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Abdul Satar Dada, a prominent entrepreneur and philanthropist, has shaped Botswana’s economic and social landscape for over six decades, earning recognition as one of the country's most influential figures.
Choppies' profit for the period reached BWP164 million ($12.5 million), up from BWP150 million ($11.4 million) in the previous fiscal year.
Turnstar anticipates a significant year-on-year increase in pre-tax profit for the fiscal year ended Jan. 31, 2024, under Abdoola’s leadership.
Despite the plunge, Ismail continues to stand out as a top figure on the Botswana Stock Exchange.
This surge has solidified Farouk Ismail’s standing as one of Botswana’s most affluent businessmen.
Turnstar Holdings, headquartered in Gaborone, the capital city of Botswana, is a property loan stock group led by Abdoola.
As the co-founder of Choppies, Ottapathu owns a controlling 24.48-percent stake in the supermarket chain, totaling 316,353,058 ordinary shares.
Ottapathu owns a controlling 24.48-percent stake in Choppies, totaling 316,353,058 ordinary shares.
Choppies operates as a key player in the food and general merchandise retail sectors under the leadership of Ottapathu.
Dada is best known in Botswana for two key businesses: motor dealerships and his significant control over the country’s poultry industry.
Abdoola, the managing director and a founding member of Turnstar Holdings, holds the largest individual stake in the company.
Turnstar Holdings continues to deliver innovative and high-quality real estate solutions.
Choppies Enterprises was established in 1986 by Ottapathu and Farouk Ismail.
Abdoola is the company’s largest individual shareholder.