Zuma’s Nkandla loan bank signs on mega church

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President Jacob Zuma (File, AP)
President Jacob Zuma (File, AP)

Johannesburg - VBS Mutual Bank, which shot to fame after giving President Jacob Zuma a loan for his Nkandla homestead, has inked a new deal with a cross-continental church as it eyes bigger business.

VBS has signed a deal with one of the country’s biggest churches, Twelve Apostle Church in Christ (TACC), to be their official banker. The church claims to have 6.8 million members.

READ: This is the bank helping Zuma to 'pay back the money'

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