 11.5% through 2019

 

High GDP/capita and robust expected growth at a CAGR of 4.5% through 2018

 

Proximity to Botswana and SA operations would allow us to leverage existing infrastructure, alongside outsourced distribution

 

Choppies is assessing entry into the Namibian market

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