DBSA praised for strong financial performance


Deputy Finance Minister David Masondo has lauded the Development Bank of Southern Africa (DBSA) for its strong financial performance for the 2024-25 financial year.

Addressing delegates at the DBSA’s financial results presentation in Sandton north of Johannesburg, Masondo says DBSA has played a critical role toward the enhancement of bankable pipeline projects and cross-border infrastructure projects.

Masondo revealed that the credit guarantee scheme is also under consideration to help support the rollout of public infrastructure projects.

“There are a number of jurisdictions that have crowded in the private sector capital into infrastructure using instruments like the credit guarantee scheme, and if it is successful we want to utilise it for other infrastructure projects. The technical team in National Treasury has advised me that by July 2026, this credit guarantee scheme will be operational.”

Earlier, the Development Bank of Southern Africa presented a strong set of financial results with recording earnings up by R5 billion for the year ending 31 March 2025.

Despite the depressed macroeconomic landscape characterised by lower global economic growth and geopolitical tensions, DBSA achieved a net profit increase of 14%.

DBSA’s CEO Boitumelo Mosako says the bank remains committed to its mandate of driving economic growth, and sustainable development through infrastructure support.