MINING & RETAIL

Mphoko to be paid for 51% of Choppies

FORMER Vice-President Phelekezela Mphoko and his son, Siqokoqela, have exited Choppies Supermarkets after offering to be bought out of the company to end a protracted ownership wrangle. The Mphokos' l...

By Staff reporter | Published: 19 January 2019

BUSINESS NEWS

Mphoko shares not real: Choppies

BOTSWANA-based supermarket, Choppies, has threatened to revoke shares it gave to former Vice-President Phelekezela Mphoko and his son, Siqokoqela, as part of a scam to allow the retailer to comply wit...

By Staff reporter | Published: 11 December 2018

MINING & RETAIL

Mphoko booted out of Choppies?

THE battle for the control of supermarket chain, Choppies Zimbabwe, pitting former vice-president Phelekezela Mphoko's family and its foreign business partners has taken a nasty turn after the Botswan...

By Staff reporter | Published: 25 November 2018

POLITICS

Mphoko accused of 'looting' Choppies cash

THE Mphoko family has come under fire for allegedly hijacking the Choppies retail business and "looting" cash from the outlets countrywide without board approval.Mr Siqokoqela Mphoko, son to the count...

By Staff reporter | Published: 11 July 2018

BUSINESS NEWS

Mphoko would not accept a hostile takeover bid

THE battle for the ownership and control of supermarket chain Choppies Zimbabwe - on paper owned 51% by Nanavac Investments run by former vice-president Phelekezela Mphoko's family and 49% by Botswana...

By Staff reporter | Published: 06 July 2018

BUSINESS NEWS

Mphoko's Choppies fails to pay Zimra

THE government has distributed to Bulawayo hospitals foodstuff confiscated from former Vice President Phelekezela Mphoko's trucks at Beitbridge border post by the Zimbabwe Revenue Authority (ZIMRA).Th...

By Staff reporter | Published: 04 July 2018

MINING & RETAIL

Choppies opens 33rd branch

RETAIL chain Choppies Zimbabwe on Friday opened its 18th branch in Bulawayo, bringing to 33 the number of branches it now runs across the country.The new branch was opened at Parklands Shopping Centre...

By Staff reporter | Published: 02 July 2018

POLITICS

Mphoko, Festus Mogae fights over Choppies

A TITANIC battle for the control of supermarket chain Choppies Zimbabwe - pitting former Botswana president Festus Mogae and his business partners on one side and former vice-president Phelekezela Mph...

By Staff reporter | Published: 29 June 2018

BUSINESS NEWS

Mphoko battles to keep Choppies

A TITANIC battle for the control of supermarket chain Choppies Zimbabwe - pitting former Botswana president Festus Mogae and his business partners on one side and former vice-president Phelekezela Mph...

By Staff reporter | Published: 29 June 2018

MINING & RETAIL

RMB, Investec swoop on Choppies-related firms

THE private equity units of Rand Merchant Bank (RMB) and Investec Asset Management are tying up a multi-million-pula deal to buy 10 Botswana companies that are mostly suppliers to the Choppies Group a...

By Staff reporter | Published: 01 August 2017

MINING & RETAIL

Choppies to use dividends unclaimed for 3 years

Choppies Enterprises advised its shareholders that dividends unclaimed for 3 years from the due date of payment may become the property of the Company and used for the benefit of the Company.Choppies ...

By Ngoni Shenjere | Published: 24 July 2017

MINING & RETAIL

Choppies champions online shopping

CHOPPIES Zimbabwe has partnered with Variable Solutions to champion an innovative online shopping system that enables customers to order goods using the internet.The platform was developed by Kamelee...

By Staff reporter | Published: 18 July 2017

MINING & RETAIL

Choppies takes over Solomons Supermarket

CHOPPIES Enterprises Limited has taken over Solomons Supermarket in Bulawayo as it continues to expand its supermarket chain, in a deal expected to create more jobs particularly for the city's unemplo...

By Staff reporter | Published: 27 March 2014

MINING & RETAIL

Choppies to open more shops

BOTSWANA Stock Exchange listed retail group, Choppies Enterprises plans to open more outlets in the country this year to add to the current 13 already in operation.According to the group's unaudited f...

By Staff reporter | Published: 20 March 2014

MINING & RETAIL

Standard Chartered buys 13% of Choppies

STANDARD Chartered's private equity arm has taken a 13% stake in Botswana-listed supermarket chain Choppies Enterprises, hardly three months after the retail giant opened shop in Zimbabwe.Choppies Ent...

By Staff reporter | Published: 17 January 2014

MINING & RETAIL

Raji Modi buys back 20% stake in Choppies

BULAWAYO-BASED business mogul Raji Modi has brought back a 20% stake in Choppies Zimbabwe barely six months after selling off his entire Sai Enterprises (Pvt) Ltd business to Botswana's largest retai...

By Southern Eye | Published: 16 January 2014

INDUSTRIALS & ENERGY

Choppies confirms Zim entry

ALL retail shops formerly owned by local business mogul Raji Modi have been rebranded to Choppies following the takeover of the business by Botswana's biggest retail firm Choppies Enterprises Limited....

By Staff reporter | Published: 17 December 2013

MINING & RETAIL

Botswana's Choppies moves into Bulawayo

LOCAL mogul Raji Modi has sold off his entire stake in Sai Enterprises (Pvt) Ltd, paving the way for the entry into the Zimbabwe retail sector of Botswana's biggest retail outlet, Choppies Enterprise ...

By Staff reporter | Published: 30 October 2013

INDUSTRIALS & ENERGY

Choppies acquires 49% of unnamed Zim supermarket chain

Botswana Stock Exchange listed retail group Choppies Enterprises announced this morning the acquisition of 49% of an unnamed Zimbabwean supermarket chain comprising 10 stores. The cost of acquisi...

By African Alliance | Published: 03 October 2013
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