BSE action on Choppies hangs on audit report

Friday, July 19, 2019

Choppies employs more than 15,000 in seven countries

The Botswana Stock Exchange Limited (BSE) says the fate of Choppies’ listing depends on the eagerly awaited audit report into the troubled regional grocer’s affairs.

The BSEL suspended Choppies last November, having temporarily halted its trades in September due to the non-release of results for the 2018 financial year.

Under the Exchange’s tougher new listing rules, which kicked in this year, delisted firms cannot reapply for listing on the bourse.

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BSE action on Choppies hangs on audit report

The Botswana Stock Exchange Limited (BSE) says the fate of Choppies’ listing depends on the eagerly awaited audit report into the troubled regional grocer’s affairs.