Choppiesďż˝ bosses in P450m payout
Friday, August 28, 2015
Choppies directors Ramachandran Ottapathu and Farouk Ismail are in line for a bumper P452 million pay cheque from the disposal of their shareholding in nine companies related to the listed retail giant.
In a transaction currently being examined by the Competition Authority, a consortium of investors led by the Standard Chartered Private Equity Mauritius is tying up a deal to buy Spark Capital, a company created to house the nine firms, most of which are suppliers to the Choppies Enterprises.
The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...