COMPANY           GROUP  
2019     2018     (R’million)   2019     2018  
            16. Loans            
              Loans to empowerment entities (refer note 16.1)            
567,0     719,5       – Tiger Brands Foundation**            
113,1     130,7       – Thusani II**            
              Dipuno ESD Foundation SPV (RF) Proprietary Limited*   25,5     –  
2,5     2,2       Other loans   3,1     2,8  
                           
682,6     852,4           28,6     2,8  
             

* This relates to the long-term portion of the loan to Dipuno ESD Foundation SPV (RF) Proprietary Limited.

** Classified as FVTPL under IFRS 9.

            
            16.1 Loans to empowerment entities            
              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% (2018: 93,5%) of the prime interest rate prevailing from time to time.