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    Debswana sponsors BFA’s National First Division League with P3.9m 

    Debswana sponsors BFA’s National First Division League with P3.9m 

    Ditlhokwe Tipped to Excel at Kaizer Chiefs

    Ditlhokwe Tipped to Excel at Kaizer Chiefs

    BCF Aims to Resuscitate Chess this Year

    BCF Aims to Resuscitate Chess this Year

    Tebogo’s Move to US on Hold

    “Don’t Panic,” Tebogo is advised as He Transits to Senior Level

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    NSAs decry Absence of School Sports 

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    BCF fails to send Team to Continental Schools Chess Champs

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      Debswana sponsors BFA’s National First Division League with P3.9m 

      Debswana sponsors BFA’s National First Division League with P3.9m 

      Ditlhokwe Tipped to Excel at Kaizer Chiefs

      Ditlhokwe Tipped to Excel at Kaizer Chiefs

      BCF Aims to Resuscitate Chess this Year

      BCF Aims to Resuscitate Chess this Year

      Tebogo’s Move to US on Hold

      “Don’t Panic,” Tebogo is advised as He Transits to Senior Level

      NSAs decry Absence of School Sports 

      NSAs decry Absence of School Sports 

      BCF fails to send Team to Continental Schools Chess Champs

      BCF fails to send Team to Continental Schools Chess Champs

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      Home Companies & Markets

      Reaping the rewards of investing in Africa

      mm by Keabetswe Newel
      September 22, 2022
      in Companies & Markets
      Reading Time: 1 min read
      0
      Choppies sees room for 100 more stores across the region

      GABORONE 20 January 2021,The chain shop Choppies announces the winners of the Birthday Bonanza competition in gaborone on 20 January 2021. Five Customers wins Toyota Hilux each while each custommer from all branches win P15000 each and ten employees of Choppies win P10000 each through this shopping competition. Choppies chief executive officer Ramachandran Ottapathu officiate the draw. Ottapathu delivering his speech to mark the begining of the draw. (Pic:MONIRUL BHUIYAN/PRESS PHOTO)

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       ∙   Rest of Africa moved into profitability with EBIT of P88m from last year’s P21m

      ∙   Choppies supports local farmers in all four countries

      ∙   Headwinds from Russia-Ukraine conflict remain

      ∙   Group Basic EPS up 105%

      Against all odds, Botswana-born retail conglomerate, the Choppies Group, has performed well in what they call an unusual environment marked by rapid increases in food and fuel prices and general food insecurity in a context where most food items are imported.  As a result, the Group has actually begun to reap rewards from its investments in the African continent in which all its operations are turning to profitability. In an interview with The Business Weekly & Review, an excited Choppies CEO, Ram Ottapathu, boldly states that the most exciting highlight of the Group’s performance for the year ending June 2022 is that “all Choppies operations are now making money, and more is yet to come”. 

      Impressive regional growth 

      Each week, approximately 1.8 million customers visit 161 stores across four formats in four countries. Choppies employs over 9 000 people and is the largest grocery retailer in southern Africa, outside of South Africa.

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      Tags: Choppies GroupRam Ottapathu

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