The Department of Trade and Industry is implementing a comprehensive suite of interventions to resolve second economy challenges.
The Lotteries Act required me to issue a new licence to operate the Lottery at the end of the term of the licence of the previous operator. In practice, abiding by the decision of the Court meant checking whether any of the shareholders and shareholders of shareholders in all of the bidding companies, not only Gidani, had any political office bearers. I therefore accept the Boards' recommendation and accordingly the licence to operate the National Lottery is awarded to Gidani.
I use this metaphor to emphasise two things about the relationship between South Africa and Germany: firstly, South Africa counts its relationship with the Federal Republic of Germany as being among its most treasured bilateral relationships. Indeed, even after the achievement of democracy in South Africa, Germany has remained one of South Africa's firmest friends, expressing this friendship through its investment commitment to the new democracy.