In a statement titled "holiday legends", the presidency said a journalist from The Star, a leading newspaper, had "misunderstood" a Zulu idiom during the 72-year-old Zuma's speech.
The newspaper reported that during a visit to a Durban township in his home province of KwaZulu-Natal yesterday, Zuma had said in Zulu "Angakayakhi indlu yokugugela... Laba ngisabathathile nje" (I do have wives but I'm yet to marry my last one).
The crowd, most of them elderly, laughed and cheered, The Star said.
Zuma, who on Sunday said he was in "perfect condition" after a stay in hospital in June, had earlier made a speech about the need to respect and tend for older people.
Before the denial was issued some South Africans had reacted to the rumour with support.
"Good for him and the wife to be," said radio presenter Sebenzile Nkambule on Twitter. "Why are people upset? It's THEIR culture. You don't like it, don't be polygamous."
The 246 million rand (USD 21 million, 17 million euro) refurbishments were paid for with public funds under the guise of "security upgrades".
"He can marry 10 wives .... But WE, the people, should not have to foot the bill," commented reader Matt Howard on The Star's website.
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