Not taking a back seat, yet! Phindi Kema goes to Concourt
Nobody can argue that Phindi Kema is not a fighter! After the Competition Appeal Court dismissed her Africa Race Group’s appeal against the recent merger between Kenilworth Horseracing and Western Cape Racing, with costs on Friday 13 September, the feisty businesswoman has a new plan.
Labelling her a ‘controversial racehorse breeder’, the PE Herald has reported that Phindi Kema will not rest, and will approach the Constitutional Court.
She said her loss in court last week had made her even more determined to expose anti-competitive behaviour in the horse-racing industry.
The PE Herald reported that a fortnight ago the Competition Appeal Court (CAC) dismissed appeals filed by Kema, the African Race Group and SA Grooms Association against the Competition Tribunal’s approval of the merger between Gold Circle and Kenilworth Racing.
Kema said she would be taking the matter to the Constitutional Court.
“It is important to note that the CAC decision has nothing to do with the subject matter, which is the Competition Tribunal’s decision that has given Phumelela 90% of the horseracing market in South Africa. What concerns us is the effect of that decision, especially that the only two race operators in South Africa, Phumelela and Gold Circle, jointly manage important aspects of their businesses in three partnerships,” she said.
