Botswana loss-making retailer Choppies to exit 3 more African countries

GABERONE, Dec 14 (Reuters) – Botswana budget retailer Choppies will exit three more African markets, the company announced late on Friday, less than a fortnight after it announced it would sell its loss-making South African operations for only 1 rand. It added that it posted a 445 million pula ($40.8 million) loss after tax in delayed results for the financial year ending June 2018. (Reporting by Brian Benza Writing by Tim Cocks; Editing by Emelia Sithole-Matarise)

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s