Stage set for Choppies' moment of truth

Ottapathu faces a stern test on September 4 PIC: Moreri Sejakgomo
Ottapathu faces a stern test on September 4 PIC: Moreri Sejakgomo

Choppies shareholders head for a watershed extraordinary general meeting (EGM) next week to choose the directors they believe can lift the regional grocer out of more than 11 months of crisis that has cost them at least P1.7 billion in share value.

The EGM on September 4, the first time shareholders meet since November 2017, will essentially pit three current non-executive directors against suspended CEO, Ramachandran Ottapathu and his choice of three new board nominees.

The position of Choppies long-serving chair and former president, Festus Mogae, who has publicly fallen out with Ottapathu, will not be up for a vote as a decision has been made for him to step down at the annual general meeting to be held.

Editor's Comment
BGCSE results: A call for gov't to act

The Botswana Examination Council (BEC) released the BGCSE results for students who sat for Form 5 examinations in 2024.Whilst initially BEC released that only 3,673 candidates scored 36 points and above, the number was corrected to 6,521 during a press conference, which was held on Friday at the BEC boardroom.The set cut-off for government sponsorship is 36 points and sadly this means that only 6,521 will be eligible for the support and the...

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