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Choppies was established in the town of Lobatse in Botswana in 1986 and a massive expansion effort was begun in 2003.
Choppies has an effective corporate social investment (CSI) policy in line with the Company's commitment to the upliftment of communities.
Choppies is a BSE and JSE-listed entity committed to implementing and maintaining sound corporate governance practices.
Sound corporate governance principles are the foundation upon which the trust of investors is built and these principles are critical to growing the reputation of an organisation dedicated to excellence in performance and integrity. In line with the global principles contained in King IV, corporate governance facilitates fairness, accountability, responsibility and transparency across organisations, such as Choppies. Corporate governance processes protect executives and employees in fulfilling their duties, and good governance instils stakeholder confidence in the organisation.
Choppies is a BSE and JSE-listed entity committed to implementing and maintaining sound corporate governance practices, as set out in the Botswana Companies Act, BSE Listings Requirements (primary listing), JSE Listings Requirements (secondary listing), and the King IV Report on Corporate Governance for South Africa, 2016TM*. The Board of directors recognises that corporate governance practices must be appropriate and relevant to the size, nature and complexity of its operations, while promoting robust practices within the context of economic performance. Choppies is committed to maintaining the highest standards of governance and adopts stringent compliance practices.
The Choppies Board of directors acts in the best interests of the Company and takes ultimate responsibility for the Company.
Key to the corporate governance of the Group is the Code of Business Conduct and Ethics. This code was drawn up from best practices in the corporate world. It is intended to nurture a culture of integrity, responsibility, accountability, transparency and fairness, and to sustain the confidence and trust of all the Company's stakeholders.
Compliance with the code is mandatory for all employees and stakeholders of the Company. Among others, the code covers the following:
The Board accepts overall responsibility for the adherence to the code and has no reason to believe that there have been any material instances of non-adherence during the year under review.
Choppies is committed to ethics and integrity
Report unethical, fraudulent conduct or any wrong doing to the contacts above.
Choppies is the leading supermarket chain in Africa. The supermarket retail offering includes leading international food brands and fast-moving consumer goods (FMCG) products as well as Choppies' own private label for value-minded consumers.