Andreas Heide News Today

Americans are crowding into Europe’s travel hot spots. Here are the less-crowded places where Europeans are going instead.

Americans are crowding into Europe’s travel hot spots. Here are the less-crowded places where Europeans are going instead.

Phumelela ‘winds up business’ as it delists from JSE Share 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 High Court had placed Phumelela assets under bankruptcy protection, ...

Phumelela shares to delist from JSE as creditors wind up business 14th December 2020 | By Robin Harrison Shares in stricken South African horse racing operator Phumelela Gaming and Leisure Group will delist from the Johannesburg Stock Exchange early next year, as the business is broken up to repay creditors. Trading of Phumelela shares has been suspended since 8 May, when the company was placed in business rescue – a form of bankruptcy protection – that ultimately saw it accept a rescue de...