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17. Related party transactions
(a) Parent and ultimate controlling party
At 31 March 2014, the Board of Directors considers the parent and ultimate controlling party of the Group to be Medway Developments Limited and Mr Adonis Pouroulis respectively.
(b) Transactions with related parties
Significant transactions carried out at arm’s length with related parties during the six months ended 31 March 2014 and 2013 were as follows:
| 31 March 2014 US$’000 |
31 March 2013 US$’000 |
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| Revenue | ||||
| Rocasize (Pty) Ltd | 10 | - | ||
| Kameni (Pty) Ltd | 4 | - | ||
| 14 | - | |||
| Finance expense | ||||
| Langa Trust | 150 | 159 | ||
| Arti Trust | 338 | 358 | ||
| Ditodi Trust | 25 | 27 | ||
| Makhaye Trust | 25 | 27 | ||
| The Phax Trust | 51 | 54 | ||
| The Rowad Trust | 25 | 27 | ||
| Moira June Jacquet-Briner | 25 | 27 | ||
| 639 | 679 | |||
| Donation | ||||
| Rocasize (Pty) Ltd | 288 | - |
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