International retailer that quietly exited South Africa by selling its 90 stores for R1

• Choppies quietly exited South Africa by selling its 90 stores for R1, as part of a major turnaround plan after years of financial difficulties.
• Choppies, a Botswanan international retailer, operated over 240 stores across eight African countries at its peak, but was forced to exit markets that were consistently losing money, including South Africa.
• The sale of Choppies' South African business to Kind Investments Proprietary Limited has been completed, allowing the company to refocus on its profitable core operations and potentially recover from its financial crisis.