DBSA records R7.8 billion profit for 2026 financial year
CEO Boitumelo Mosako says the DBSA remains committed to working with municipalities.
The Development Bank of Southern Africa (DBSA) has reported a significant profit of R7.8 billion for the 2026 financial year, despite a challenging macroeconomic environment marked by geopolitical tensions in the Middle East. CEO Boitumelo Mosako emphasized the bank's commitment to supporting municipalities through both financial and technical assistance, highlighting ongoing initiatives in partnership with eight district municipalities.
These efforts include a comprehensive diagnostic of district infrastructure and the identification of capacity gaps to facilitate development.
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