South African tycoon Sandile Zungu's Sizekhaya Holdings wins $4.9 billion national lottery contract
Billionaires Africa | 31.05.2026 23:41
Sandile Zungu has spent more than two decades building a business empire from the ground up in KwaZulu-Natal. This week, that empire took its biggest leap yet. On June 2, his consortium Sizekhaya Holdings assumes control of South Africa's national lottery, one of the most lucrative government-backed commercial contracts in the country's history, valued at more than R80 billion over eight years.
