News24

No bond on Zuma's Nkandla

2012-11-18 10:28

Pietermaritzburg - There is no bond registered against President Jacob Zuma's Nkandla home, it was reported on Sunday.

The land on which Zuma's home stands was owned by the Ingonyama Trust, headed by King Goodwill Zwelithini, which managed 32% of all land in KwaZulu-Natal on behalf of the state for the benefit of its occupants, City Press reported.

On Thursday Zuma told Parliament: "I took the decision to expand my home and I built my home with more rondavels, more than once. And I fenced my home. And I engaged the bank and I'm still paying a bond on my first phase of my home."

The newspaper said it had been unable to locate public records to support Zuma's claim that the Nkandla property was bonded.

The deed document for the property showed that the Ingonyama Trust was the owner.

Belinda Benson, Ingonyama Trust's property manager, confirmed to City Press that the deeds office records, uncovered by the newspaper, were for Zuma's homestead.

She said as far as she was aware no bond had been registered against the property.

"Over that particular portion, as it stands right now, there is no bond," Benson told the newspaper.

"Whether it hasn't been registered yet or if it's still in the process [of being registered] or whether the president has elected to bond a different property, we don't know."

According to Benson the trust had to get involved whenever a bond was registered against a property owned by it by providing documentation to conveyancers and banks.

Comments
  • annelise.vanderschyff - 2012-11-18 10:32

    Bond is held by tax payers!!!!!

      mandlapm69 - 2012-11-18 10:37

      In other words, SARS is the bond holder.

      mandlapm69 - 2012-11-18 10:38

      The bond owner is SARS, and we are paying the installments.

      wesley.nel.5 - 2012-11-18 10:39

      Yes if he had to pay the bond like ordinary citizens, he must pay about R1.7m per month over 20 year.

      punungwe - 2012-11-18 10:45

      Things are moving to fast for me here. Please help my simple mind understand this. Does this mean that Zuma lied? I thought reports quoted him as saying 'I am still paying for the bond'

      goeie.jaarling - 2012-11-18 10:45

      The bond is actually held by the poor Africans that are living in their shacks without food and hope. The tax money was meant for them to alleviate their poverty....but the poor in this country is earning my respect more and more every day, they keep on voting and supporting the evil, corrupt ANC so who am I to go against the will of the majority? From today onwards I will not hand one single cent to a begging black person, it is time to mop up the shallow end of the gene pool.

      mc.segal.5 - 2012-11-18 10:46

      In more other words..... Somebody has lied Who could that be???Hah?

      omge.klits - 2012-11-18 10:50

      Heres my question If Zuma defaults - who will become the owner of the state paid improvements on the property - cant be the bank - the land still belongs to the Ingonyama - cant be the state - they never had the land in the first place. Is the Bank in on the corruption - are they lending out our savings without security ??

      debduplessis - 2012-11-18 10:56

      @punungwe: ZUMA LIED BIG TIME to us ALL! and yes he lied to you too!

      NickvanGraan - 2012-11-18 11:23

      Another day, another lie from our head of state.

      Desilusionada - 2012-11-18 11:33

      Watch my Lips I did not bond with that Property........

      eloise.botha - 2012-11-18 11:39

      Binnekort gaan ons hoor hy het dit cash gedoen.... Is dan Seker maar al die miljoene wat met die wapentransaksie gesteel is of hoe?.... Wonder maar net

      daniel.jacobs.3766 - 2012-11-18 11:40

      A terrible president, and an even worse con-man!!!

      thabiso.j.mohlominyane - 2012-11-18 12:28

      ''Die man kan eintlik nie sy vinger uittrek nie...sy vinger is dip in'' he can't even realize where he can speak his lies. Disgusting Pres. With no integrity and moral.I am an ANC member but i dnt knw we cn remove this davil with an immediate effect

      marilyn.docherty.9 - 2012-11-18 12:45

      In other words Zuma has lied to the whole country! He must really be stupid to think he could get away with it!

      WysJouMys - 2012-11-18 13:04

      Ag siestog, arme rikus voel skuldig...

      faizieishlah.shabalala - 2012-11-18 13:21

      His Bond Number is Southafrica, held as DBSA

      bless.boswell - 2012-11-18 13:27

      @alicia: he doesn't know any better. You don't learn much from goats ...

      chris.holloway.5 - 2012-11-18 13:41

      Does this egghead have no integrity? Dumb question.

      alf.pop - 2012-11-18 15:21

      So the tax payer is footing the bill. I do not want any part in this lot - how do I go about getting my portion of the money back, that went into Nkandla? Zipper, last time you have told the truth about anything must have been back in 1910!

