Sefalana keeps faith in cautious strategy

Sefalana says it does not want to cannibalise its existing stores PIC: MORERI SEJAKGOMO
Sefalana says it does not want to cannibalise its existing stores PIC: MORERI SEJAKGOMO

Sefalana, the country’s second largest retail chain store, says it plans to open 15 more stores in the medium term.

The group plans to focus on low risk markets is an apparent strategy to avoid troubles facing Choppies, its prime rival.

Choppies, which is currently suspended from trading on the Botswana Stock Exchange and faces liquidity pressures, is known for its aggressive growth model. Through the strategy, it set up 212 stores across seven countries within a decade.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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