Bernard Kantor has reportedly resigned as Chairman of the board of Phumelela Gaming & Leisure Limited.
The Sporting Post has learnt from reliable sources that Kantor will be replaced by Moses Tembe, who joined the Phumelela Board in November 2018 as Lead Independent Director.
Tembe was previously a Director and Vice Chairman of Gold Circle and a Director of the Gold Circle Racing Club.
Kantor, who has been a non-executive director since Phumelela was founded, took over from Peter Malungani in December 2017.
He said at the time of his appointment that there had many rumours about the future of racing which is understandable in times of uncertainty.
“What is certain is that the board and management of Phumelela are confident about the future of racing and betting in South Africa and we look forward to meeting the opportunities and challenges of 2018 and beyond.”
Twenty two months later, the news of his departure comes in troubled times.