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
Botswana must not be a flag of convenience for rogues

‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...

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