nkhandla

Zuma loan bank probed

The bank that came to the rescue of President Jacob Zuma – by granting him a loan to repay his R7.8 million Nkandla debt – now faces a possible probe from the Financial Services Board relating to a R136 million loan it is said to have given to a company in which[…]

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Five reasons why the ConCourt’s ruling is important

As the Constitutional Court rules on the Nkandla matter on Thursday, South Africans will wait with bated breath to see what ramifications the judgment will have on President Jacob Zuma’s political career. The case relates to non-security upgrades – paid for by the taxpayer – to Zuma’s Nkandla homestead in[…]

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Thursday: Zuma’s moment of truth on Nkandla

The Constitutional Court will hand down its ruling on President Jacob Zuma’s failure to pay up for personal benefits gained from the construction at his Nkandla homestead on Thursday morning. Zuma was taken to the court after he refused to pay, but he back-tracked once there and said he would[…]

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