8. RELATED PARTIES
  Transactions and balances with related parties
 
Sales to related parties Purchases from related parties
2025
R'000
2024
R'000
2025
R'000
2024
R'000
Blu Train Proprietary Limited* 15 039 1 203 57 719 64 325
Blue Label Communications Proprietary Limited* 1 582 43 1 331
Cell C Limited and its related entities* 3 964 443 4 688 906 4 699 129   5 693 042
I Talk Financial Services Proprietary Limited*1 4 110 8 198
I Talk Holdings Proprietary Limited*1 20 652 13 045
Mobii Systems Proprietary Limited and its related entities*   308
T3 Telecoms SA Proprietary Limited* 52 608 415 935 29 654 29 631
Utilities World Proprietary Limited* 4 248 3 593 29 037 9 241
Wozza Airtime Proprietary Limited* 27
4 037 920 5 134 777 4 816 870 5 817 482
 
* These entities are associates/joint ventures with BLT. For further details in this regard, refer to note 2.1.
1 Investment disposed of effective 1 June 2024.
 
Income received from
related parties
2025
R'000
2024
R'000
Other income received from related parties
I Talk Financial Services Proprietary Limited*1 11 862
I Talk Holdings Proprietary Limited*1  964
T3 Telecoms SA Proprietary Limited*    11 350 15 686
Wozza Airtime Proprietary Limited*  3
Trust Blu Foundation  162
Dividends received from related parties
Utilities World Proprietary Limited* 13 372
Interest received from related parties
Blu Train Proprietary Limited*  489 899
Cell C Limited and its related entities*#  756 789 826 560
I Talk Holdings Proprietary Limited*1  2 648
Mobile Macs Proprietary Limited*  79 1 541
T3 Telecoms SA Proprietary Limited* 601 751
Utilities World Proprietary Limited*  12 739
Management fees received from related parties
Blu Train Proprietary Limited*  2 729 126
T3 Telecoms SA Proprietary Limited*  1 543 850
Blue Label Communications Proprietary Limited*   30
Rent received from related parties
T3 Telecoms SA Proprietary Limited*    2 698 2 775
Blue Label Communications Proprietary Limited* 129 122
789 971 877 526
 
* These entities are associates/joint ventures with BLT. For further details in this regard, refer to note 2.1.
# Includes interest received on loans receivable and trade accounts.
1 Investment disposed of effective 1 June 2024.
 
Expenses paid to
related parties
2025
R'000
2024
R'000
Interest paid to related parties 
Blu Train Proprietary Limited* 427
Blue Label Communications Proprietary Limited* 272
T3 Telecoms SA Proprietary Limited*   56
Social economic development 
Trust Blu Foundation  5 736 11 625
6 491 11 625
 
* These entities are associates/joint ventures with BLT. For further details in this regard, refer to note 2.1.
 
Loans to related parties 
2025 
R'000 
2024 
R'000 
Loans to associates and joint ventures 
Cell C Limited and its related entities*  3 118 907  2 535 535 
Loss allowance on loans to Cell C  127 002  (176 470)
Blu Train Proprietary Limited*  —  13 231 
I Talk Financial Services Proprietary Limited*1  —  4 000 
I Talk Holdings Proprietary Limited*1  —  19 900 
Mobii Systems Proprietary Limited and its related entities*  4 206  4 884 
Mobile Macs Proprietary Limited*  —  13 900 
T3 Telecoms SA Proprietary Limited*  —  704 
Wozza Airtime Proprietary Limited*  —  2 338 
Total loss allowance on loans to related parties (excluding Cell C) (347) (5 001)
Surety loans 
Brett Levy2   67 377  65 935 
Mark Levy2  67 377  65 935 
3 384 522  2 544 891 
 
* These entities are associates/joint ventures with BLT. For further details in this regard, refer to note 2.1.
1 Investment disposed of effective 1 June 2024.
2 Refer to note 3.5 for details on the surety loans.
 
Amounts due from
related parties included
in trade receivables
 
  Amounts due to related
parties included in trade
payables
 
2025 
R'000 
2024 
R'000 
2025 
R'000 
2024 
R'000 
Blu Train Proprietary Limited*   12 661  189  8 464  13 656 
Blue Label Communications Proprietary  Limited*   8 118  14  22 345  483 
Cell C Limited and its related entities*  742 323  499 267  129 730  387 453 
I Talk Financial Services Proprietary Limited*1   —  3 902  —  500 
I Talk Holdings Proprietary Limited*1  —  7 272  —  1 698 
Mobii Systems Proprietary Limited and its related entities*   —  —  —  60 
Mobile Macs Proprietary Limited*  —  1 110  —  — 
Oxigen Services India Private Limited*#   —  5 876  —  — 
T3 Telecoms SA Proprietary Limited*   5 736  9 147  3 190  8 263 
Utilities World Proprietary Limited*   819  329  1 867  2 022 
Total loss allowance on trade receivables to related parties   (216) (8 384)
769 441  518 722  165 596  414 135 
 
* These entities are associates/joint ventures with BLT. For further details in this regard, refer to note 2.1.
# This amount has been fully provided for both in the current and prior year and is included as part of the total loss allowance.
1 Investment disposed of effective 1 June 2024.
    Amounts due from
related parties included
in other receivables
  Amounts due to related
parties included in other
payables
    2025 
R’000 
  2024 
R’000 
  2025 
R’000 
  2024 
R’000 
Cell C Limited and its related entities*   —    108 963    15 064    15 786 
T3 Telecoms SA Proprietary Limited*   —    4 880    —    4 068 
Cell C Limited – trade claim (included in sundry receivables)#   53 375    53 375    —    — 
Total loss allowance on other receivables to related parties   (53 375)   (53 375)   —    — 
    —    113 843    15 064    19 854 
* These entities are associates/joint ventures with BLT. For further details in this regard, refer to note 2.1.
# This amount has been fully provided for both in the current and prior year and is included as part of the total loss allowance.

Certain related party disclosure is required as a result of common directorships.

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 Directors interests in the Company, refer to the Directors' report.