15. OPERATING LOSS
  Operating loss is arrived at after including the following:
 
  Notes   2024
R’000
  2023
R’000
Audit fees     335   323
Consulting fees     5 509   1 693
Depreciation     6   266
Impairment losses on financial assets and financial guarantees*      6,11   418 541   311 799
Legal expenses     257   377
Secretarial fees     1 542   1 482
 
* The impairment losses of R419 million (2023: R312 million) includes the increase in the ECL provision of R369 million (2023: R268 million) relating to the loan owing by The Prepaid Company to BLT, refer to note 6. In addition, the impairment losses include an ECL adjustment of R47 million (2023: R40 million) relating to the financial guarantee issued to Dark Fibre Africa (SPV5), refer to note 11.