Somo Holdings (Pty) Ltd

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somo holdings

Is a South African based private company incorporated in July 2017; a diverse holding company with various subsidiaries under its capable wing, the objective of the company is to contribute positively in the reduction of unemployment and help to create sustainable job opportunities. Its operations include the following, among other services:

Retail stores comprising of food, clothing, vehicle care chemicals with a range of cleaning equipment and safety wear, homeware & hardware, luxury shuttle services, machinery hire, vegetable and livestock farming.

Our Human Resource Strategy

We work with a staffing strength of six(6) comprising of the; Managing Director, Finance & Operation Executive, Marketing & Social Media Strategist, Procurement Head, Business Development Manager and Talent Manager.

We have a network of professional and technical associates comprising Farmers, Drivers and Accountants to complement our core staff. This enables us manage our human resource with a high degree of efficiency in cost and proficiency.

Business Concept

Our business concept is to relieve our clients the burden of following up on supplies and inputs instead of concentrating on their core business activities. As a result, our door-to-door supplies come in handy for firms that may even have operations located away from their administrative offices. Pheladi Transit delivers your supplies on time to your office or designated locations at very competitive pricing.

We integrate delivery of our supplies services with building and construction services in such a way that clients project execution flow is delivered seamlessly.

We have a network of professional and technical associates comprising Farmers, Drivers and Accountants to complement our core staff. This enables us manage our human resource with a high degree of efficiency in cost and proficiency.

Values

Accountability

Is a global consulting and standards firm that works with businesses, investors, governments, and multi-lateral organizations on ESG matters to achieve opportunities, advance responsible business practices, and transform their long-term performance.

Partnership

Mutual respect is integral to the culture of the group. We therefore refer to our co-workers as “associates” and, once they own shares or share options, they are referred to as “partners”. Partnership is sharing the ownership and success of the company with all our associates and fostering solid and long-term relationships with our suppliers. Without our customers, we would not have a business, and they are one of our most valued partners. We also partner with communities, by investing in strategic initiatives that will improve the lives of those who are less fortunate, particularly children and youth.

Passion

Passion means ordinary people doing extraordinary things. It’s our engine and the positive attitude and enthusiasm of all our associates who approach each day smiling and projecting a positive image – believing that work is fun.

Respect

Positive feeling or action shown towards someone or something considered important or held in high esteem or regard. It conveys a sense of admiration for good or valuable qualities. It is also the process of honoring someone by exhibiting care, concern, or consideration for their needs or feelings.

Optimism

Mental attitude characterized by hope and confidence in success and a positive future.

Innovative

Ingenious skill and talent that allows our associate to bring ideas to live.

Value

Value is the heart of our business and we strive to add value in everything we do. It is more than just product; it is the way we serve the business, each other and our customers. Value is about doing more than what is expected or required.

Get to know more about us

We are a proud diligent servant.

  • Somo Holdings (Pty) Ltd want to place new orders

    With reliable and competitive manufacturers.

  • We are interested to find competitive manufacturers in order to increase sales turnover.

  • We invest hugely in the small(predominately in rural and township areas) businesses,

Wanted items at Everyday Low Prices

We satisfy our customers’ need through:

  • Specialist trend teams, frequent international travel and thorough research.
  • Active dialogues through social and digital media.
  • Responding to customers’ changing fashion needs.
  • Product testing before making significant merchandise commitments.
  • Slow moving merchandise cleared to make way for fresh, new merchandise.

Lower mark-ups and selling higher volume to offer excellent value

Low overhead structure and leading operating margins support:

  • Large order quantities and higher sales volumes to keep input prices low.
  • Retailing own branded merchandise.
  • Maintain balance by including costs for future growth, often ahead of revenue generation.

Remaining a cash driven retailer with cash sales > 80% of total sales

A high cash sales component means:

  • Not dependent on credit to drive sales, particularly during poor economic times.
  • Less exposure to bad debt.
  • Able to fund future growth without incurring debt.
  • Strong cash flows will support future growth and maintain an appropriate dividend payout ratio.
  • Sales Turnover: R 2’000’000.
  • Registered Capital in Rands: 600’000.

·          Number of Employees:         28.


Geographical Markets:

South Africa (Mainly Limpopo and Gauteng).

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Export Markets (Countries):

Botswana| Zimbabwe| Mozambique| Lesotho.

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