December 30, 2015
More than R278-million will be paid in prize money in Phumelela regions for the racing season 2015-16.
Stakes on the Highveld will increase to R148-million, in the Eastern Cape to R41.7-million and the Northern Cape to R16.2-million.
Phumelela manages racing and betting in the Western Cape on behalf of Kenilworth Racing and prize money there will increase to just over R72-million for the season (excluding The CTS Million Dollar Race).
These stake increases will be in effect from 1 January 2016. – Phumelela