2017 R’000				2016 R’000
19	OVERDRAFTS
	Owing at end of year				579 719			995 774
	Foreign subsidiary, Minerais U.S. LLC, maintains a US dollar denominated overdraft facility with a South African bank which provides it with the ability to borrow up to an aggregate of US$97,5 million (2016: US$100 million) to finance inventory and trade receivables, all of which are insured against default. The facility is available on demand and has no expiry date. Interest on the facility accrues at a variable rate of 0,75% above LIBOR which at year-end was 0,42% (2016: 0,40%). The overdraft is guaranteed by the holding company.