8. Related parties
   
 

Transactions and balances with related parties:

  2021
R'000 		2020
R'000 		2021
R'000 		2020
R'000
  Sales to related
parties		 Purchases from
related parties
Black Ginger 59 Proprietary Limited – – – 64
Blue Label Mexico S.A. de C.V.*1 1 406 5 935 – –
Cell C Limited and its related entities* 1 729 573 1 395 521 4 275 098 3 305 045
Ellerine Bros. Proprietary Limited – – 161 157
i-Crypto Incorporated* 121 138 – 213
Mobii Systems Proprietary Limited and its related entities* 48 – – –
Melrose Motor Investments Proprietary Limited – – 10 11
Moneyline 311 Proprietary Limited – – 3 720 3 696
Prepaid24 Proprietary Limited*1 8 832 12 292 – –
T3 Telecoms SA Proprietary Limited* 3 394 108 43 923 14 154 26 492
The Grill House Close Corporation – – – 140
Unihold Group Proprietary Limited 83 24 – –
I Talk Holdings Proprietary Limited*2 23 756 13 938 12 935 17 303
I Talk Financial Services Proprietary Limited* 3 645 – 651 –
Uvongo Falls No 26 Proprietary Limited – – 1 445 1 365
5 161 572 1 471 771 4 308 174 3 354 486

 

  Income received from
related parties 		Expenses paid to
related parties
Other income received from related parties
I Talk Holdings Proprietary Limited* 157 82 – –
Mobii Systems Proprietary Limited and its related entities* 480 – – –
Dividends received from related parties
I Talk Holdings Proprietary Limited*2 14 000 5 000 – –
Interest received from related parties
SupaPesa South Africa Proprietary Limited*3 – 556 – –
T3 Telecoms SA Proprietary Limited* 977 666 – –
I Talk Holdings Proprietary Limited*2 146 931 – –
Prepaid24 Proprietary Limited*1 69 – – –
Finance revenue from related parties
Cell C Limited and its related entities* 95 951 108 084 – –
Management fees received from related parties
T3 Telecoms SA Proprietary Limited* 325 286 – –
I Talk Holdings Proprietary Limited*2 2 580 515 – –
Rent received from related parties
T3 Telecoms SA Proprietary Limited* 412 206 – –
Interest paid to related parties
I Talk Holdings Proprietary Limited*2 – – 546 6
Management fees paid to related parties
T3 Telecoms SA Proprietary Limited* – – – 203
Rent paid to related parties4
Ellerine Bros. Proprietary Limited – – 9 098 8 424
Moneyline 311 Proprietary Limited – – 9 098 8 424
Uvongo Falls No 26 Proprietary Limited – – 9 376 8 715
115 097 116 326 28 118 25 772

 

   2021  
R'000  		 2020 
R'000 		 2021 
R'000 		 2020 
R'000 
Loans to
related parties 		 Loans from
related parties 
2DFine Holdings Mauritius*#  196 513  249 513  –  – 
2DFine Investments Mauritius*#  3 318  4 082  –  – 
Oxigen Services India Private Limited*#  45 908  57 248  –  – 
Brett Levy (refer to note 3.5.1) 41 857  52 415  –  – 
Mark Levy (refer to note 3.5.1) 41 857  52 415  –  – 
Prepaid24 Proprietary Limited*1  –  3 578  –  – 
T3 Telecoms SA Proprietary Limited*  15 016  9 053  –  – 
I Talk Holdings Proprietary Limited*2  2 000  2 000  270  – 
I Talk Financial Services Proprietary Limited*  8 000  –  –  – 
Total loss allowance on loans to related parties (refer to note 3.5.1) (247 992) (315 985) –  – 
106 477  114 319  270  – 

 

  Guarantees given to
related parties 		Guarantees received
from related parties
Oxigen Services India Private Limited* – 87 603 – –
– 87 603 – –

 

  Lease asset due from
related parties		 Lease liability due to
related parties3
Ellerine Bros. Proprietary Limited – – 18 419 25 297
Moneyline 311 Proprietary Limited – – 18 419 25 297
Uvongo Falls No 26 Proprietary Limited – – 18 859 27 168
– – 55 697 77 762

 

   Amounts due from
related parties included
in trade receivables		 Amounts due to related
parties included in trade
payables
Blue Label Mexico S.A. de C.V.*1  –  426  –  – 
Cell C Limited and its related entities*  1 677 193  1 266 899  456 902  488 917 
Mobii Systems Proprietary Limited and its related entities*  782  –  2  – 
Oxigen Services India Private Limited*   –  5 876  –  – 
Prepaid24 Proprietary Limited*1  –  11  –  – 
T3 Telecoms SA Proprietary Limited*   3 879  3 200  –  – 
Unihold Group Proprietary Limited   590  492  –  66 
I Talk Holdings Proprietary Limited*2  4 775  119  3 706  – 
I Talk Financial Services Proprietary Limited*  2 855  –  204  – 
Uvongo Falls No 26 Proprietary Limited   –  1 436  –  – 
Total loss allowance on trade receivables to related parties (refer to note 3.5.2)  (5 055) (10 995) –  – 
1 685 019  1 267 464  460 814  488 983 

 

  2021
R'000 		2020
R'000 		2021
R'000 		2020
R'000
  Amounts due from
related parties included
in other receivables		 Amounts due to related
parties included in other
payables
I Talk Holdings Proprietary Limited*2 – – 1 572 –
– – 1 572 –
* These entities are associates/joint ventures. For further details in this regard, refer to note 2.1.
# These loans and receivables have been fully provided for both in the current and prior year and are included as part of the total loss allowance.
1 Prepaid24 Proprietary Limited and Blue Label Mexico S.A. de C.V. were disposed of during the year. Transactions with both are disclosed up until the date of sale. Refer to note 2.1.
2 I Talk Holdings Proprietary Limited was previously named United Call Centre Solutions Proprietary Limited.
3 SupaPesa South Africa Proprietary Limited was disposed of as part of the VAS operations sale transaction in the prior year. Refer to note 2.1.
4 Included in the rental payments is the unwinding of the lease liability.

For details of emoluments to Directors, refer to�note 5.3. For details of equity compensation benefit expense in respect of Directors, refer to�note 5.1. The Executive Directors of the Company are regarded as key management of the Group.

For details of the shareholdings in the Company, refer to the�Directors' report.