Search / Ramachandran ottapathu
Choppies mulls Zimbabwe exit
Botswana-based retailer Choppies Enterprise Limited is contemplating a withdrawal from the Zimbabwean market, citing significant financial pressure stemming from the instability of the newly introduce...Published: 29 Oct 2024 at 07:44hrs | 6768 | by Staff reporter
Skeletons tumbling at Choppies
SKELETONS are tumbling out of Botswana headquartered Choppies' closet ahead of the completion at month-end of a forensic probe into the group, with multiple sources claiming the findings will rock the...Published: 19 Jun 2019 at 07:40hrs | 5 | by Staff reporter
Mphoko took US$3 million payout for 7% stake to quit Choppies
Former Vice President Phelekezela Mphoko and his son Siqokoqela have sold their shares in Choppies Supermarkets Zimbabwe for US$2.9 million, the company has announced.In a notice to shareholde...Published: 05 Jun 2019 at 11:52hrs | 1 | by ZimLive
Ex-President take on Mphoko tormentor in bitter Choppies boardroom battle
A bitter Boardroom battle for control of Botswana's most prestigious company is being waged in Gaborone - and is reverberating through eight sub-Saharan countries.At its heart is a battle for ...Published: 24 May 2019 at 21:26hrs | 2 | by Agencies
Battle for control of Choppies turns nasty...Festus Mogae turns against partner
A bitter Boardroom battle for control of Botswana's most prestigious company is being waged in Gaborone – and is reverberating through eight sub-Saharan countries.At its heart is a battle fo...Published: 24 May 2019 at 17:39hrs | 2 | by Staff Writer
Mphoko's nemesis suspended by Choppies Board
The board of grocery retailer Choppies has suspended its CEO Ramachandran Ottapathu, the man who revealed that former Vice-President Phelekezela Mphoko's family were given 51% of the shareholding "on ...Published: 21 May 2019 at 16:12hrs | 2 | by Staff reporter
Mphokos free
FORMER Vice-President Phelekezela Mphoko's son, Siqokoqela and his wife Nomagugu, were yesterday freed following the withdrawal of their fraud and extortion charges by the State. The Mphokos w...Published: 05 Mar 2019 at 22:52hrs | 9 | by Staff reporter
Protests leave businesses wallowing
NOT even his military training and war experience could help David Moyo protect his shop from "looters" during recent skirmishes.Moyo, a 58 year-old ex-combatant, tried without success to defe...Published: 04 Feb 2019 at 08:13hrs | 1 | by Staff reporter
Choppies drop charges against Mphokos
CHOPPIES chief executive officer Mr Ramachandran Ottapathu has withdrawn fraud and extortion charges levelled against former Vice-President Phelekezela Mphoko's son, Siqokoqela and his wife Nomagugu. ...Published: 30 Jan 2019 at 23:02hrs | | by Staff reporter
Mphoko to be paid for 51% of Choppies
FORMER Vice-President Phelekezela Mphoko and his son, Siqokoqela, have exited Choppies Supermarkets after offering to be bought out of the company to end a protracted ownership wrangle. The Mp...Published: 19 Jan 2019 at 11:09hrs | | by Staff reporter
BREAKING: Mphoko finally exits Choppies
Former Vice President Phelekezela Mphoko and his son Siqokoqela Mphoko have exited from Nanavac Investments T/A Choppies Supermarkets Zimbabwe and they have declared that they no longer have interests...Published: 17 Jan 2019 at 19:11hrs | 13 | by Mandla Ndlovu
PHOTOS: Choppies workers demonstrate
Choppies workers and some members of the Mthwakazi liberation movement on Thursday in a demonstration in Bulawayo calling for the immediate release of the jailed Director Siqokoqela Mphoko.The...Published: 14 Dec 2018 at 09:19hrs | 4 | by Mandla Ndlovu
Choppies insists Mphoko not majority shareholder
