PHUMELELA GAMING & LEISURE LTD
Horses in Johannesburg

In order to increase horseracing’s competitiveness, Phumelela has recognised that collaboration and co-operation is vital to address the needs of horseracing as a sport. Gold Circle, Kenilworth Racing and Phumelela also manage the production of one national horseracing database, which is the core intellectual property upon which informed betting is based. In terms of a management agreement concluded with Kenilworth Racing, Phumelela manages the business of horseracing and tote betting in the Western Cape. These included the Triple Crown (Africa's richest series of races for three-year-olds), Champions Day (Africa's richest raceday) and the SANSUI Summer Cup in The Black Economic Empowerment Groups' strong representation on the board of directors enables transformation to be driven from board level downwards. Nearly 80% of Phumelela's employees are from previously disadvantaged groups and include a significant representation in junior, middle and senior management. In addition, that percentage is rising as targets set in the company's Employment Equity Plan are attained. The commingling enabled South African horseplayers to bet into the huge USA pools and demonstrated Phumelela's ability to participate on the global horseracing and tote betting stage. TAB’s sports offering was expanded with the launch of Rugby 5, an exciting bet on rugby, in Key elements of the upgrade included resurfacing the track and additional stabling to accommodate trainers previously stabled at Bloemfontein. The National Racing Bureau is responsible for nominations and final declarations of runners in all races in South Africa and compiling the racecard data. It’s A Rush in conjunction with other major players in South African horseracing to market the sport of horseracing and promote its core values to all South Africans. It aims to bring horseracing back to the forefront of the lifestyle entertainment industry and has a world-class interactive website and a social media presence. The Phumelela Board has a unitary Board structure consisting of seven independent non-executive directors, three non-executive directors and five executive directors. In accordance with the recommendations of the Code of Corporate Practices and Conduct, the majority of the members of the Phumelela Board, including the Chairman, are non-executive directors. To ensure a balance of power and authority, there is a clear division of responsibilities among the company's Directors. The roles of Chairman and Chief Executive are separate and the Chairman has no executive responsibilities. In his capacity as Director: Mergers and Acquisitions and International Finance, he was responsible for all of Comparex's acquisitions as well as being Finance Director of the group's international business. Andreas served articles with PricewaterhouseCoopers in Johannesburg and qualified as a chartered accountant in Over the past 19 years he has held various senior financial positions within the horseracing industry and played key roles in the corporatisation and listing of Phumelela on the JSE in John served his articles with KPMG before joining TAB KwaZulu-Natal in 1979 as Internal Auditor, and occupied various positions there before leaving in 1996 as Assistant General Manager. He then joined TAB Transvaal (transferred to Phumelela as part of the corporatisation process) in 1997 and served in various positions before heading up the international division in John is a Non-Executive Director of Automatic Systems Limited, one of the two totalisator operators in Mauritius, International Executive Director of Phumelela and was appointed Executive Director of Premier Gateway International in His thorough knowledge and understanding of horseracing stood him in good stead and in 2007 he was promoted to Racing Control Manager and Chief Executive Officer designate of the National Horseracing Authority.