Choppies' troubles reach tipping point

Friday, August 16, 2019

Choppies’ long drawn out woes deepened this week with the regional grocer announcing it planned to pull out of South Africa.

This, while the eagerly awaited forensic and legal reports laid more damning allegations against directors for the hole the group finds itself in.

In addition, former president, Festus Mogae, who has chaired the pan-African group since 2008, also announced a plan to step down once the group’s 2018 full year results are released, a development expected in the next six to eight weeks.

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Choppies' troubles reach tipping point

Choppies’ long drawn out woes deepened this week with the regional grocer announcing it planned to pull out of South Africa.