Gold Circle Appoints New Chairperson
Dr Phumla Mnganga, is to take over the reins of Gold Circle, KwaZulu-Natal’s Racecourse and Betting Operator, following the retirement this week of sitting chairman, Mr Robert Mauvis.
Mr Mauvis, who has chaired the company since 2011, stood down at the company’s Annual General Meeting on Tuesday, December 8.
Dr Mnganga’s appointment, together with the other office bearers of Gold Circle, was confirmed at the company’s Directors Meeting today.
The Board thanked Mr Mauvis for his dedicated and enthusiastic leadership during the company’s transformation that included the separation of the KwaZulu-Natal and Western Cape Operations, the introduction of the Polytrack and upgraded public facilities at Greyville and the developments and improvements to facilities at the Summerveld and Ashburton training centres, while restoring Gold Circle’s relationships and strengthening its financial position considerably.
Mr Moses Tembe was re-elected Vice-Chairman with the other appointed directors being N P Butcher, J H S De Klerk, P V Lafferty, D Moses (CFO), S Naidoo, M J L Nairac (CEO), Mrs M Nhlanhla, L Nunan, G Petzer and Mrs L Rakharebe
Mr Neil Butcher & Mr Babu Nunan were re-elected Chairman and Vice Chairman of the Gold Circle Racing Club respectively.
