Choppies faces Oct 31 deadline from BSE

Choppies
Choppies

The Botswana Stock Exchange Limited (BSEL) has threatened to suspend or delist Choppies, should the retail giant’s ongoing failure to submit audited financial results for the year ended June 30 continue.

According to the listing rules, companies on the local exchange are required to publish their financial results no more than three months after the end of the relevant financial reporting period. For Choppies, that period expired on September 30.

October 31 marks the next critical threshold for Choppies. If no results are forthcoming by then, BSEL will move to deliberations on the group’s future on the exchange.

Editor's Comment
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

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