Toby Chance: Minister Tau caught unawares by Mashatile’s Lotto Licence Links

Loading player...
Trade and Industry Minister Parks Tau was “surprised” by the links of Deputy President Paul Mashatile to the new Lotto licensee appointed by him at the end of May. So says Toby Chance, the Democratic Alliance (DA) spokesperson on Trade, Industry and Competition, after the Minister was questioned today. “Minister Tau didn't appear to be aware of it, which raises serious questions of due diligence in the Lottery adjudication process.” Chance says there are lots of unanswered questions “and unfortunately, it's a classic case - yet again - of how State Capture and corruption works. It's a dubious connection between politicians, business people and public officials. which has led to the downfall of so many of our institutions.” Chance adds that the corruption charges laid against the Deputy President by the DA over a year ago are still pending. “And so I think that what Mr. Tau is able to uncover, if he does go ahead with this investigation into Sizekhaya's shareholding, could be the beginning of a slippery slope for the Deputy President.”
24 Jun 2025 8AM English South Africa Investing · Business News

Other recent episodes

BizNews Edge: Stranger than fiction - Jooste's consigliere meets ET-type end

Today's BizNews Edge covers three stories that cut to the heart of South African business and politics. John Steenhuisen has broken publicly with the DA, naming Geordin Hill-Lewis and Tony Leon in allegations that threaten serious damage to the party just months before the 2026 municipals. Prosus, once a byword…
29 Jun 5AM 24 min

Criminalising corporate silence with Wendy Addison

South Africa's first high-profile whistleblower Wendy Addison is done talking shop. She's raised a criminal docket against a corporation and its directors for silencing two financial industry whistleblowers — and she thinks it could be a watershed moment. Can personal criminal accountability finally give whistleblower protection real teeth?
29 Jun 3AM 23 min

BN Daybreak: Strait of Hormuz showdown as US and Iran head back to Doha

Vessels are still threading the Strait of Hormuz, but a Bloomberg analyst calls it Schrodinger's Strait: you never know if it's open until you try to get through. With traffic down to a fraction of normal and ships taking hits, owners are weighing whether the world's most vital oil route…
28 Jun 9PM 15 min