ANC bigwigs win the Lotto

Vox Populi Vox Dei

High Tory
Joined
Mar 6, 2004
Messages
53,917
Reaction score
38,774
Location
Cape Town
Sunday Times

TOP ANC figures have hit the jackpot as preferred bidders to run the national lottery when the current seven-year contract with Uthingo comes to an end in April next year.

The shareholding structure in the Gidani consortium, which won the bid, has been a closely guarded secret, but the Sunday Times has established that ANC national executive committee members Cyril Ramaphosa, Max Sisulu and Chris Nissen — the former leader of the ANC in the Western Cape — are key players.

The National Lotteries Board identified Gidani as its preferred bidder in July, ahead of Uthingo.

Gidani is now negotiating with the government the terms of the licence, which will take effect at the beginning of April.

Other high-profile shareholders in Gidani include:

•Brigalia Bam, chairman of the Independent Electoral Commission, and Dawn Mokhobo, a former IEC commissioner; and

•The Women’s Development Foundation, which has as its directors Deputy Minister of Arts and Culture Ntombazana Botha, Anne Letsebe, Deputy Director-General in the Presidency, and Joyce Piliso-Seroke, Chairman of the Commission on Gender Equality.

Gidani is led by former Transnet chairman Bongani Khumalo, whose company, Gravitas Investment, is also a shareholder.

The consortium is expected to make a profit of more than R40-million a year from the lottery.
 
I do not play the Lotto and I do not frequent Casinos.

Gambling is for 2 kinds of people and I am neither. :rolleyes:
 
Let them have their lotto money and keep on leeching off the poor.
I hope they can sleep knowing that there are kids who go to sleep hungry cause their parents spent their money on gambling.
 
I actually know someone who won R8000-00 on the first lotto draw. I also won R200-00 never won anything myself ever again, though, ever. Only played like twice. The odds are too high like 14 Million to one. Its Safer betting on a horse?? There you can win (maybe not big) but some guys win about R30000-00 a month. A guy in my street doesn't even work. Just plays the horses Wednesdays and Saturdays and wins.
 
Of course this is part of the plan to redress the legacy of apartheid and anybody who derides it is racist and part of a right wing conspiracy!
 
Top
Sign up to the MyBroadband newsletter
X