29th April 2021
Founding shareholders at Choppies Enterprise – Farouk Ismail and Ram Ottapathu on Friday purchased yet another significant number of shares of the Botswana Stock Exchange (BSE) listed retailing group. The motive to purchase extra shares through an open market transaction remains unknown.
This is not the first time that both Ismail and Ram buy the company’s shares through the same platform ever since the suspension of its securities was lifted in 2020. In October 2020, Ismail and his business partner – Ram each bought five million shares at a price of 60 thebe per share. In December 2020, Ram once again reached out to the capital market this time around purchasing meagre 5000 shares worth P3000. Farouk on the hand bought 4 000, 000 shares worth P2 400, 000.00 – also through an open market purchase but three days later after Ram’s purchase.
Region s citrus breaks new ground || The Southern Times southerntimesafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from southerntimesafrica.com Daily Mail and Mail on Sunday newspapers.
Southern African citrus breaks new ground
More than a million citrus trees to be planted as Botswana becomes a new Southern African citrus supplier Botswana s President Masisi and his wife plant first tree
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South African citrus and mango producer Blydevallei Citrus is teaming up with global citrus marketers, Afrigold, and local Botswana parties to establish a large citrus growing and exporting group in Botswana.
The venture, known as Selebi Phikwe Citrus (SPC), will be part-owned (30 per cent) by a consortium of Botswanan investors, including Ram Ottapathu and others. Meanwhile, Blydevallei Citrus and Afrigold, who have extensive global citrus and other fresh product production and marketing experience, will own the balance.