Thursday, September 25, 2014

What Nkandla’s R246m security upgrades could have bought

With the cost for security upgrades running well over R250 million, President Jacob Zuma's Nkandla homestead is easily one of the most expensive homes in the country - but compared to some other properties of similar value, he may have gotten a raw deal.

With the cost of security upgrades alone running well over R250 million, President Jacob Zuma’s Nkandla homestead is easily one of the most expensive homes in the country. But compared to some other properties of similar value, he may have gotten a raw deal.

For R250 million (approximately $22.5 million), one could find amazing homes in some of the world’s most beautiful and sought-after regions.

From a villa in Phuket in Thailand to a Rhineland castle in Germany, or even a modest Spanish palace, these are some of the most opulent homes you can buy with same amount spent on the President’s Nkandla security upgrades.

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