RMB brings super to the market

RMB brings a leading African company to Africa’s leading stock exchange

In a deal that highlights our continued strength in South African equity capital markets, Rand Merchant Bank is proud to have acted as bookrunner and sponsor on Choppies Enterprises’ ZAR1.36-billion IPO and secondary inward listing on the JSE. The equity capital raising will enable Botswana’s leading supermarket retailer to realise its ambitious growth plans in Africa - expanding its existing footprint and entering new markets.