DBSA warns of governance challenges in SA as disbursements fall by a quarter
The Development Bank of Southern Africa earned 17% more in interest in the year to end-March as disbursements drop 26% to R9bn
27 September 2019 - 10:12
The Development Bank of Southern Africa (DBSA), which is tasked with delivering developmental infrastructure on the continent, flagged governance risks as the reasons for lower disbursements in its year to end-March.
Disbursements fell 26% to R9bn during the period, while net interest income rose 17% to R4.49bn. Net profit rose 9% to R3.09bn...
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