Coronavirus stalls protracted battle between HCI and Ithuba
Lottery operator says it is being bullied, while gaming and leisure group contends that Ithuba breached loan agreement
08 July 2020 - 20:43
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...
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