Harare - Choppies’s Botswana's stock exchange listed parent is facing possible delisting after failing to publish its annual results within the stipulated time. The BSE said on Tuesday it could terminate Choppies Enterprises' listing over the failure by the budget retailer to publish financial results for the year ended June 2018 on time. Choppies, operates in 8 countries including Zimbabwe where it runs 32 outlets. Choppies entered the Zimbabwean market in 2013 in a partnership between a local investment vehicle Nanavac (51%) controlled by then Vice President Phelekezela Mphoko and the Choppies Group (49%) "Shareholders are therefore cautioned that Choppies shares are under threat of suspension and possible termination," the Botswana Stock Exchange Limited (BSEL) said in a statement. In September, Choppies said the delay was due to its new auditors' reassessment of the company's balance sheet. The firm said it appointed new external auditors in January 2018 who have since raised questions with a number of the company's past accounting practices and policies including valuation of inventory, impairments on property, plant equipment and value of acquisitions by its South African subsidiary. Equity Axis News