Choppies Kenya deal embroiled in P100m tax row

Choppies is hopeful the tax dispute will be resolved soon
Choppies is hopeful the tax dispute will be resolved soon

Choppies’ trailblazing expansion into Africa could be derailed in Kenya over a Sh946 million (P104 million) dispute between its acquisition target, Ukwala Supermarkets and that country’s Revenue Authority.

Ukwala Supermarket’s bid to sell its outlets to Botswana’s Choppies Enterprises was last month stopped until the P104 million-tax dispute between the retailer and Kenya Revenue Authority (KRA) is settled.

Choppies CEO, Ramachandran Ottapathu confirmed the dispute but said he was hopeful the issue would soon be settled amicably.

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...

Have a Story? Send Us a tip
arrow up