      Rudolf - 2012-11-18 17:17

      So zoomer can stand up in parliament and LIE to the population of south africa - OUTRIGHT and to our faces, and he gets away with it!!?!? Sometimes I shake my head in wonder. Other times I just shake my head.....

      rbphiri - 2012-11-18 17:36

      In the News: There is no bond registered against President Jacob Zuma's Nkandla home. When questioned about the allegations, president Jacob Zuma responded by saying that MR Bond is only coming to Nklanda next week, after shooting his new action thriller; Sky Fall.

      goeie.jaarling - 2012-11-18 18:17

      Rikus, before I bow before your superior math skills please explain the following with regards to your calculation: You stated "if 80% of voters are black, yet the ANC got less than 62% votes at the previous election, what is the absolute minimum percentage of "black" people that did NOT vote for the ANC? YOUR ANSWER: Well, its 80% - 62% = 18%." 80% of POTENTIAL voters are black and 62% of ACTUAL voters voted for the ANC and that according to you means that at least 18% of black people didn't vote for the ANC without any mention of the actual voting percentages of the black and white groups. Are you intellectually slow to make such an assumption or was it just a joke? Please explain....

      KennySven - 2012-11-18 19:21

      LET THE HAWKS INVESTIGATE,IF HE LIED HE MUST GO TO JAIL

      frederik.vanas - 2012-11-18 20:25

      herd boy is just lying like always....nothing new.....

      frederik.vanas - 2012-11-18 21:19

      you are all wrong....the bond Zoompie has is with the Gupta&shaik bank of south africa limited.

      frederik.vanas - 2012-11-18 22:29

      rikus.zietsman1967 - we all know you are trying to be political correct.....but racial integration lead to slower development mate....SA is prime example....And to say racists have a low Iq...just look at DR verwoerds intelligence, so much for your stupid new study mate...

      heathway.master - 2012-11-19 02:06

      Zuma has now got himself into a very serious situation. The DA or the public should insist on a full forensic audit on the Nkandla debacle. If it turns out that Zuma has lied to the Nation, legally he is liable to immediate impeachment. This is the common law of the world. He would them lose his Government pension and other related perks of an ex-President. If he is called to repeat his claims in a court of Law, he will then be guilty of Perjury, a criminal offence. I doubt whether Zuma will be oily enough to squeeze out of the deep trouble he has landed himself in by blatantly lying to the Nation. I will watch further developments with great interest.

      pierre.pretorius.370 - 2012-11-19 16:47

      Is there really no one in this entire country that can do anything to stop this blatant criminal?

  • debduplessis - 2012-11-18 10:32

    Ha ha ha .... we all suspected as much! Hells bells the lengths this &%%&^% will go to LIE to us all!!!!!! I am for the Opposition Parties "Vote of No Confidence" ..... we all will be better off without this EVIL "ruling" us!

      Ponkie Diel - 2012-11-18 10:39

      His entire existence is one BIG Lie, it is such a big lie even he himself is starting to believe in the lie. Pity the masses who still believe with him come the next election

      henry.kruger.520 - 2012-11-18 11:03

      I hate that word ruling us. WTF. I am not ruled by anybody. The government is just there to govern, not rule. Sick of paying taxes as all that happens with it is 'Ruling Party" pays off for vote by unsuspecting. Milk me dry, it doesn't matter?

      squeegee.pilot - 2012-11-18 11:33

      Lier, lier, pants on fire ... Turn on the showerhead Zipper your spear is about to be consumed...

      ponkie.diel.9 - 2012-11-18 19:32

      @henry, He cannot even rule his own zipper, never mind a country

  • altus.kirsten - 2012-11-18 10:34

    Give Zuma enough rope and eventually he will hang himself!

      debduplessis - 2012-11-18 10:38

      He is not that bright.. he will need training on what to do with it!

