Moses Tembe, the new chair of Phumelela Gaming & Leisure, will be aware he is taking over a company in choppy waters but he has both the racing and business acumen to steer the ship into calmer ones.

Tembe is a former director and vice-chair of Gold Circle, which runs horse racing in KwaZulu-Natal. He has also held the position of president of the Durban Chamber of Commerce...

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