Nkandla matter has been put to rest, says ANCWL

The league also lauded President Jacob Zuma for using a black-owned bank to pay back the money.

FILE: President Jacob Zuma.Picture: GCIS

JOHANNESBURG - The ANC Women's League has lauded President Jacob Zuma for using a black-owned bank to repay the money used on non-security features at his Nkandla home.

The presidency confirmed yesterday that Zuma has obtained a loan from VBS Mutual Bank, one of the few financial institutions which offer loans in respect of land owned by traditional authorities.

The women's league says a decision by the president to use a wholly black-owned retail bank is humbling.

In a statement, the ANCWL says "…the ANCWL applauds the decision of the President to use wholly black-owned specialist corporate finance and retail bank which is registered with and regulated by the SARB."

Slamming critics, the league insists that the matter can now be put to rest.

"Whilst detractors claim to be the paragon of respect to the Constitution they have no political program except attacking President Zuma and will still be clinching on Nkandla matter. It is our conviction, as the ANCWL, that the matter has been laid to rest."

The organisation has also called on the president to resolve issues of land ownership, economic transformation and free education, before the end of his term in 2019.