BOTSWANA Stock Exchange-listed Choppies Enterprises will increase its number of shops in Bulawayo to 15 when the company opens yet another supermarket in Pumula East on Friday.
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Choppies marketing co-ordinator Trashamar Kazembe confirmed the opening of the shop, but could not give more details, saying a statement would be issued in due course.
Choppies entered the Zimbabwean market last year when it bought into Bulawayo businessman Raji Modi’s Sai Enterprises (Pvt) Ltd through Nanavac Investment.
Choppies has a 49% stake in Nanavac while local entrepreneur Siqokoqela Mphoko holds 51%. The retailer took over Modi’s 10 outlets before adding three more at the beginning of this year.
Last month, the former Solomons Supermarket in the city centre became the 14th store for the group. Choppies has 63 stores in Botswana and 13 outlets in South Africa.
It is reportedly planning to expand into Zambia, Mozambique and other countries in sub-Saharan Africa in the near future.
The retailer says it plans to expand to Harare and other parts of the country.
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Choppies Group of Supermarkets was recently honoured by the African Leadership Network in this year’s Africa Awards for Entrepreneurship after it scooped the outstanding transformational business award ahead of entrepreneurs from 33 African countries.
Choppies listed on the Botswana Stock Exchange in 2011 and its market capitalisation now stands at P4,9 billion.
