Ismail, a renowned Botswana businessman, has reshaped the nation’s economy and the broader African business arena.
Botswana
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Ismail owns 14.99 percent of Choppies Enterprises, or 271,691,921 shares.
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Through his leadership roles at The Far Property Co. and Choppies Enterprises, Ottapathu has masterminded a remarkable transformation.
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Ottapathu owns a controlling 24.48-percent stake in Choppies, totaling 316,353,058 ordinary shares.
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Gibson, the deputy chairman and CEO of Chobe Holdings, ranks as one of the richest investors on Botswana Stock Exchange.
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Choppies operates as a key player in the food and general merchandise retail sectors under the leadership of Ottapathu.
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Gibson’s stake in Chobe Holdings has increased by $5.23 million since the start of the year, solidifying his position as one of …
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Choppies Enterprises is Botswana’s largest retail chain.
- Hot News
Botswana tycoon Ramachandran Ottapathu’s Choppies posts $11 million in profit as earnings soar
Choppies Enterprises was established in 1986 by Ottapathu and Farouk Ismail.
- Hot News
Botswana tycoon Ramachandran Ottapathu loses $4.1 million from stake in Choppies Enterprises
The $4.12-million decrease in his stake pushed the value of his holding well below the $20-million mark in recent times.