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405:, South Africa was opened there by expanding in the north west region. 2014 was the year when the group opened its first distribution centre in Zimbabwe and in the year 2016 the secondary listing was done in the Johannesburg stock exchange. By the end of 2015 Zambian operations began and in early 2016 saw the acquisition of Jwayelani group in
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Choppies has attracted criticism from the public in the past due to salary discrepancy. Employees such as cashiers and packers claim to earn less than P900 a month, whilst executives such as the CEO and Deputy
Chairman earn more than P30 000 000.00 per annum. This has attracted outrage as the company
351:, with 1.2 billion shares being listed at an offer price of BWP 1.15 per share, with 25% going into the hands of the public. The IPO was the largest on the Botswana Stock Exchange raising P350 million in both the IPO and the private placement, with the shares being oversubscribed by up to 400%.
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function as a central sourcing for
Choppies stores. The company's top 200 products are delivered in bulk to the distribution centres and then distributed from there to the stores. Other products are delivered from the source to the stores directly. Choppies operates two distribution centres in
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In 1999 the company had only two stores. Since 1999 the company grew to become the dominant leader in the fast-moving consumer good industry in
Botswana. The management team includes the founding members of Choppies, Mr. Farouk Ismail who is the current Deputy Chairman and Mr. Ramachandaran
301:. The retailer initially sold only food-based goods (both fresh groceries and wholesale long-life foods) and other fast-moving consumer goods. The group owns a centralized, in-house distribution network in South Africa, Zimbabwe, Zambia, and Kenya.
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Due to its exponential growth since 1999, there was demand for the company to become listed on the nation's stock market. The management team eventually agreed, and the company became listed on
January 26, 2012. The company hired
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Ottapathu who is the current CEO. They are also the major shareholders with each holding 34.2% of the company's shares. In 2003 the group consolidated into one structure. It previously franchised under different names.
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Welldone (Proprietary) Limited, a wholly owned subsidiary of the
Choppies Group, is a logistics company that supports the day-to-day operations of the stores.
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The South
African operations are executed through a wholly owned subsidiary Choppies Supermarkets SA (Proprietary) Limited, which operates in the
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group was also carried out in early 2016. As part of long term growth plan the group opened its first store in
Tanzania and Mozambique in 2017.
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The Group has a current market share in
Botswana of 30%, according to an independent survey conducted by Briggs and Associates.
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is historically very profitable yet is not rewarding the lower-skilled workers on terms they consider fair to their efforts.
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Choppies was founded in 1986 with one supermarket named
Wayside Supermarket (Proprietary) Limited in
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Pre-Paid
Utilities and Mobile, Bill payments, Tickets, Mobile starter packs, Money transfers.
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472:"Choppies Enterprises Annual Review and Summary Financial Statement 2012"
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578:"Mmegi Online :: Choppies: Some animals are more equal than others"
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by the Chopdat family, with a second store opening in 1993.
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grocery and general merchandise retailer headquartered in
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The company also completed its secondary listing on the
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Carol Jean Harward - Independent Non-Executive Director
554:"Mmegi Online :: Choppies sparkles on BSE debut"
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Botswana; one in the International Commerce Park in
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179:Tom Pritchard - Independent Non-Executive Director
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347:to manage the administration front of the firm's
308:on January 26, 2012, and is a constituent of the
173:Ramachandran Ottapathu - Chief Executive Officer
639:Companies listed on the Botswana Stock Exchange
543:|publisher=Mmegi| accessdate =24 January 2012"
312:with an approximate market capitalization of
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189:Hyper stores, Super stores and Value stores
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541:Choppies shares offer 400% oversubscribed
304:Choppies became a listed company on the
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479:Choppies Enterprise Annual Report 2020
452:List of supermarket chains in Botswana
409:, South Africa. Kenyan acquisition of
213:5.42 billion (half year ending Dec 20)
316:2.4 billion as of December 20, 2012.
233:1.3 billion (half year ending Dec 20)
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629:Retail companies established in 1986
624:Food and drink companies of Botswana
253:139 million(half year ending Dec 19)
395:to serve the South African stores.
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501:Choppies market data from the BSE
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170:Farouk Ismail - Deputy Chairman
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634:1986 establishments in Botswana
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470:Choppies Enterprises (2020).
447:Checkers (supermarket chain)
401:In 2008, the first store in
288:Choppies Enterprises Limited
20:Choppies Enterprises Limited
321:Johannesburg Stock Exchange
263:9 385 (As of December 2020)
89:; 38 years ago
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310:BSE Domestic Company Index
176:Vidya Sanooj - Acting CFO
78:Fast-moving consumer goods
16:Botswanan grocery retailer
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654:Companies in the BSE DCI
521:Results of Choppies IPO
378:Distribution and supply
349:initial public offering
306:Botswana Stock Exchange
168:Uttum Corea - Chairman
481:. Choppies Enterprises
38:Public limited company
644:Companies of Gaborone
609:Bloomberg Market Data
384:distribution centres
442:Shoprite (retailer)
259:Number of employees
130:Number of locations
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649:Botswana companies
526:2017-10-02 at the
506:2015-09-23 at the
299:Gaborone, Botswana
323:on May 27, 2015.
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604:Official Website
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111:Headquarters
34:Company type
485:21 December
437:Square Eats
374:provinces.
140:Area served
618:Categories
587:2017-08-16
563:2017-08-16
458:References
393:Rustenburg
382:Choppies'
372:Free State
368:North-West
355:Operations
240:Net income
164:Key people
134:250 stores
417:Criticism
275:.choppies
74:Retailing
46:Traded as
524:Archived
504:Archived
432:Sefalana
426:See also
389:Gaborone
292:Botswana
194:Services
186:Products
149:Zimbabwe
145:Botswana
122:Botswana
116:Gaborone
104:Botswana
70:Industry
56:CHOPPIES
411:Ulkwala
403:Zeerust
364:Limpopo
333:Lobatse
327:History
268:Website
202:Revenue
157:Namibia
100:Lobatse
92: (
84:Founded
54::
407:Durban
153:Zambia
475:(PDF)
290:is a
487:2020
370:and
94:1986
87:1986
52:BwSE
279:.bw
277:.co
273:www
251:BWP
231:BWP
211:BWP
64:CHP
60:JSE
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
