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Former South African tech CEO linked to controversial Lotto contract | SA News


Former Adapt IT CEO Sbu Shabalala has been linked to the controversial new Lotto contract, which has been awarded to Sizekhaya.

The Lotto contract is highly lucrative, with the outgoing operator, Ithuba Holdings, reporting a turnover of R7.28 billion in 2024.

In May 2025, Trade, Industry, and Competition Minister Parks Tau appointed Sizekhaya Holdings as the fourth national lottery and sports pools operator, effective 1 June 2026.

The issue has been contentious from the start, and Tau said this matter has already…

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