Analysts optimistic about Choppies Zim prospects

Bright future: Choppies is headed for recovery
Bright future: Choppies is headed for recovery

Industry analysts believe that the Zimbabwean operations of Choppies Enterprises may get a new lease on life following the recent departure of Robert Mugabe as president of that country.

According to Donald Motsomi, research analyst at Stockbrokers Botswana, Zimbabwe is rife with euphoria and optimism, especially given the new administration’s positive rhetoric towards resuscitating the country’s battered economy.

“We expect any turnaround in the economy to be gradual and largely dependent on creating reforms that will attract foreign direct investment (FDI) and financial assistance from international bodies,” he said.

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