Choppies worried about deflationary pressures

Choppies now has 18 stores in deflation hit Zimbabwe
Choppies now has 18 stores in deflation hit Zimbabwe

A strong growth in sales for the half-year to December 2014 for retail giant, Choppies, was partially offset by deflationary pressures.

The deflationary pressures were due to the weakness of the South African Rand as well as falling commodity prices.

In the period, the Botswana Stock Exchange (BSE) listed company recorded a 20 percent jump in revenue to P3 billion
 while gross profit rose 21 percent to P 644 million.

Editor's Comment
Routine child vaccination imperative

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...

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