December 14, 2019 / 9:34 AM / a month ago

Botswana loss-making retailer Choppies to exit 3 more African countries

GABERONE, Dec 14 (Reuters) - Botswana budget retailer Choppies will exit three more African markets, the company announced late on Friday, less than a fortnight after it announced it would sell its loss-making South African operations for only 1 rand.

It added that it posted a 445 million pula ($40.8 million) loss after tax in delayed results for the financial year ending June 2018. (Reporting by Brian Benza Writing by Tim Cocks; Editing by Emelia Sithole-Matarise)

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