      Sharon - 2012-11-18 11:20

      I agree - exactly like Malema. But will anyone have the balls to prosecute?

      squeegee.pilot - 2012-11-18 11:33

      Give him enough rope and he will hang everyone near him...

      christo.stone - 2012-11-18 11:48

      I wish he would hang himself..

      ismaeel.majiet.96 - 2012-11-18 15:25

      Hang himself? His flippin hanging us in the interim

  • Jacques - 2012-11-18 10:34

    The plot thickens...

      frank.cornelissen.1 - 2012-11-18 10:38

      More like the thick plot(ens)!!

      Jacques - 2012-11-18 11:03

      Fummy as hell, haha! Loving some of the comments on here already! If only the subject matter was a laughing matter...

      art5SA - 2012-11-18 11:17

      Plot sickens..... Hahaha!

      Desilusionada - 2012-11-18 11:32

      Slick Plotters...

      joe.smit.549 - 2012-11-18 12:20

      Dick spotted (The Spear)

  • gnoise.prod - 2012-11-18 10:35

    our president is not trustworthy!

      maria.roth.589 - 2012-11-18 11:24

      Now you notice Lol

      chris.holloway.5 - 2012-11-18 13:43

      speak for yourself... he is nothing of mine.

      clive.kihn - 2012-11-19 09:03

      The editor (black) of a financial journal put it best when he wrote that a man who should be in jail is our president, and making a right mess of it too.

  • JanGrimbeek - 2012-11-18 10:35

    Bond..... James Bond.....

      colin.dovey - 2012-11-18 10:56

      "Shaik-en".......not in "stir" yet?

      asdhasgd - 2012-11-18 11:32

      Rupt...Cor Rupt.

      Desilusionada - 2012-11-18 11:35

      From the Tax Payer, not With Love.....

      squeegee.pilot - 2012-11-18 11:36

      Bond... no bond... licensed to steal. 007=IQ.

      art5SA - 2012-11-18 14:00

      LIAR... BIG FECKEN LIAR!

      rontheogre - 2012-11-18 14:41

      Zuma........Zumababa and the forty thieves.

  • charliekeegan2 - 2012-11-18 10:36

    Come now President Zuma, stop hiding behind autocracy, nepotism, money laundering and pathetic lies - we're not stupid. Get behind bars where you belong. This only TOUCHES the surface of showerhead's selfish, vulgar and backward ways. Voetsek.

      debduplessis - 2012-11-18 10:39

      Yes... now I wondering what else is to follow! I have a feeling this is all the polite stuff first!

      maria.roth.589 - 2012-11-18 11:27

      Skattie he has served his purpose now he will be cast off and the next puppets will be shown in while the corrupt puppet masters continue pulling the strings.

  • debduplessis - 2012-11-18 10:36

    No wonder Zwelithini wanted a further R20 million from us!!! To hell with them all! - how many of Zuma's family members are Trustees & beneficiaries of this trust????

      Sharon - 2012-11-18 11:22

      Probably all of them..........

      juan.prinsloo.750 - 2012-11-18 13:46

      We are all victims of a Zulu dick-tatorship it would so appear

      erich.goosen - 2012-11-18 13:59

      Have you guys checked the Zama-Zuma 24 Hours Cash Loan Bank?

  • Tshephangsithole - 2012-11-18 10:36

    Corrupt leader and yet the so called masses are still voting for him, they can talk and protect him as much but at the end he is the one benefiting.\r\nI vote for no confidence aswell --- ( X )

      morris.khunou - 2012-11-19 14:18

      Atleast you know, if it was madam Zille you will not know a thing, corruption is their product. They know how to be descritive and protect one another!

      christopher.collings.9 - 2012-11-19 20:15

      descritive wtf is that? morris ur a clown shut up

  • steve.gibson.146612 - 2012-11-18 10:36

    A very good friend of mine in Kenya(black) said to me in 1994. "They rule by confusion" I did not exactly understand at the time, but I fully understand now. I am totally confused as to who is lying and to what extent and in fact if anyone is telling the truth and has ever told the truth?????

      maria.roth.589 - 2012-11-18 11:29

      Just follow the money. For ANC read liar.

  • gerrie.pretorius1 - 2012-11-18 10:37

    guess who is a LIAR ......?!

      jeremy.forbes.1293 - 2012-11-18 16:40

      An unashamed liar at that who can't even get his story straight, his not clever enough to know that bonds are registered against properties and that they this is publically available information. Or perhaps someone told him what to say, a more likely explanation. Everyday he heaps shame upon our nation. Who will rid us of this immoral specimen.

  • ivan.ferreira - 2012-11-18 10:38

    surely he is not that dumb....er...no wait....he probably is.

