The settlement of the long-running battle between Ithuba and JSE-listed investment group Hosken Consolidated Investments (HCI) over the running of the lottery is being stalled by the Covid-19 pandemic.

Ithuba, which won a contract to run the national lottery through its management company, Zamani, from June 2015 to May 2023, has been locked in a legal battle with HCI over claims of unpaid management fees.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now