According to Tania Broughton's article, Khulubuse Zuma has agreed to pay back the R1.4bn he owes; he made a down payment of R5m and agreed to pay off the balance at R500,000 a month (Khulubuse Zuma incommunicado over R1.4bn debt, May 12). That is either poor liquidating or poor reporting. By my calculation R1.4bn repaid at R500,000 a month would take 2,800 months or 233 years. Zuma is, in other words, expected to live for at least another 200 years. Do not expect to see him back in SA soon. Erik GobelVia e-mail
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.