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11th-hour deal avoids National Lottery shutdown
Daily News
|June 02, 2025
AMID tense, last-minute discussions at the weekend, Trade, Industry, and Competition Minister Parks Tau intervened to prevent a shutdown of the popular National Lottery.
Tau's intervention came after a meeting on Saturday with the National Lottery Commission (NLC) and Ithuba, the current lottery operator.
The situation arose after a Gauteng High Court ruled that Ithuba's operating license could only be extended for five months, until the new operator, Sizekhaya Holdings takes over.
However the NLC had argued that a 12-month temporary license was necessary to ensure a smooth transition, but the court disagreed.
In a surprise move, Tau announced that he had granted a 12-month temporary license to Ithuba Holdings, allowing them to continue operating the National Lottery from June 1 until the end of May next year - when Sizekhaya Holdings takes over as the operator.
This story is from the June 02, 2025 edition of Daily News.
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