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CASH AND CASH EQUIVALENTS (Tables)
 12 Months Ended
Jun. 30, 2024
Cash and cash equivalents [abstract]  
Schedule of Cash, Cash Equivalents and Short Term Investments
Amounts in R millionNote20242023
Cash on hand116.8131.3
Access deposits and income funds1
392.42,328.7
Restricted cash2
12.311.4
521.52,471.4
Interest earned on cash and cash equivalents6148.5190.2
1These consist of access deposit notes and conservatively managed income funds that are diversified across the major financial institutions in South Africa.
At reporting date all of these instruments had same day or next day liquidity and effective annualised yields of between 8.90% and 9.40%
2This consists of cash held on call as collateral for guarantees issued by the Standard Bank of South Africa Limited on behalf of the Group for environmental rehabilitation amounting to R5.2 million and various utilities amounting to R5.1 million
Schedule of Market Risk
Amounts in R million20242023
100bp increase
15.025.0
100bp (decrease)
(15.0)(25.0)
US Dollars not converted to South African rands at reporting date are as follows:
Figures in USD million20242023
Foreign denominated cash at 30 June—3.7
A 10% strengthening of the rand against the US Dollar at 30 June 2024 would have increased/(decreased) equity and profit/(loss) by the amounts shown below. This analysis assumes that all other variables remain constant.
Amounts in R million20242023
Strengthening of the Rand against the US Dollar—(7.0)
Weakening of the Rand against the US Dollar—7.0