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Commitments And Contingencies
 6 Months Ended
Dec. 31, 2024
Commitments And Contingencies [Abstract]  
Commitments And Contingencies
20.
 
Commitments and contingencies
Guarantees
The South African
 
Revenue Service and
 
certain of the
 
Company’s customers,
 
suppliers and other
 
business partners have
 
asked
the Company
 
to provide
 
them with
 
guarantees, including
 
standby letters
 
of credit,
 
issued by
 
South African
 
banks. The
 
Company is
required to procure these guarantees for these third parties to operate
 
its business.
RMB has
 
issued
 
guarantees
 
to
 
these
 
third
 
parties
 
amounting
 
to
 
ZAR
33.1
 
million
 
($
1.8
 
million,
 
translated
 
at
 
exchange
 
rates
applicable as of December 31, 2024) thereby utilizing part of the Company’s
 
short-term facilities. The Company pays commission of
between
3.42
% per annum to
3.44
% per annum of the face
 
value of these guarantees and does
 
not recover any of the commission
 
from
third parties.
Nedbank has
 
issued guarantees
 
to these
 
third parties
 
amounting to
 
ZAR
2.1
 
million ($
0.1
 
million, translated
 
at exchange
 
rates
applicable as of December 31, 2024) thereby utilizing part of the Company’s
 
short-term facilities. The Company pays commission of
between
0.47
% per annum to
1.84
% per annum of the face
 
value of these guarantees and does
 
not recover any of the commission
 
from
third parties.
The Company has not recognized any obligation related to these guarantees in its consolidated balance sheet as of December 31,
2024. The maximum
 
potential amount that
 
the Company could
 
pay under these
 
guarantees is ZAR
35.2
 
million ($
2.1
 
million, translated
at exchange
 
rates applicable
 
as of
 
December 31,
 
2024). As
 
discussed in
 
Note 9,
 
the Company
 
has ceded
 
and pledged
 
certain bank
accounts to Nedbank as
 
security for the guarantees
 
issued by them
 
with an aggregate value
 
of ZAR
2.1
 
million ($
0.1
 
million, translated
at
 
exchange
 
rates
 
applicable
 
as
 
of
 
December
 
31,
 
2024).
 
The
 
guarantees
 
have
 
reduced
 
the
 
amount
 
available
 
under
 
its indirect
 
and
derivative facilities in the Company’s
 
short-term credit facilities described in Note 9.
Contingencies
The
 
Company
 
is
 
subject
 
to
 
a
 
variety
 
of
 
insignificant
 
claims
 
and
 
suits
 
that
 
arise
 
from
 
time
 
to
 
time
 
in
 
the
 
ordinary
 
course
 
of
business. Management
 
currently believes
 
that the
 
resolution of
 
these other
 
matters, individually
 
or in
 
the aggregate,
 
will not
 
have a
material adverse impact on the Company’s
 
financial position, results of operations or cash flows.