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Gold Rush Consortium picked as preferred lottery bidder, source says

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Trade minister Parks Tau is said to have opened negotiations with the consortium after a controversial bidding battle

A consortium led by KwaZulu-Natal businesspeople Moses Tembe and Sandile Zungu has emerged as the preferred bidder to win the lucrative eight-year licence to operate SA’s national lottery.

Business Day understands that trade, industry & competition minister Parks Tau has opened negotiations with the Gold Rush Consortium after a protracted bidding battle, marred by the participation of politically exposed people…

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