Khula Retail — Management & Organisational Structure

The management team, the organisational structure, the staffing plan and the governance arrangements supporting the business.

Khula Retail Business PlanSection 9 › Management & Organisational Structure

Section 9 · Business Plan

Management & Organisational Structure

The management team, the organisational structure, the staffing plan and the governance arrangements supporting the business.

9.1 Founders & Senior Management

Khula Retail is led by an experienced founding team whose combined
retail tenure exceeds 35 years. The management depth and complementary
skill-set of the founders is, in the directors’ assessment, the single
most important non-financial assurance available to prospective
investors and lenders.

Role & Equity Background
Managing Director / CEO — 48% equity 20+ years in South African retail; former regional operations manager at a national supermarket chain; B.Com (Hons), University of Pretoria; advanced certificate in Retail Management. Direct accountability for strategic direction, finance, capital relationships and Year-1 store operations.
Operations Director — 32% equity 16+ years across grocery and apparel formats; former store manager and area manager; certified retail trainer. Direct accountability for store operations, staff development, supplier relationships and merchandising.
Finance & Admin Manager (employed) Chartered Accountant (SA) with 8 years post-articles experience including 4 years in retail. Accountable for financial control, statutory compliance, investor reporting and HR administration.
Merchandise & Marketing Manager (employed) Eight years in FMCG retail merchandising; direct experience with category management, supplier negotiation and loyalty programmes. Accountable for assortment, pricing, marketing execution and the loyalty programme.

Table 20. Senior management team

9.2 Board of Directors & Governance

The Company will operate a four-person board comprising two executive
directors (the founders), one investor-nominated non-executive director
(subject to investor closing), and one independent non-executive
director with prior retail-sector board experience. Board meetings will
be held quarterly with monthly written management reports circulated in
the intervening months. A standard suite of governance documents — board
charter, conflict-of-interest policy, delegation of authority, annual
budget and capex authority matrix — will be in place before first
trade.

9.3 Organisational Chart

Figure 8.
Figure 8. Khula Retail organisational structure (Year 1)

9.4 Advisory Board

To complement the executive team, an advisory board of three external
advisors has been recruited on a non-remunerated basis. Each advisor
brings a distinct perspective: a retail real-estate specialist with deep
landlord-relationship experience; a consumer-data analyst with prior
loyalty-programme design experience at a Tier-1 retailer; and a former
independent-retailer business owner who scaled from one to seven stores
over 12 years. The advisory board will meet semi-annually, with informal
access available to the founders on a project basis.

9.5 Recruitment, Training & Retention

People economics are foundational to Khula Retail’s strategy. The
Company will operate the following human-capital framework from Day
1:

  • Starting wages 8–12% above the relevant sectoral minimum, with a
    clear path to category-specialist or supervisor roles within 18
    months.
  • 80-hour structured induction programme for all new hires,
    covering product knowledge, customer-service standards, till operations,
    food safety and shrinkage prevention.
  • Quarterly performance conversations with documented development
    plans, replacing traditional annual reviews.
  • Profit-share pool (5% of net profit) distributed annually to all
    permanent staff with at least 12 months’ tenure, from Year 2
    onwards.
  • Targeted attrition rate of 30% per annum (versus
    independent-retailer benchmark of 60%+), generating significant savings
    in recruitment and training.

Confidential — this business plan is provided to prospective investors and lenders for evaluation purposes only and may not be reproduced or distributed without the written consent of Khula Retail (Pty) Ltd.