South Africa: President Jacob Zuma Does Have a Home Loan

press release

Photo: Flickr
President Jacob Zuma on his 70th birthday with his wives, from left is Bongi Ngema, Nompumelelo Ntuli, Thobeka Madiba and Sizakele Khumalo Zuma.

The Presidency has noted weekend newspaper reports implying that President Jacob Zuma may have misled the National Assembly when he said he had a mortgage bond on his residence in Nkandla.

We reaffirm that President Zuma does indeed have a bond on the residence with one of the national banks and he is still paying it off monthly.

We urge the media to respect the agencies that are investigating the various aspects of the security enhancements at the residence as speculations and rumour-mongering will not assist the process.

Issued by: The Presidency

Ads by Google

Copyright © 2012 South African Government. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.

InFocus

Did Zuma Mislead South Africans About Home Loan?

President Jacob Zuma on his 70th birthday with his wives, from left is Bongi Ngema, Nompumelelo Ntuli, Thobeka Madiba and Sizakele Khumalo Zuma.

The government says that President Jacob Zuma does have a bond and is still paying it, following reports that the president may have misled parliament about a mortgage bond on his ... Read more »