Big Shots Grab Country's First Lottery Licence

Chauhan PIC: KENNEDY RAMOKONE
Chauhan PIC: KENNEDY RAMOKONE

Several prominent businesspeople, including Sefalana Group managing director, his chief finance officer , a renowned banker and other heavyweights are behind Grow Mine, the company that on Friday won the country’s first lottery licence, Monitor Business has established.

Registered in 2016, Grow Mine’s biggest shareholders are Sefalana Holdings Company which owns 80%, Colmar Enterprises at 47%, Citizen Money Makers at 26%, Idlehill (PTY) Ltd at 20%, Carthlee Inventions at 21% and Mokgethi Magapa at six percent.

Trading as Dineo tsa Pula,  Grow Mine directors include Sefalana Group MD Chandrakant Chauhan, his CFO Mohammed Osman, renowned banker Moatlhodi Lekaukau, business heavyweights Percy Raditladi, Carthage Matlhaga, Boatametse Kganela and Dale Terhaar.

Editor's Comment
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

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