Botswana-based tycoon Jonathan Gibson gains $2 million in just one month
Gibson, the deputy chairman and CEO of Chobe Holdings, ranks as one of the richest investors on Botswana Stock Exchange.
Gibson, the deputy chairman and CEO of Chobe Holdings, ranks as one of the richest investors on Botswana Stock Exchange.
Choppies operates as a key player in the food and general merchandise retail sectors under the leadership of Ottapathu.
Gibson’s stake in Chobe Holdings has increased by $5.23 million since the start of the year, solidifying his position as one of Botswana’s richest investors.
Choppies Enterprises is Botswana’s largest retail chain.
Choppies Enterprises was established in 1986 by Ottapathu and Farouk Ismail.
The $4.12-million decrease in his stake pushed the value of his holding well below the $20-million mark in recent times.
Ottapathu and Farouk Ismail, who occupy key roles in the store, control a combined 44.5-percent interest in Choppies Enterprise.
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