  • jannie.devos.56 - 2012-11-18 10:38

    Eish! It's tough at the top, hey Mr Pres..?

  • neilpretorius83 - 2012-11-18 10:39

    What a bungling boob of a president!

      rontheogre - 2012-11-18 14:43

      See what happens if he deviates from his script!

  • JanGrimbeek - 2012-11-18 10:39

    You peolple don't understand, it was taken out of context again. He actually meant Lobola, and it was indeed in another property, and the bond is not regixtered in South Africa, it is in China at HSBC.

  • omrisho.za - 2012-11-18 10:40

    you demand respect but lie like a cheap watch - please man

      maria.roth.589 - 2012-11-18 11:33

      They all do. Now we will be told but they knew it all along. They are manipulating you so that you can back all their shenanigans and still vote for them.

      malcolm.james.macleod - 2012-11-19 09:11

      Even a broken watch is right twice a day, which is twice more than Zuma...

  • ryan.a.smith.3958 - 2012-11-18 10:41

    so he lied again

  • mike.arc.144 - 2012-11-18 10:41

    Zuma your the universal face of corruption !

  • wanda.mazwati - 2012-11-18 10:41

    leave. Zuma alone

      mike.arc.144 - 2012-11-18 10:49

      @ wanda.mazwati , TSamaya wena !

      JanGrimbeek - 2012-11-18 10:53

      I for one, will not go close to him, will leave him alone just as you ask wanda, very alone, alone and lonely and lonesome locked up in his own private cell.

      Maverick82 - 2012-11-18 11:05

      As soon as he leaves my tax money alone and stops using it to improve his private home and life style, then I will leave him alone.

      alwyn.vantonder - 2012-11-18 11:09

      @ Wanda.. YOU probably don't pay tax, that's why you don't want people to proclaim what a HUGE idiot the president is! And YOU probably live on a monthly income that the hardworking taxpayers give you through grants.. So, lapa side!

      maria.roth.589 - 2012-11-18 11:38

      Everybody is going to leave him alone now. We will have to smell out the new corruption. He will be alone with his wives and his children and not enough money to pay for his lifestyle.

      kimard - 2012-11-18 13:06

      nah he must leave south africans alone - go away evil, wyk satan! :))

      BulletProof. - 2012-11-18 14:04

      Seem's they should investigate you for corruption as well, looks like you are part of the club.

      johan.maree.5036 - 2012-11-18 14:23

      lol, leave britney (er uhm... zuma) alone... hehe

      rontheogre - 2012-11-18 14:45

      He..does...not...want...to...leave...our(yours too)...money...alone!!

      jeremy.forbes.1293 - 2012-11-18 16:44

      What for? This man will sadly steal the bread out of your children's mouths. Meaning, his corruption and that of his cronies will impoverish us all and the suffering of the poor will at least double.

      ian.boyd.7503 - 2012-11-18 20:22

      No.

      malcolm.james.macleod - 2012-11-19 09:11

      Or else? Is he going to cry? Are you going to cry? Why should we?

      christopher.collings.9 - 2012-11-19 20:17

      http://www.facebook.com/photo.php?fbid=126999367432363&set=pb.100003669019820.-2207520000.1353349026&type=3&theater the face of an idiot

  • tony.naidoo - 2012-11-18 10:42

    The only people in BONDAGE are the South African taxpayers!

  • nhlamulo.lesley - 2012-11-18 10:43

    So ur president is nt only clueless but a liar as well

      ndlovucl - 2012-11-19 09:15

      Yes, and a big one - "i take exeption to this..." ha ha ha!

  • lee.brand.73 - 2012-11-18 10:43

    Ha ha. He lies to his people with tears of idignation running down his face.....\r\n\r\nThis is really a top quality pres. Best the Anc could do at the time? They are not very big on quality are they. The cancer is starting to come to the surface..

  • roiy.simon - 2012-11-18 10:43

    Myb he meant Bond solution(super glue).....

      colin.dovey - 2012-11-18 13:06

      Vaseline maybe?

  • thabojames.mohanoe - 2012-11-18 10:43

    eish dis the worst presidant ever to exist,lier,corrupt,womaniser etc. n yet they want us to respect him. u earn respect nt demand it. Step down Mr Z.

