Who owns what.

The holding company, the operating company, the licence, and the people who lead them.

SommaRedde International Ltd

The holding company of the group, registered in Mauritius (registration number C137501) and based at The Business Exchange, 1 Cyber City, Ebene. It holds the group's platform rights and the country licences under which operating companies deploy the rail. Director: Hans van Loggerenberg, Group Chief Executive Officer.

SommaRedde South Africa (Pty) Ltd

The operating company for South Africa (registration number 2026/009011/07), wholly owned by SommaRedde International and directed by Johan Burger, Executive Director and Chief Financial Officer, a Chartered Accountant (South Africa). Its site is sommaredde.co.za.

The licence relationship

SommaRedde is ProgressSoft's direct licensee for South Africa. Enterprises and merchants who join the rail are SommaRedde's customers, not ProgressSoft's. One Lexiicon implements and maintains the supporting Oracle technology stack.

Leadership

Hans van Loggerenberg, Director and Group Chief Executive Officer, SommaRedde International Ltd. Profile on LinkedIn.

Johan Burger, Executive Director and Chief Financial Officer, SommaRedde South Africa (Pty) Ltd, CA(SA). Profile on LinkedIn.

A short history

The group was founded in 2016. The partnership with ProgressSoft followed in 2017, the cloud platform was completed in 2019, and the South African operating company was incorporated in 2026 to lead the first national deployment.