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Report of the public protector
Phumelela Gaming & Leisure Limited
(Registration number 1997/016610/06)
(Incorporated in the Republic of South Africa)
Share Code: PHM ISIN: ZAE000039269
(“Phumelela” or the “Company”)
REPORT OF THE PUBLIC PROTECTOR
The Public Protector has released her final report regarding an investigation into allegations of
maladministration and improper conduct in connection with the corporatisation of the horseracing
industry in South Africa.
Although the Public Protector has not directed Phumelela to take any remedial action, she has,
inter alia, directed the Premier of the Gauteng Provincial Government and the Gauteng Gambling
Board (“the GGB”) to ensure that Phumelela’s portion of the 6% levy on punters’ winnings on
fixed-odds bets, is withdrawn. This levy is collected and paid to Phumelela in terms of the Gauteng
Gambling Act and Regulations and forms the subject of pending High Court litigation between
Phumelela, the Premier, the GGB and the Gauteng MEC for Economic, Environment, Agriculture
and Rural Development.
Phumelela has been advised that this directive, as well as other portions of the Public Protector’s
report, is reviewable and Phumelela is considering its options.
Johannesburg
07 May 2019
Sponsor and Investment Bank
Investec Bank Limited
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