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Botswana tycoon Ottapathu faces $6.7-million loss from Choppies investment

Hot News Feyisayo Ajayi -
Ottapathu owns a controlling 24.48-percent stake in Choppies, totaling 316,353,058 ordinary shares.

One of Botswana’s richest businessmen, Ramachandran Ottapathu, loses $3.8 million in 2023

Hot News Feyisayo Ajayi -
The decline in the market value of Ottapathu's stake in Choppies reminds us of the risks associated with equity investments.

Botswana billionaire Ramachandran Ottapathu’s Choppies makes move to acquire Kamoso Africa

Hot News Feyisayo Ajayi -
Choppies Enterprises is a Gaborone-based supermarket chain.

Retail tycoon Ramachandran Ottapathu’s Choppies lays off 826 workers in Botswana in 2022

Hot News Feyisayo Ajayi -
Choppies Enterprises is Botswana’s largest retail chain.

Botswana tycoon Ramachandran Ottapathu’s Choppies posts $11 million in profit as earnings soar

Hot News Mfonobong Nsehe -
Choppies Enterprises was established in 1986 by Ottapathu and Farouk Ismail.

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South African tycoon Tshepo Mahloele hits jackpot, gains $39 million from Capitec

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Mahloele holds a 7.26-percent indirect stake, translating to 8,409,802 ordinary shares in Capitec Bank through Lebashe Holdings.

Nigerian billionaire Mike Adenuga’s oil firm to distribute $2.2-million dividend to shareholders

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Under the astute leadership of Adenuga, Conoil has solidified its position as a dominant force in Nigeria's petroleum marketing industry.

Moroccan pharma tycoon Lamia Tazi suffers $3-million loss from Sothema stake

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Tazi, the CEO and chairperson of Sothema holds a substantial 8.4-percent stake in the leading healthcare company.

Gilbert Chagoury: Controversial billionaire awarded contract to construct Lagos-Calabar Coastal Highway

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Back in 1971, Gilbert Chagoury and his younger brother, Ronald Chagoury, set the stage for their remarkable journey by founding the Chagoury Group.

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South African-born billionaire Patrick Soon-Shiong loses $250 million

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Despite the recent financial setback, Soon-Shiong's influence in the medical field and his entrepreneurial spirit remain undiminished.

South African tycoon Tshepo Mahloele hits jackpot, gains $39 million from Capitec

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Mahloele holds a 7.26-percent indirect stake, translating to 8,409,802 ordinary shares in Capitec Bank through Lebashe Holdings.

Nigerian billionaire Mike Adenuga’s oil firm to distribute $2.2-million dividend to shareholders

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Under the astute leadership of Adenuga, Conoil has solidified its position as a dominant force in Nigeria's petroleum marketing industry.

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