Sizekhaya Holdings

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https://sizekhaya.co.za/

Company typePrivate
IndustryGaming and Lottery
FoundedJanuary 26, 2024; 2 years ago (2024-01-26)
HeadquartersSouth Africa
Sizekhaya Holdings (RF) (Pty) Ltd
Company typePrivate
IndustryGaming and Lottery
FoundedJanuary 26, 2024; 2 years ago (2024-01-26)
HeadquartersSouth Africa
Key people
Moses Tembe (Chairperson), Sandile Zungu (Director), Fundi Sithebe (Non-Executive Director), Dr Mabatho Ntombizikhona Mutshekwane (Director)
ServicesNational Lottery and Sports Pools
Websitehttps://www.sizekhaya.co.za

Sizekhaya Holdings (RF) (Pty) Ltd is a South African consortium that was awarded[1] the Fourth National Lottery and Sports Pools Licence by the South African Department of Trade, Industry and Competition (DTIC) in May 2025.[2] The company, led by KwaZulu-Natal businessmen Moses Tembe and Sandile Zungu,[3] is set to operate the National Lottery and Sports Pool for an eight-year term starting June 1, 2026, replacing the previous operator, Ithuba Holdings.[4] The tender, valued at approximately R180 billion,[5] has drawn significant attention due to its scale and controversies[6] surrounding the bidding process.

Sizekhaya Holdings[7] was registered on January 26, 2024, and emerged as the successful bidder for the National Lottery and Sports Pools Licence after a competitive process involving eight companies.[8][9] The announcement was made by Minister of Trade, Industry and Competition Parks Tau on May 28, 2025, following negotiations with the National Lotteries Commission (NLC).[10]

The selection process faced delays and legal challenges,[11] including a Pretoria High Court ruling that set aside a temporary licence decision and mandated the announcement of a new operator by May 28, 2025.[12]

Operations

Sizekhaya Holdings is tasked[13] with overseeing lottery ticket sales,[14] prize payouts, and contributions to the National Lottery Distribution Trust Fund (NLDTF), which supports community development initiatives across South Africa.[15] The consortium has partnered with Genlot,[16] a technology company with a 19% global lottery market share, to enhance ticket sales, staff onboarding, and equipment management.[15]

Ownership and leadership

The consortium[17] is led by prominent KwaZulu-Natal businessmen Moses Tembe and Sandile Zungu. The Goldrush Group, a subsidiary of JSE-listed Goldrush Holdings, initially held a 50% stake in Sizekhaya but reduced its ownership to 40% to comply with lottery licence regulations.[9] Other shareholders include Bellamont Gaming,[18] where Moses Tembe serves as a director. Lebogang Ndadana, a director of Sizekhaya, is also a member of the audit committee of the National Empowerment Fund (NEF), which holds a 20% stake on behalf of the state.

Awarding

Future plans

References

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