Tycoon Sandile Zungu's Sizekhaya has taken over South Africa's R180 billion lottery but a High Court challenge could still take it away
Billionaires Africa | 26.06.2026 16:58
Sandile Zungu's Sizekhaya Holdings assumed operational control of South Africa's National Lottery on June 1, 2026, beginning an eight-year contract widely described as worth R180 billion ($10.9 billion) in projected ticket sales and marking the first change of lottery operator in the country since 2015. The transition came with R130 million jackpots, live televised draws returning to e.tv for the first time in years, and more than 5,500 new retail terminals activated across the country. It also came with unresolved litigation that could yet reverse the award entirely.
