Stanchart sees potential in Choppies growth

Head of SCPE, Africa, Peter Baird who was recently joined to the Choppies board of directors as a non-executive director, stated recently at the group financial results that Choppies is their important client with great business and they intend to hold their stake for “at least 4-6 years”.  Baird said SCPE decided to invest in the retailer after seeing its potential.

Baird said Choppies is a great success story of entrepreneurship, job creation, and commitment to Africa’s economic potential.