Botswana tycoon Farouk Ismail sees $3.4 million eroded from Choppies stake in 2023
Despite the plunge, Ismail continues to stand out as a top figure on the Botswana Stock Exchange.
Farouk Ismail
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Botswana tycoon Farouk Ismail gains $3 million from Choppies stake
This surge has solidified Farouk Ismail’s standing as one of Botswana’s most affluent businessmen.
Botswana tycoon Farouk Ismail faces $3-million loss from Choppies stake
The market value of Ismail’s shares in Choppies has taken a sharp hit, plummeting by BWP41.13 million ($2.99 million) since Aug. 16.
Botswana businessman Farouk Ismail faces $3-million loss from Choppies stake
Choppies has grown from a single store operating under the name “Wayside Supermarket” in Botswana in 1986 into a leading retailer with more than 260 stores in eight countries.
5 companies owned by Botswana businessman Farouk Ismail
Ismail, a renowned Botswana businessman, has reshaped the nation’s economy and the broader African business arena.
Botswana businessman Farouk Ismail’s loses $6 million from Choppies stake
Ismail owns 14.99 percent of Choppies Enterprises, or 271,691,921 shares.
Botswana tycoon Ramachandran Ottapathu’s Choppies expects 174-percent surge in H2 earnings
Ottapathu and Farouk Ismail, who occupy key roles in the store, control a combined 44.5-percent interest in Choppies Enterprise.
Stake of Botswana tycoon Farouk Ismail in Choppies, Far Property now worth $38.74 million
The multimillionaire has played an influential role in the growth and development of Botswana’s real estate sector.
Botswana retail tycoon Farouk Ismail’s stake in Choppies declines by $1 million
Choppies’ share price on the Botswana Stock Exchange has lost 9 percent of its value since the start of June.