Choppies worried about deflationary pressures

Choppies now has 18 stores in deflation hit Zimbabwe
Choppies now has 18 stores in deflation hit Zimbabwe

A strong growth in sales for the half-year to December 2014 for retail giant, Choppies, was partially offset by deflationary pressures.

The deflationary pressures were due to the weakness of the South African Rand as well as falling commodity prices.

In the period, the Botswana Stock Exchange (BSE) listed company recorded a 20 percent jump in revenue to P3 billion
 while gross profit rose 21 percent to P 644 million.

Editor's Comment
We should care more for our infrastructure, road safety

These roads, which are vital conduits for trade and tourism, have long been in dire need of repair. However, while this development is undoubtedly a positive step, it also raises questions about broader issues of infrastructural management and road safety that deserve closer scrutiny.The A3 and A33 roads are not just any roads, they are critical arteries that connect Botswana to its neighbours and facilitate the movement of goods and people...

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