Development Bank of Southern Africa
| Development Bank of Southern Africa | |
|---|---|
| legal form | State company |
| founding | June 30, 1983 |
| Seat |
 Midrand , South Africa
|
| management | Patrick Dlamini ( CEO ) [1] |
| Branch | Economic and infrastructure promotion |
| Website | www.dbsa.org |
The Development Bank of Southern Africa ( DBSA ; German Development Bank for Southern Africa ) is a South African bank that finances socio-economic projects to improve the infrastructure in southern Africa . The aim of the development bank is to improve living conditions in the region. Its headquarters are in Midrand , which is now part of Johannesburg . The bank received its current legal basis with the Development Bank of Southern Africa Act , DBSA Act for short , ( Act No. 13/1997 ) and the Public Finance Management Act ( Act No. 1/1999 ).
The bank was founded in Cape Town on June 30, 1983 as a financial instrument of apartheid policy in order to regulate the relations of the Republic of South Africa with the Bantu states Transkei , Ciskei , Bophuthatswana and Venda in accordance with the political doctrine of the time. It emerged from the structures of the Corporation for Economic Development Limited (CED) that were still in existence at that time . It was a state economic development company that was gradually reduced in size in the previous years. Their business model was originally based on the commercial exploitation concepts for the homelands from the Ministry of Minister of Bantu Administration and Development, and Bantu Education .
Their first commercial relations branch opened as a temporary facility on September 1, 1983 in Hatfield . In early 1984 the bank moved to Sandton and continued operations in the new premises from February 1st. Its chairman and CEO at that time was Simon Brand . The main client was the South African Ministry of Foreign Affairs, which the bank used as a steering instrument for homeland development. In October of the same year the bank carried out 234 projects with a financial volume of 1.41 billion rand . Typical activities were lending, technical assistance for project management and the provision of guarantee programs.
The DBSA plays a major role in financing the Peace Parks in southern Africa, which are to be planned and built across national borders.
DBSA periodicals
- Information Manual (English, translations in Afrikaans , isiZulu , Sesotho , Tswana )
- Development Southern Africa . Journal of the Development Bank of Southern Africa (English), ISSN 0376-835X (print), ISSN 1470-3637 (online)
Web links
- Official website of the Bank (English)
- Strategy of the Development Bank of Southern Africa (English)
Individual evidence
- ↑ a b DBSA Information Manual 2012. on www.dbsa.org ( page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice. (PDF; 810 kB)
- ^ SAIRR : Survey of Race Relations in South Africa 1983 . Johannesburg 1984, pp. 369-371
- ↑ SAIRR: Survey 1984 . Johannesburg 1985, pp. 561-562
- ^ DBSA: The Evolution of the Developement Bank of Southern Africa. 2010. Online edition, pp. 79, 86 ( Memento of the original dated February 22, 2013 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Entry in the online catalog of the National Library of Australia ( page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.
