Another bumper payday awaits Choppies directors

Ottapathu
Ottapathu

Choppies Directors, Ramchandran Ottapathu and Farouk Ismail, are in line for another major cash payout with the two tying up a deal to sell shares in their property company before listing it on Botswana Stock Exchange (BSE).

The Far Property Company, which is almost 100 percent owned by the two directors, is set to list on the BSE before the end of the first quarter this year.

Far Property owns about 173 properties in Botswana and South Africa, the majority of them being warehouses and shopping centres where Choppies operates from.

Editor's Comment
Gov't must guard against cadre deployment

As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...

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