The composition of ITHUBA LOTTERY (RF) (Pty) Ltd’s Board of Directors reflects the company’s commitment to the principle that its greatest asset is the depth of knowledge, skill, and experience of its leadership. Each executive director contributes proven management expertise, strong business acumen, and governance experience acquired through service on the boards of prominent local and multinational organisations.
This collective strength ensures a robust and responsible governance structure—aligned with the principles outlined in the King Reports on corporate governance—and supports the strategic objectives of operating the South African National Lottery with integrity, accountability, and effectiveness during the temporary licence period.
Mr. Phalatse is a highly esteemed business leader with over 40 years of experience in corporate and executive management, spanning both international organisations and South Africa’s leading blue-chip companies.
With a deep understanding of the Lottery industry, Mr. Phalatse previously served as a Director of Uthingo, bringing invaluable insight to the sector. For the past ten years, he has played a pivotal role in guiding ITHUBA’s success as Chairperson, where his leadership has been instrumental in shaping the company’s growth. In addition to this role, he also serves as Chair of the Social and Ethics Committee, reinforcing ITHUBA’s commitment to governance, corporate responsibility, and ethical business practices
Mr. Baatjies is a seasoned business strategist with a wealth of experience leading critical projects across Europe, South America, and the Middle East. A qualified Chartered Accountant and a registered member of the South African Institute of Chartered Accountants (SAICA), he currently serves as the Group Chief Financial Officer (CFO) at the Gauteng Growth and Development Agency, where he plays a key role in driving economic development, trade and investment initiatives for the province.
Beyond his corporate achievements, Mr. Baatjies is deeply committed to social empowerment, actively supporting youth development programs and philanthropic initiatives. For the past six years, he has been an integral member of ITHUBA’s Board, advocating for shareholder interests and contributing to the company’s remarkable success. His leadership extends beyond South Africa,as he also serves on the Board of ITHUBA Uganda Limited, overseeing operations for the country’s National Lottery Operator.
Ms. Mashanda is a highly accomplished financial expert with over 20 years of experience in accounting, auditing, and financial management. As the founder of a respected accounting and auditing firm, she has built a distinguished career advising multinational corporations and parastatals both in South Africa and internationally.
Since the inception of ITHUBA, she has served as the Chairperson of the Audit and Risk Committee, ensuring rigorous financial oversight and maintaining a track record of clean, unqualified audit reports under her leadership. A registered auditor with the Independent Regulatory Board for Auditors (IRBA) and a member of the South African Institute of Chartered Accountants (SAICA), Ms. Mashanda brings exceptional financial expertise to ITHUBA’s Board, playing a critical role in upholding transparency, governance and financial excellence.