Choppies Plans Sub-Saharan Africa Expansion in Market Share Push
Choppies Plans Sub-Saharan Africa Expansion in Market Share Push
Choppies Enterprises Ltd., the Botswanan supermarket chain that listed in South Africa in May, plans to open about 30 stores in the year through June and may also expand via acquisitions as the retailer seeks to increase market share in the region.
“We will open stores through organic growth in Botswana, South Africa, Zimbabwe and Zambia,” Chief Executive Officer Ram Ottapathu said by phone on Thursday. The Gaborone, Botswana-based retailer is also seeking to purchase companies and may enter Tanzania and Kenya, he said.
