Tag: Choppies Enterprises

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

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

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

Choppies Enterprises is a Gaborone-based supermarket chain.

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

Choppies Enterprises is Botswana’s largest retail chain.

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.


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

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

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

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

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