Executive Search Recruitment Services. Johannesburg - Choppies Enterprises, the Botswanan supermarket chain that listed in South Africa in May, plans to open about 30 stores in the year through June and may expand via acquisitions as the retailer seeks to increase market share in the region.
Contrary to the expectations of the Bilateral Investment Promotion and Protection BIPPAan agreement that was set to unlock investment and trade windows between Zimbabwe and Botswana, data released by Statistics Botswana indicates that trade between the two countries continue to decrease. The only sector that Botswana scored below hundred is in the logistics quality and competence in which it is ranked 99 out of countries.
In customs Botswana is rankedinfrastructureinternal shipmenttracking and tracing and timeliness Standard Chartered Private Equity SCPEthe investing arm of Standard Chartered Bank, has stated that it intends to hold its Choppies 13 percent stake, acquired early this year for at least four years.
SCPE said it would then review whether to continue investing in the retailer or not. Local Batswana beverages giant, Kgalagadi Breweries Limited KBLis understood to have reached a tipping point in its struggles with the rising alcohol levy and tough beer regulations, with reports that further levy adjustments could force a relocation to South Africa.
Botswana has emerged to be the best new market for global retailers in Sub-Saharan Africa; and the retail sector is expected to witness modest growth and more competition in Sefalana Holding Company Limited has not departed from the trend of impressive results that have been posted by listed companies in the past half year.
A Toronto Stock Exchange-listed company, Great Quest Metals, says it has entered into an exclusive arrangement with Botswana Ash Botash to develop the potash brine potential of the Sua saltpans in the tags of trading botswana district. Fast moving consumer goods giants, Sefalana Holdings, will this year expand into the Namibian market with the acquisition of 12 stores as the BSE-listed group tags of trading botswana its regionally focused growth strategy. The upward moving alcohol levy has continues to eat into Sechaba sales volumes.
The Traditional Beer Regulations that were effected last year, have reduced the sales of opague liquor brands, Chibuku and Phafana by 2. Cape Town - The extreme drought, that forced livestock farmers in many tags of trading botswana of the country to slaughter "up to a third" of their livestock, will lead to a serious shortage of red meat. There is a proliferation of shopping malls in Gaborone, in the last decade, raising questions of whether locals have the spending power to sustain the malls, economically.
Property developers concede that the retail property market is subdued but remains one of the most viable business propositions to date. Retailer, Choppies Enterprises Limited is said to have gone into agreement with an unnamed Zimbabwean company to acquire 49 percent of its total share holding. The unnamed company is believed to be in the business of running supermarkets and it is understood to be running ten retail stores in Zimbabwe.
Kgalagadi Breweries Limited KBL has taken in the quest to provide information on alcohol and responsible consumption is through their site, www. Citing market tags of trading botswana concerns, Sefalana went to court after it lost the bid to acquire SupaSave and its distribution wing, MegaSave to rival supermarket chain, Choppies.
The acquisition of Supasave by Choppies is set to improve the latter's revenue by at least P million in the next financial year. The International Monetery Fund IMF has weighed into the long-running tags of trading botswana on high household debt, warning that commercial bank's level tags of trading botswana exposure to this was a "significant source of vulnerability".
Sefalana Holdings' retail operations swam against the tide of government spending cuts and lower consumer confidence to power the group to its "best ever" financial results, with tags of trading botswana ebullient on the 35 percent jump in pre-tax profits to P million.
Samsung Botswana officially opened its third store in Gaborone at Rail park mall, bringing the total number of Samsung franchise stores in Botswana to five. Massmart is pleased to announce the opening of its second Builders Warehouse store in Botswana.
The store opened its doors on Thursday, 25 July Cellphone subscriptions in Botswana reached 3. Local businesses remain unenthusiastic about the current state of the local economy, citing weak demand, cost of finance as well as tags of trading botswana about the cost of fuel, the Bank of Botswana's latest Business Expectations Survey has revealed.
The Competition Authority has revealed that Choppies was tags of trading botswana of three suitors lined up to acquire year-old retail group, SupaSave, winning the deal due to the superiority of its offer on the table.
For many young people, fashion sense is what gives them status and dignity. With the diverse clothing lines and brands to choose from, every one of them is able choose a certain brand that they can identify with. David Motawana, or 'Di' has launched a clothing line in Botswana that many of the fashion conscious in Botswana will surely identify with.
Kgalagadi Breweries Limited KBL recently revealed that the placing of the people dressed in orange suits in strategic locations around Botswana was a part of their marketing strategy to relaunch its cider, Core Original. The future of about 4, workers in the country's textile sector is uncertain as firms report that local and export orders for June and beyond have dried up. An Indian business delegation was in Botswana last week to seek investment opportunities and strengthen ties with tags of trading botswana stakeholders.
Choppies, the BSE-listed supermarket chain, seems to be paying the price for fast expansion across the country and its vigorous entry into the South African market. Cape Town - The 3 tonne shipment tags of trading botswana beef from Botswana expected to hit the South African meat market will be a tags of trading botswana to consumers but may not have SA beef producers jumping for joy.
Green Cross is making consistent in-roads into neighbouring countries through well placed export orders. The store opened on 22 September Silo is South Africa's leading source of rich brand content and retail promotional intelligence. Silo provides a digital asset management solution to brands, retailers and brand content users. Consumer goods boost Tags of trading botswana returns, Botswana.
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