Retailer, Choppies, is looking at nearly doubling its stores in Zimbabwe on the back of anticipated economic "boom" in the short to medium term, an official has said. Choppies, which is head-quartered...Published: 14 Dec 2018 at 06:16hrs | 2 | by Staff reporter
EXCLUSIVE: Former VP Mphoko speaks on Choppies saga
Former Vice President Prelekezela Mphoko has set the record straight from his perspective on the boardroom struggles bedevilling one of the biggest retail companies in the country, Choppies Zimbabwe...Published: 12 Dec 2018 at 10:55hrs | 1 | by Mandla Ndlovu
BREAKING: Mphoko's bank account exposes he owns only 7% of Choppies
The fight for the control of Choppies Zimbabwe between Former Vice President Phelekezela Mphoko and his Botswana counterparts has once again taken a twist like a movie script with the Botswana b...Published: 11 Dec 2018 at 17:05hrs | 1 | by Mandla Ndlovu
PHOTOS: Mphoko reveals Choppies 'V11s'
Former Vice President Phelezela Mphoko's daughter Siduduzo Mphoko has supplied us with the evidence that supports the Mphoko family claim that under Nanavac Investments they hold 51% of Choppies Zimba...Published: 10 Dec 2018 at 20:04hrs | 1 | by Mandla Ndlovu
Mphoko to lose all Choppies shares
Former vice President Phelekezela Mphoko and his son Siqokoqela Mphoko are bound to lose all the shares they hold in Choppies Zimbabwe if they continue fighting their Botswana partners, we can r...Published: 10 Dec 2018 at 09:59hrs | 1 | by Mandla Ndlovu
Choppies exposes how they bribed Mphoko
A BOTSWANA company currently involved in a fierce ownership tussle for retail chain store, Choppies, has made shocking revelations on how former Vice President Phelekezela Mphoko was both bribed and u...Published: 10 Dec 2018 at 07:55hrs | 1 | by newzimbabwe
Mphoko loses control of Choppies
Former Vice President Phelekezela Mphoko and his son Siqokoqela Mphoko have no financial or operation say in the business of Nanavac Investments which owns 51% of Choppies brand in Zimbabwe , th...Published: 24 Nov 2018 at 08:05hrs | 17 | by Mandla Ndlovu
Mphoko engages Welshman Ncube to fight for Choppies control
FORMER Vice-President Phelekezela Mphoko's son, Siqokoqela, who was recently prohibited from interfering with the operations of their family businesses, Choppies Distribution Centre and Choppies Enter...Published: 03 Oct 2018 at 07:26hrs | | by Staff reporter
Plot to oust Mphoko from Choppies exposed
Zimbabwean shareholders in the Botswana-based multinational grocery and general merchandise retailer Choppies Enterprises have accused the company's other shareholders of trying to "capture" them like...Published: 16 Sep 2018 at 09:33hrs | | by Staff reporter
Mphoko accused of 'looting' Choppies cash
THE Mphoko family has come under fire for allegedly hijacking the Choppies retail business and "looting" cash from the outlets countrywide without board approval.Mr Siqokoqela Mphoko, son to t...Published: 11 Jul 2018 at 07:00hrs | | by Staff rpeorter
Mphoko accused of funding Mthwakazi
Choppies chairperson, Festus Mogae has written a strongly worded letter to Choppies Zimbabwe's 51% shareholder, former vice president, Phelekezela Mphoko, demanding that he relinquish his Choppies sha...Published: 04 Jul 2018 at 09:20hrs | | by Staff reporter
Mnangagwa to step down if he loses election
PRESIDENT Mnangagwa has reiterated that he will step down if he loses the elections to be held in a few months.He made the remarks while addressing hundreds of Zimbabweans living in Botswana w...Published: 14 Feb 2018 at 05:46hrs | | by Staff reporter
Choppies pays hefty price for expansion
Choppies Enterprises continued with its expansion strategy into the rest of Africa in the year to end June, but the moves into new territories came with a more than 50 percent cost to the company'...Published: 23 Sep 2016 at 07:28hrs | | by Staff reporter
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