S.A president paid on money spent on his private home

South Africa president Jacob Zuma taken a home loan to fix out the money spent on non-security upgrades to his private home. Zuma has taken loan on standard terms from private black owned VBS Mutual Bank to repay 7.8 million rand (£405,380).

The amount paid was determined by Treasury after Zuma ordered by the court in March to return some of the US$ 16 million which spent on enhancing his residence at KwaZulu Natal.