JOIN OUR MAILING LIST
Archived Articles


2016-09-12
Jacob Zuma has paid back the money for Nkandla


Cape Town – 12 September 2016

The treasury has confirmed that President Jacob Zuma has paid back the R7.8 million,which was the cost determined by treasury for the non-security upgrades at his private homestead Nkandla.

There are reports that a bond was raised from VBS Mutual Bank.VBS is one of the few lenders that will provide bond finance for homes located on traditional tribal land.

Thousands of social media users commented on the saga under the hashtags: #nkandla,#paybackthemoney ,#zuma

and #paidbackthemoney.

By Wesley Fester

Read our News Feed 

Read Archived Articles

Subscribe to our Blog/Newsletter

Submit an article for publication

Popular Articles:

Roodepoort Pastor enages in illegal business and threats

Adrian Sissing and Business X Press

Pictures - Students march to Parliament for #MTBS2016 & #FeesMustFall

Students march to Parliament

Business X Press - criminal charges laid against unregistered business broker

Illegal business brokers are not entitled to earn commission

Adrian Sissing - illegal business broker threatens writer

Evangelist Visioner Adrian Sissing says he will “deal” with writer

Be wary of unregistered estate agents

The Democratic Alliance and its puppets

Is DA Ward 60 Councillor Mark Kleinscmidt the “action man” he claims to be?

Mark Kleinschmidt – DA councillor fails to deliver on election promises.

 

 

 


Back Back to top