Tycoon Sandile Zungu gathers regional backing as SAFA nomination deadline nears
Sandile Zungu's challenge for the SAFA presidency has gained momentum, with a rival withdrawing in his favour ahead of the July 29 nomination deadline.
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Sandile Zungu's challenge for the SAFA presidency has gained momentum, with a rival withdrawing in his favour ahead of the July 29 nomination deadline.
Businessman Sandile Zungu, the AmaZulu owner, has confirmed he will challenge Danny Jordaan for the South African Football Association presidency in September.
Sandile Zungu's Sizekhaya Holdings has taken over South Africa's R180 billion national lottery but a High Court challenge from Ithuba Holdings could yet reverse the landmark award.
Madagascar's Ambatovy nickel mine, being acquired by Sandile Zungu's ZICO consortium, has restarted production after a four-month shutdown caused by Cyclone Gezani damage.
Sandile Zungu started 2026 by acquiring a Madagascar nickel mine and ended it by taking over South Africa's national lottery in a remarkable double play.
Sandile Zungu's Sizekhaya takes over South Africa's national lottery on June 2 but faces a court challenge from Ithuba, which says the R80bn contract was awarded unlawfully.
Former Glencore nickel trader Jason Kluk and South African billionaire Sandile Zungu are acquiring Sumitomo's 54% stake in Madagascar's Ambatovy nickel mine, which has cost the Japanese company $2.6 billion in cumulative losses.
AmaZulu owner Sandile Zungu says he knows his name is in the SAFA conversation, a move that would bring big money and sharper scrutiny.