SA racing shocked by news
Former Phumelela CEO Rian du Plessis
Phumelela CEO Rian du Plessis resigned today, citing personal reasons.
He will assist his successor John Stuart in a transition period until the end of March 2019.
Du Plessis has undertaken not to dispose of any Phumelela shares held directly or indirectly by him, his family or otherwise in the foreseeable future.
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The classic has a long and proud history dating back to 1955 when it was run as the Cape of Good Hope Guineas
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