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End of the race as Phumelela Gaming and Leisure is forced off the JSE By Sandile Mchunu Share DURBAN - It is an end of a racing era for Phumelela Gaming and Leisure, which said on Friday that it had been informed by the JSE that its shares will be removed from the bourse from January 11, nearly eight months since its shares were suspended for trading. This comes after South Africa’s largest horse racing and tote betting operator’s board placed the company in business rescue in accordance with chapter 6 of the Companies Act on May 8. Phumelela was founded in 1997 and listed on the JSE in 2002. ....