Choppies Enterprises Ltd

CHOPP.BT – BOTSWANA STOCK EXCHANGE

Business Description

Botswana Food Retail & Distribution Consumer Staples

Choppies Enterprises Limited is a Botswana-based investment holding company operating in the retail sector in Southern Africa. The Company’s operations are food and general merchandise retailing, as well as financial service transactions supported by centralized distribution channels through distribution and logistical support centers. The supermarket retail offering includes international food brands and fast-moving consumer goods (FMCG) products, as well as its own private label for value-minded consumers. The Company operates in Botswana, Zimbabwe, Zambia and Namibia. It has approximately 177 stores and 10 distribution centers. The Company's segments include Botswana, Rest of Africa, Namibia, Zambia, and Zimbabwe. The Company offers fresh produce, bakery, groceries, butchery, takeaways and financial services. Its subsidiaries include Choppies Distribution Centre (Pty) Limited, Choppies Supermarket Mozambique Limitada and Nanavac Investments (Pvt) Limited.

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