Nkandla Latest News
Former President Jacob Zuma will have to continue paying his home loan to the now defunct VBS bank, News24 reports. Zuma, VBS bank, Nkandla, homestead, politics, South Africa, Jacob Zuma, VBS, liquidation, president
VBS Mutual Bank co-founder MADAMBI MUVHULAWA⏩ has confirmed that former president Jacob Zuma is continuing to faithfully repay the R7.8 million loan he obtained from the bank.
R2 billion rand was set aside to make the dream of Jacob Zuma's Zumaville a reality but only R16 million can be accounted for in the IT centre that was built. The plan was to build a town on Nkandla's doorstep.
Former OR Tambo district municipality mayor, Zoleka Capa, allegedly gave former president about 50 cows meant to benefit emerging farmers, according to a Sunday Times report. Read more about it on Briefly.co.za.
Economic Freedom Fighters (EFF) leader Julius Malema wants the state to confiscate former president Jacob Zuma’s Nkandla home and transform the property into a technical and vocational education and training (TVET) college.
Jacob Zuma remains insistent of his innocence and says he is not afraid of being found guilty because there is nothing to find him guilty of. He also said that he will not be leaving the African National Congress.