Despite the plunge, Ismail continues to stand out as a top figure on the Botswana Stock Exchange.
Farouk Ismail
-
-
Meet the 15 individuals who own the highest stock ownership positions on the Botswana Stock Exchange.
-
This surge has solidified Farouk Ismail’s standing as one of Botswana’s most affluent businessmen.
-
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.
-
Choppies has grown from a single store operating under the name “Wayside Supermarket” in Botswana in 1986 into a leading retailer with …
-
Ismail, a renowned Botswana businessman, has reshaped the nation’s economy and the broader African business arena.
-
Ismail owns 14.99 percent of Choppies Enterprises, or 271,691,921 shares.
-
Ottapathu and Farouk Ismail, who occupy key roles in the store, control a combined 44.5-percent interest in Choppies Enterprise.
-
The multimillionaire has played an influential role in the growth and development of Botswana’s real estate sector.
-
Choppies’ share price on the Botswana Stock Exchange has lost 9 percent of its value since the start of June.