| Company | Group | |||||||||
| 2018 | 2017 | (R’million) | 2018 | 2017 | ||||||
| 16 | Loans | |||||||||
| Loans to empowerment entities (refer to note 16.1) | ||||||||||
| 719,5 | 599,6 | – Tiger Brands Foundation | ||||||||
| 130,7 | 110,6 | – Thusani II | ||||||||
| 2,2 | 2,1 | Other | 2,8 | 2,8 | ||||||
| 852,4 | 712,3 | 16.1 | Loans to empowerment entities | 2,8 | 2,8 | |||||
| Loans to empowerment entities consist of accrued dividends receivable on the investment in preference shares in connection with the BEE Phase II empowerment transaction (refer to note 15). Preference dividends are calculated based on 93,5% of the prime interest rate prevailing from time to time. | ||||||||||