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CHOPPIES NEWS ON FASTMOVING

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Choppies to exit SA market, chair to step down

Choppies to exit SA market, chair to step down

15/08/2019 - 09:03
Botswana-based grocery retailer, Choppies, has announced that it will be exiting the South African market, four years after expanding into the country. read more
Choppies shows growth in sales and profit in delayed interims

Choppies shows growth in sales and profit in delayed interims

26/04/2018 - 11:28
SE-listed, Botswana-based grocery chain Choppies’ share price jumped 8.3% to R2.60 after it released its delayed interim results, showing 22% growth in both sales and net profit.  read more
Choppies wraps up purchase in KZN

Choppies wraps up purchase in KZN

06/11/2017 - 09:29
Botswana-based retailer Choppies has completed the acquisition of KwaZulu-Natal’s Arizona Wholesalers and Butcheries, adding to its 71-strong retail footprint in SA. read more
Choppies struggles to make its mark in tough SA conditions

Choppies struggles to make its mark in tough SA conditions

20/07/2017 - 15:56
Botswana-based Choppies may be a well-established grocery retail chain in many parts of sub-Saharan Africa, but the company has found the going tough in SA. read more
Choppy mining waters stymie Choppies

Choppy mining waters stymie Choppies

16/03/2016 - 14:04
Botswana-based retailer Choppies has missed targets to break even in SA this year due to the rapid deterioration in consumer spend in the country’s mining areas, where most of its stores are located. read more
Choppies plans expansion

Choppies plans expansion

16/10/2015 - 08:27
Johannesburg - Choppies Enterprises, the Botswanan supermarket chain that listed in South Africa in May, plans to open about 30 stores in the year through June and may expand via acquisitions as the retailer seeks to increase market share in the region.  read more
Choppies to buy Kenyan supermarkets - Botswana

Choppies to buy Kenyan supermarkets - Botswana

02/06/2015 - 09:13
Botswana multinational grocery retailer, Choppies Enterprises, yesterday announced its plan to buy 10 stores in Kenya for $10 million (R121m) a week after listing on the JSE.  read more
Choppies to list on JSE - Botswana

Choppies to list on JSE - Botswana

13/05/2015 - 11:16
Botswana grocer Choppies plans to raise R575m in a secondary listing on the JSE, it said on Monday, seeking to boost its profile among investors in Africa’s most liquid stock market. read more
Red tape stalls OK regional expansion

Red tape stalls OK regional expansion

11/06/2014 - 11:31
Harare - Listed grocer, OK Zimbabwe (OK), says red tape is stalling its regional expansion plans. read more
Stanchart sees potential in Choppies growth

Stanchart sees potential in Choppies growth

28/03/2014 - 15:21
Standard Chartered Private Equity (SCPE), the investing arm of Standard Chartered Bank, has stated that it intends to hold its Choppies 13 percent stake, acquired early this year for at least four years. SCPE said it would then review whether to continue investing in the retailer or not.  read more
Choppies supermarket chain leads BSE in January 2014

Choppies supermarket chain leads BSE in January 2014

24/02/2014 - 11:47
Leading Batswana retailer, Choppies Supermarket, was the best performing counter at the Botswana Stock Exchange (BSE) in January, with its share price gaining 25% in yet another milestone for the chain store.  read more
Grocery chain Sefalana withdraws lawsuit against Competition Authority, Choppies, Botswana

Grocery chain Sefalana withdraws lawsuit against Competition Authority, Choppies, Botswana

03/10/2013 - 13:00
Local retail chain, Sefalana, has withdrawn a lawsuit it filed at the Lobatse High Court against the Competition Authority (CA), Choppies, SupaSave and MegaSave. Citing market share concerns, Sefalana went to court after it lost the bid to acquire SupaSave and its distribution wing, MegaSave to rival supermarket chain, Choppies. read more
Supasave acquisition to yield P10m profit for Choppies, Botswana

Supasave acquisition to yield P10m profit for Choppies, Botswana

09/09/2013 - 09:29
The acquisition of Supasave by Choppies is set to improve the latter's revenue by at least P200 million in the next financial year.  read more
"Choppies Offer Was Sweetest For Supasave, Botswana

"Choppies Offer Was Sweetest For Supasave, Botswana

24/06/2013 - 11:21
The Competition Authority has revealed that Choppies was one of three suitors lined up to acquire 15-year-old retail group, SupaSave, winning the deal due to the superiority of its offer on the table. read more
Botwana: Choppies retail chain looks to expand in SADC

Botwana: Choppies retail chain looks to expand in SADC

14/05/2013 - 09:58
Choppies Enterprise Limited, the opaque retail store, issued a trading update earlier last month ahead of its two-year ambitious plan that will see its turnover hitting the US$ 1 billion mark (about P 8 billion) per annum. .  read more