Notes to the Company financial statements | Note 11
for the year ended 31 December 2010

11.   RELATED PARTY TRANSACTIONS  
    Various transactions were entered into by the Company during the period with related parties. The terms of these transactions are documented below.
The following is a summary of transactions with related parties during the period and balances due at reporting date		  

          December
2010
Rm		       December
2009
Rm		  
    Dividends received:                
    – Mobile Telephone Networks Holdings (Proprietary) Limited     6 987       4 280  
    – Newshelf 664 (Proprietary) Limited     —       14 381  
    Donation                
    – Newshelf 664 (Proprietary) Limited     —       (9 577)  
    – MTN Zakhele     (1 294)       —  
    Management fees paid:                
    – MTN Group Management Services Company (Proprietary) Limited     53       (76)  
    Management fees received:                
    – MTN International (Proprietary) Limited     58       82  

   

Directors
Details of directors’ remuneration are disclosed in note 1 of the Company financial statements as well as in the directors’ report under the heading
“Details of emoluments and related payments”.

Shareholders
The principal shareholders of the Company are disclosed in the directors’ report under the heading “Shareholders’ interest”.