Ithuba Invests 50 Billion in Tanzanian National Lottery
The Tanzanian National Lottery has appointed South African-based company Ithuba to oversee its operations. The move involves a $50-billion investment to improve the lives of Tanzanian citizens and stimulate economic growth in the country.

Government Praises Lottery’s Economic Potential
Deputy Minister for Finance, Hamad Hassan Chande, lauded the partnership between the National Lottery and Ithuba Tanzania at a ceremony in Dar es Salaam. He emphasized that the lottery games would not only stimulate the country’s economy but also support the development of local talent.
“This is an important opportunity for economic investment and community development, especially in nurturing young talent. It’s the right time for such an initiative, as the government has heavily invested in the sports sector, and with Tanzania’s football league now ranked sixth in Africa, I believe that we can reach fourth place next year. This is possible”, said Hamad Hassan Chande.
Ithuba’s Vision for Growth and Community Impact
Kelvin Koka, Director of ITHUBA Tanzania, expressed his optimism for the National Lottery, describing it as a foundation for leadership, opportunity, and collective prosperity. He also envisioned Tanzania and the broader East African region becoming a leading force in the gambling industry.
“Ithuba has strong confidence in the growth and potential of Tanzania’s gambling market, which is why we are investing here. This is not just about gambling; it’s a significant investment that will benefit lucky winners and all service providers supporting the project. Through this initiative, we aim to make a positive impact on society, particularly by introducing modern gaming technology. It’s a life-changing opportunity”, added Kelvik Koka.
National Lottery Expansion and Oversight
Koka further explained that every ticket purchased would contribute to community development, with the goal of expanding the National Lottery’s reach beyond Dar es Salaam to all regions of Tanzania. The National Lottery is expected to create 2,000 jobs and distribute over 120 billion in prizes through draws and other games to be introduced in 2025. The Gaming Board of Tanzania will oversee the National Lottery, ensuring transparency and fairness in all operations.
Photo. dailynews.co.tz
Recommended