Wednesday, February 21, 2024

Shoprite fronting scam: GCC terminates liquor licence 

Supermarket giant, Shoprite International’s extensive fronting con-trick is unraveling as Gaborone City Council threatens to revoke the liquor licence used by the retail chain for its bottle stores.

This follows a series of stories published exclusively in the Sunday Standard revealing a large scale fronting scheme involving Shoprite Internationaland former acting judge and practicing attorney Rahim Khan.

The public company which is listed in South Africa on the Johannesburg Stock Exchange (JSE), with secondary listings on the stock exchanges of Zambia, Namibia and A2X  used Rahin Khan’s company as a front to evade Botswana’s citizen empowerment barriers for their bottle stores, bakeries, butcheries and fresh produce.

There's more to this story

But to keep reading, we need you to subscribe.

Investigative journalism is an indispensable part of a healthy society, but it's also expensive to produce. We are reliant on subscriptions to fund our work, and while you can enjoy most of our stories for free, a small number of premium features are reserved for subscribers.

You can subscribe for one week, a month or a full year - the choice is yours.

Save 77% on an annual subscription. Click here to find out how.

Existing subscribers can log in to keep reading here.

RELATED STORIES

Read this week's paper