Sizekhaya takes the reins, promises to elevate SA’s Lottery to new heights
Sizekhaya Holdings promises innovation, integrity and impact as it gears up to run South Africa’s National Lottery, backed by powerhouses and deep industry experience.
South Africa.- The winds of change are sweeping through South Africa’s National Lottery as Sizekhaya Holdings officially steps into the spotlight, claiming the coveted fourth lottery licence.
The man steering the ship? Veteran businessman Moses Tembe, who is wasting no time setting an ambitious tone for the lottery’s next chapter.
“We welcome that the honourable Minister of Trade, Industry and Competition, Parks Tau, appreciated the power of our vision,” said Tembe, according to the IOL.
“When the National Lottery was first mooted after the ushering in of our democracy, the most compelling argument for its existence was income it could generate to help the poorest and most vulnerable of South Africans.”
And that vision, it seems, is about transformation and impact. Tembe believes the lottery, when run with integrity and innovation, can be a catalyst for nationwide good.
“We have seen glimpses of this in South Africa. In its 25 years of operation, the lottery has funded thousands of organisations that contribute to much needed community development. But we believe that it can deliver so much more. That is why Sizekhaya Holdings bid for the lottery,” he said.
The consortium is far from a lightweight. Backed by the JSE-listed Goldrush Group – experts in gaming and online betting – Sizekhaya comes to the table with muscle and know-how. Goldrush holds a 50 per cent stake, while other shareholders include Bellamont Gaming, where Tembe serves as a director, and seasoned businessman Sandile Zungu.
Tembe brings 35 years of gaming industry experience to the role, describing his leadership as “equipped to elevate the lottery to new heights”. With community development and commercial excellence as dual goals, the new operator plans to hit the ground running.
But before the dice fully rolls for Sizekhaya, there’s still a transitional phase. A Gauteng High Court ruling has given outgoing operator ITHUBA five more months of operation, according to the publication.
