Saturday, June 15, 2024

Africa’s biggest retailer in Botswana’s citizen empowerment busting row

Shoprite, Africa’s biggest Supermarket chain which is listed on the Johannesburg Stock Exchange (JSE) is using Botswana citizens as fronts to circumvent the country’s citizen empowerment laws – Sunday Standard investigations have revealed.

Shoprite International which is registered in the tax haven of Mauritius is operating a bottle store at the Airport Junction Mall 70665 Unit 7 Block 10 in Gaborone, using a license made out to a 100% citizen owned company.

Bottle Stores are among businesses which are reserved for Botswana citizens under the country’s citizen empowerment laws.

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