7 companies owned by Botswana businessman Jonathan Gibson
As a leader and advocate for responsible tourism, Gibson’s legacy extends beyond financial success, encompassing wildlife conservation and community empowerment.
As a leader and advocate for responsible tourism, Gibson’s legacy extends beyond financial success, encompassing wildlife conservation and community empowerment.
This surge has solidified Farouk Ismail’s standing as one of Botswana’s most affluent businessmen.
The market value of Ismail’s shares in Choppies has taken a sharp hit, plummeting by BWP41.13 million ($2.99 million) since Aug. 16.
Choppies has grown from a single store operating under the name “Wayside Supermarket” in Botswana in 1986 into a leading retailer with more than 260 stores in eight countries.
Ismail, a renowned Botswana businessman, has reshaped the nation’s economy and the broader African business arena.
Ismail owns 14.99 percent of Choppies Enterprises, or 271,691,921 shares.
Through his leadership roles at The Far Property Co. and Choppies Enterprises, Ottapathu has masterminded a remarkable transformation.
The decline in the market value of Ottapathu’s stake in Choppies reminds us of the risks associated with equity investments.
Gibson owns a 35.6-percent stake in Chobe Holdings, a Gaborone-based tourism firm listed on the Botswana Stock Exchange.
Choppies Enterprises is a Gaborone-based supermarket chain.
Choppies Enterprises is Botswana’s largest retail chain.
Gibson is Chobe’s deputy chairman and CEO.
Gibson owns 35.6 percent of the company.
Ottapathu remains one of Botswana’s wealthiest businessmen, along with his long-time business partner, Farouk.
Abdoola is the company’s largest individual owner, with a 14-percent stake.