2016  2015 
    R’000  R’000 

10

LONG-TERM BORROWINGS

   
  3 461 (2015: 3 461) unsecured redeemable preference shares of R100 000 each issued to the SBSA    
  Unredeemed at beginning of year 346 100  346 100 
  Voluntary redemption of 3 461 shares on 27 June 2016  (346 100) – 
    –  346 100 
  Dividends paid during the year were as follows:    
  On 5 October 2015 (2015: 6 October 2014) 11 111  11 304 
  On 5 April 2016 (2015: 2 April 2015) 11 639  11 023 
  On 27 June 2016, upon voluntary redemption of the above 3 461 shares 6 265  – 
    29 015  22 327