Tender process for new Lotto operator open

The new operator is expected to replace Gidani on 1 June 2015.

Trade and Industry Minister Rob Davies announced the National Lotteries Board will have a new operator within two years. Picture: Giovanna Gerbi/EWN

CAPE TOWN - The National Lotteries Board will have a new operator within two years and the tender process has officially been thrown open.

Trade and Industry Minister Rob Davies, along with board officials, made the announcement in Parliament on Tuesday afternoon.

The new operator is expected to replace Gidani on 1 June 2015.

Davies says the government tender is significant as turnover in the seven-year contract period is about R40 billion.

Davies has vowed this will be the most scrutinised bid ever.

He adds he wants to ensure a seamless transition and make sure there is no gap of six months like when Gidani took over from Uthingo five years ago.

Interested parties can purchase the tender document for a non-refundable R50,000.

For the tender to be accepted applicants will have to fork out another R2.5 million which is not refundable either.

Tenders will be accepted on 30 November at an undisclosed location.