Not such a su­per mar­ket

Finweek English Edition - - Marketplace Simon Says -

An­other list­ing I did not like was Chop­pies. The Botswana-based su­per­mar­ket chain also re­leased its re­sults (for the year to June) late, re­sult­ing in a tem­po­rary list­ing sus­pen­sion.

It has is­sues with in­ven­to­ries, im­pair­ments, de­ferred tax … the list goes on. My con­cern on list­ing was that low LSM food re­tail­ing is tough and re­quires coun­try­wide scale, which Chop­pies does not have. A sec­ond set of late re­sults, and more ac­count­ing is­sues and there is no good rea­son to be hold­ing it.

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