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Events
September 2017
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Long Term Contracts

  •  Borrowings: Loan Agreements
Institution Interest rate Loan term (years) Loan Amount Agreement
Development Bank of SA 9.67% 15 (2008) R 2 262 000     
Development Bank of SA 9.67% 20 (2008) R43 113 100     
Development Bank of SA 10.67% 20 (2011) R70 000 000       Loan Agreement_SM_DBSA_R70 million
INCA (Sanlam) 10.96% 20 (2011) R35 000 000

      Loan Agreement_SM_Inca (Sanlam)_R35 million

 

  •  Other
  Service provider Term Agreement
Provision and installation of digital photocopy equipment Automated Office Systems 1 February 2013 – 31 January 2018                          T14/12/13
Provision of banking services ABSA 1 July 2012 – 30 June 2017 T19/12/13
Compilation and maintenance of general valuation roll and supplementary valuation rolls SKW Waardeerders 1 July 2016 – 30 June 2020