Breaking News
Choppies Enterprises Limited lists on the JSE
The Johannesburg Stock Exchange today welcomes the debut of Botswana-based grocery retailer, Choppies Enterprises Limited (Choppies) to the Main Board. Choppies listed on the JSE’s Main Board in the Food Retailers and Wholesalers sector and is the sixth listing on the exchange this year.
With its primary listing on the Botswana Stock Exchange, Choppies boasts a wide FMCG portfolio, including its own private label products and leading international food brands. As a fast growing retailer on the continent, Choppies’ secondary listing on the JSE is intended to assist the company with access to capital needed to support its organic and acquisitive growth as well as establish its presence and public profile in strategic markets in Southern and East African markets.
The Group is currently the top supermarket chain in Botswana, holding significant market share of the overall national food retail market. Choppies currently operates 125 retail outlets in Southern Africa, comprising 72 stores in Botswana, 35 stores in South Africa and 18 stores in Zimbabwe. Through the listing, Choppies intends to increase its footprint in South Africa, Zimbabwe, Kenya, Namibia, Tanzania and Zambia.
Donna Oosthuyse, head of JSE Capital markets comments: “The JSE congratulates Choppies on its secondary listing on the JSE and for being the second Botswana Company to list on our exchange.”
Choppies CEO, Ramachandran Ottapathu says, “We welcome our new shareholders to Choppies and are delighted that our listing on the JSE has led to a broader shareholding in our company. Choppies offers a compelling investment case thanks to its growth trajectory and cash rich business. Our proven business model, knowledge of the market and exciting economic fundamentals clearly show Choppies is ideally placed to grow its market share across Africa as shoppers turn to branded convenience in ever-growing numbers.”
- Next Insurance Acquired for $2.6 Billion in Cash Read more
- Crypto Meets Forex: Finrax and FXBO Revolutionize Payment Solutions for Brokers Read more
- Fiserv Announces the Appointment of Stephanie Cohen to Board of Directors Read more
- DTCC Joins ERC3643 Association Read more
- Tastytrade Expands Crypto Trading With New Digital Assets, Powered by Zero Hash Read more
Next Insurance Acquired for $2.6 Billion in Cash
Munich Re and NEXT Insurance have signed a definitive agreement regarding the full acquisition of NEXT Insurance
Crypto Meets Forex: Finrax and FXBO Revolutionize Payment Solutions for Brokers
Finrax, the leading crypto payment gateway bridging crypto and fiat, offering fast and reliable payment processing, has announced a partnership with FXBO.
Fiserv Announces the Appointment of Stephanie Cohen to Board of Directors
Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology solutions, today announced the appointment of Stephanie Cohen to its Board of Directors.
DTCC Joins ERC3643 Association
As a member, DTCC will contribute to the Association’s goals by promoting and advancing the ERC3643 token standard.
Tastytrade Expands Crypto Trading With New Digital Assets, Powered by Zero Hash
Zero Hash, the leading crypto and stablecoin infrastructure provider, today announced that tastytrade, a leading brokerage with an award winning platform for traders, has expanded their relationship with Zero Hash, enabling trading of five additional digital assets. Having launched crypto trading capability in 2020, through Zero Hash, this expansion meets increased customer demand for more crypto trading options.
USDG Expands Global Footprint and is Now Available for Trading across More Than Ten Digital Access Exchanges Globally
Today, Global Dollar Network, an open network designed to accelerate and reward global stablecoin adoption, announced that Global Dollar (USDG) is now available for trading across more than ten digital asset exchanges. These strategic listings expand the accessibility and liquidity of USDG, offering users enhanced trading opportunities. Now, millions of users globally can get safe, trusted US dollars in the form of USDG via their preferred trading platforms. Since January 1, USDG has grown more than 300%*, making it one of the fastest growing stablecoins.
Capital Credit Union Modernizes Operations and Positions for Growth With Jack Henry
Jack Henry™ (Nasdaq: JKHY) is pleased to announce that Capital Credit Union converted to Jack Henry’s Symitar® platform and complementary products to support its future growth.
Next Insurance Acquired for $2.6 Billion in Cash
Munich Re and NEXT Insurance have signed a definitive agreement regarding the full acquisition of NEXT Insurance
Crypto Meets Forex: Finrax and FXBO Revolutionize Payment Solutions for Brokers
Finrax, the leading crypto payment gateway bridging crypto and fiat, offering fast and reliable payment processing, has announced a partnership with FXBO.
Fiserv Announces the Appointment of Stephanie Cohen to Board of Directors
Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology solutions, today announced the appointment of Stephanie Cohen to its Board of Directors.
DTCC Joins ERC3643 Association
As a member, DTCC will contribute to the Association’s goals by promoting and advancing the ERC3643 token standard.
Tastytrade Expands Crypto Trading With New Digital Assets, Powered by Zero Hash
Zero Hash, the leading crypto and stablecoin infrastructure provider, today announced that tastytrade, a leading brokerage with an award winning platform for traders, has expanded their relationship with Zero Hash, enabling trading of five additional digital assets. Having launched crypto trading capability in 2020, through Zero Hash, this expansion meets increased customer demand for more crypto trading options.
USDG Expands Global Footprint and is Now Available for Trading across More Than Ten Digital Access Exchanges Globally
Today, Global Dollar Network, an open network designed to accelerate and reward global stablecoin adoption, announced that Global Dollar (USDG) is now available for trading across more than ten digital asset exchanges. These strategic listings expand the accessibility and liquidity of USDG, offering users enhanced trading opportunities. Now, millions of users globally can get safe, trusted US dollars in the form of USDG via their preferred trading platforms. Since January 1, USDG has grown more than 300%*, making it one of the fastest growing stablecoins.
Capital Credit Union Modernizes Operations and Positions for Growth With Jack Henry
Jack Henry™ (Nasdaq: JKHY) is pleased to announce that Capital Credit Union converted to Jack Henry’s Symitar® platform and complementary products to support its future growth.