BPOPF guns for making Sefalana, Choppies local

Choppies store
Choppies store

Botswana Public Officers Pension Fund (BPOPF) supports in full efforts to localise the economy, including in entities in which it invests in.

In an interview, BPOPF Chief Executive Officer (CEO) Moemedi Malindah said he believes that localisation is good for the economy especially if it also considers best interest of the business.

The Fund is one of the entities with a controlling interest in Sefalana Holdings Company Limited at 42.85%. It also has 31% shares in Choppies Enterprises. Mmegi understands that Choppies completed its 10-year localisation plan in 2018 and now employs less than 40 expatriates.

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