  • punungwe - 2012-11-18 10:45

    Things are moving to fast for me here. Please help my simple mind understand this. Does this mean that Zuma lied? I thought reports quoted him as saying 'I am still paying for the bond'

      michael.taylorw - 2012-11-18 10:49

      Yes, he lied. He is a liar. He has been lying to South Africa for years now. Stealing, and lying.

      JanGrimbeek - 2012-11-18 10:49

      don't worry you are not behind, just slow to catch up, but you are there now. Yes he lied again with tears running on his cheeks LOL !!

      asdhasgd - 2012-11-18 11:35

      punungwe it doesn't take a genius to work out that there was never any "bond" to begin with!! we all know he's using tax money to fund his palace!!

  • Shepherd Kgakala - 2012-11-18 10:45

    yet he demand to be respected.

      asdhasgd - 2012-11-18 11:36

      i respect the dead more than this living oxygen theif. eitherway, i still wont respect him when he's not breathing :) not in this lifetime or the next.

  • herman.kramer.988 - 2012-11-18 10:46

    So when can I use my Time Share week?

      herman.kramer.988 - 2012-11-18 15:21

      Only to tell him he is a clueless idiot!

  • Simon Maabe - 2012-11-18 10:48

    This is pure disgust.

  • piet.motsoeneng - 2012-11-18 10:49

    If you ask me if I am suprised I would tell you, hell no, I told you two days ago that the man is lying through his teeth. Unfortunately thperson who wrote the response for him forgot to tell him that all bonds against properties are registered at Deeds Office wich is accessible to anyone. Now what needs to be done to a person who lies to the Parliament? If I were you Mr President I would do the hounorable thing and resign because troubles are not raining are pouring. Wake Up!

  • tiaan.truter - 2012-11-18 10:49

    Hahahaha he is sooooooo ****** Zuma is busy digging hes own grave

  • mxeki.maduvula - 2012-11-18 10:50

    Our president who art in Nkandla!\r\nHallowed be thy home.

      jon.jones.90663894 - 2012-11-19 03:34

      Actually Mxeki it should be 'Hallowed be OUR home' -- you paid for it. And me.And everyone else

  • samke.khawula - 2012-11-18 10:50

    We seem to forget one of his baby mommas holds a high position at ABSA they probably gonna arrange some document for~ยป R1.7mil per month for 20 yrs.

  • mariuskowie - 2012-11-18 10:52

    This is getting really interesting. I would like to see the presidency's response. Did Zuma tell lies to the nation or is there some misunderstanding somewhere?

      paul.chick.501 - 2012-11-18 11:09

      Yes just like President Clinton said..."I did not have sexual relations with that woman"

  • abner.malema - 2012-11-18 10:53

    Zuma please do the right thing resign u would have done the ANC and the country good. We don't want people not voting or voting for colonial parties and my majority taken back to the old dark days

      omrisho.za - 2012-11-18 10:58

      abner, i am sure all south africans would not allow that to happen (old dark days) but the "new dark days" must now also stop - c'mon guys, you can do better than this

      mike.arc.144 - 2012-11-18 14:17

      @ abner.malema . it is so unfortunate that your are a ignorant fool !

  • rayno.grever - 2012-11-18 10:54

    The name's Bond... No Bond

      klipkop.degroote - 2012-11-19 10:22

      Mine is Gatvol. Lekker Gatvol.

  • nicrsa - 2012-11-18 10:54

    caught lying again

  • mano.fenyane - 2012-11-18 10:56

    so if that is really true den it shows lack of integrity, am jst asking myself if we will ever going to believe any word coming from president Zuma, i mean if really der is no that bond thing. aowa jerrr maybe if Malema was still da president even if i cannot point one thing dat ancyl has done except attacking the motherboard on national tv. can someone tell me what is the role of sacp except gathering membership for anc. cosatu,da and cope infact i mean Zweli?Mosioa and Lindiwe big up guys

  • Gogs Lombard - 2012-11-18 10:56

    Amazing how stupid Shower Head thinks the average South African must be. Does he not realise that everything he says is verified? I'm waiting in anticipation to see what racist spin Mac Maharaj will put on this one. And Mac besides learning from JZ how to hide and lie, aren't you tired of continually having to cover-up his obvious short-comings?

