Choppies' troubles reach tipping point

Festus Mogae. PIC: MORERI SEJAKGOMO
Festus Mogae. PIC: MORERI SEJAKGOMO

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.

Editor's Comment
Micro-procurement maze demands urgent reform

Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...

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