| 2016 | 2015 | ||
| R’000 | R’000 | ||
21 |
RELATED-PARTY TRANSACTIONS |
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| Transactions with related parties are concluded at arm’s length and under similar terms and conditions to third parties. The following significant related-party transactions occurred during the year: |
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| Dividends received from |
875 000 | 1 500 000 | |
| Preference dividends received from deemed to be subsidiary companies | 295 079 | 267 340 | |
| Management fees paid to subsidiary company | 148 | 137 | |