      debduplessis - 2012-11-18 11:01

      He didnt realise most of us have more than a Std 3/Grade 5

      maria.roth.589 - 2012-11-18 11:49

      Amazingly even you are being manipulated. This wholesale Zuma bashing is just what the puppet masters ordered. Now that Nkatha has bitten the political dust they have no further use for a corrupt. venal 100% Zulu boy now they have to save the party to save their corrupt hides.

      mike.clery - 2012-11-18 12:58

      @maria.roth.589 - the anger's all being carefully channeled towards Zuma. (He never claimed to be anything other than the "face" of the ANC NEC, in fact promised NOT to do what Mbeki did, and refer all decisions to the party.) What the press SHOULD be doing is identifying all those background hangers-on that put Zuma in the presidency, to make sure THEY get exposed for what they are. Malema at least had the integrity to admit his support for Zuma was a huge mistake - probably more for himself than anyone else!

      Zahir - 2012-11-18 13:14

      The average south african an anc voter with a mental ability of a door knob jz appeals to that group not educated persons

  • toni.leferinksiljeur - 2012-11-18 10:59

    lies, lies and more lies

  • andrew.mackie.90 - 2012-11-18 11:00

    Generally as the saying goes "My Word is my BOND" but I am not sure that this applies to JZ.

      JanGrimbeek - 2012-11-18 11:09

      LOL, it does apply to him, no bond = no word (of honour)

  • sam.brink.92 - 2012-11-18 11:01

    Why does President Zuma lie to us all the time?

      asdhasgd - 2012-11-18 13:10

      Because he's a facist, corrupt, morally bankgrupt, dictating, racist, 2 faced back stapping rapist who only cares about himself. THATS why.

  • Fox Trixter - 2012-11-18 11:05

    This story was made up by news24 to keep gossip mongoers commenting. property laws are complex thats why the DA is not running to the papers yet,! if Zuma is lying, then he can be charged for misleading parliament! Law is not cut & paste!

      Carlton - 2012-11-18 11:07

      Believe cause it's true...

      JanGrimbeek - 2012-11-18 11:11

      Google first before accusing News 24 = http://www.timeslive.co.za/local/2012/11/18/no-bond-on-zuma-s-nkandla-home

      asdhasgd - 2012-11-18 13:11

      There we are people. CLASSIC, classic example ANC education and an ANC fool who beleives his own SH*t!! bro do you get up in the morning and think that EVERYONE else is wrong against the ANC and that the organisation is doing good? If so then you need a reality adjustment.

      clive.kihn - 2012-11-19 08:59

      Didn't the report originate with City Press?

  • douglas.barnes2 - 2012-11-18 11:07

    what a president you got! lol

      Bradley Craig Naidoo - 2012-11-18 11:12

      thanks doug... he's all yours if you want...

  • dreyerc - 2012-11-18 11:08

    Please explain how is it possible for any individual with so many dependants that just a few years own money to his best friend now has five homes and then this massive expansion of Nkandla?

  • diegofrank.faul - 2012-11-18 11:08

    you can apply for the building bond meaning the bank gives you the loan to extended you house.

      JanGrimbeek - 2012-11-18 11:17

      Any bond should be registered with the Registrar. If it is not and it is only at a bank, then its called a loan.

  • Simon Maabe - 2012-11-18 11:08

    We're living in the era where Black politicians are claiming bigger pieces of the cake completely ignoring there's only one cake to be shared. Don't be surprised when we Black professionals we will be seeking opportunities outside borders to safe guard our children against a common African syndrome.

  • Simon Maabe - 2012-11-18 11:10

    Unfortunately that's ur president as well. Ur children will also pay tax for the maintenance of that house.

      kobus.swart.75 - 2012-11-18 11:18

      Ha Ha, simon, they already are ... but it's okay, they must enjoy while it lasts.

  • alexcon85 - 2012-11-18 11:11

    Desmond Tutu says it best! and that day has arrived! http://www.youtube.com/watch?v=hbna9i30yF0

  • sibonelo.nyathikazi - 2012-11-18 11:11

    Pathological liar!!!!

  • deaniris - 2012-11-18 11:13

    How does someone that "supposedly earns+/- R216 000-00 pm" afford the repayments of a bond that size. Once again he is showing that he thinks everybody has the same limited inteligence and schooling as what he has. I think he should refer to his team of over paid advisors to draw him pictures of how a bond works. Ouch! Can't be easy to say you are the leader of a country but you don't have a clue what you are talking about, wetherit be nuclear, bonds or sewerage to him it is all the same.