6. Financing structure and commitments
6.7 Commitments
 
6.7.1 Capital commitments
  Group Company
  31 March
2026
Rm
31 March
2025
Rm
31 March
2026
Rm
31 March
2025
Rm
Capital commitments authorised 9 748 7 475 5 700 3 733
Commitments against authorised capital expenditure 1 204 3 562 615 2 701
Authorised capital expenditure not yet contracted 8 544 3 913 5 085 1 032

Capital commitments comprise commitments for property, plant and equipment and intangible assets.

Management expects these commitments to be financed from internally generated cash and borrowings.

The increase in authorised capital expenditure not yet contracted for Group and Company is mainly due to the higher capex budget to improve network infrastructure. The reduction in commitments against authorised capital expenditure is due to the completion of the three-year mobile network project commenced in the 2024 financial year.

6.7.2 Lease commitments
  Group Company
  31 March
2026
Rm
31 March
2025
Rm
31 March
2026
Rm
31 March
2025
Rm
Future payments on leases committed but not yet commenced 359 10 359 10

The increase in future payments on leases committed but not yet commenced is mainly due to lease renewals signed in the current year for leases commencing on and after 1 April 2026.