Tag Archives: Johannesburg Stock Exchange (JSE)

Phumelela ‘winds up business’ as it delists from JSE

Phumelela ‘winds up business’ as it delists from JSE

South African horse racing operator Phumelela Gaming and Leisure Group will delist from the Johannesburg Stock Exchange (JSE) in early 2021 as the company is broken up to repay creditors.  The heritage racing operator has faced financial difficulties for a number of months, following the forced closure of its racetrack venues due to South African coronavirus restrictions in May.  Johannesburg’s …

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