The $4.12-million decrease in his stake pushed the value of his holding well below the $20-million mark in recent times.
Ramachandran Ottapathu
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Ottapathu and his long-term business partner, Farouk Ismail, founded Far Property in June 2010.
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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.
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Choppies is a Botswana-based investment holding operating in the retail sector in Southern Africa.
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Ramachandran Ottapathu’s Choppies posts profit for first time since 2016, earnings surge above $5 million
Choppies Enterprises Limited is a Botswana-based investment holding company operating in the retail sector in Southern Africa.Â
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Ramachandran Ottapathu’s stake in Choppies, Far Property, Afinitas now worth $40.93 million
Ottapathu has played a key role in the growth and development of Botswana’s real estate sector.
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