R/€ = 14.15
R/$ = 10.32
Au 1230.27 $/oz
Pt 1359.50 $/oz
Nov 06, 2012
JSE-listed construction group Basil Read has appointed former Development Bank of Southern Africa CEO Paul Baloyi as nonexecutive director to its board, effective November 2. Baloyi has more than 26 years of banking experience, the company said, adding that his...
Aug 07, 2012
The Development Bank of Southern Africa (DBSA) has appointed Mo Shaik as the CEO of its soon-to-be-established Development Bank International (DBI) subsidiary. Shaik’s appointment, which was made within days of confirmation of Patrick Dlamini’s selection as the...
Jul 31, 2012
The Development Bank of Southern Africa’s (DBSA’s) board, which is chaired by Jabu Moleketi, has appointed Patrick Dlamini as the new CEO of the State-owned development finance institution. Dlamini, who has a background in the aviation sector, will replace...
Dec 01, 2010
JOHANNESBURG – JSE-listed explorer Chrometco announced on Wednesday that Paul Baloyi had resigned as independent nonexecutive chairperson and director of the company. Independent nonexecutive director Jonathan Scott will succeed Baloyi, Chrometco said.
Nov 19, 2010
State-owned power utility Eskom has described the R15-billion loan facility extended to it by the Development Bank of Southern Africa (DBSA) as another important step in closing its remaining funding gaps for a R550-billion-plus build programme to add some 12 300 MW...
Jun 24, 2010
South Africa's State-owned Development Bank of Southern Africa (DBSA), which is a key financier of municipal infrastructure, reported a 11,3% fall in loan and equity disbursements to R8,26-billion for the year to March 31, 2010, from the R9,31-billion disbursed in...
Jul 17, 2009
Development Bank of Southern Africa (DBSA) has estimated the country’s total funding gap for infrastructure projects at R150-billion over the year and CEO Paul Baloyi believes that up to half of that could be secured by “properly leveraging” SA’s development...
Jul 08, 2009
Aug 28, 2008
The Development Bank of Southern Africa (DBSA) reported a 66% rise in loan and equity disbursements to R6,16-billion for its 2007/8 financial year, but Finance Minister Trevor Manuel, who is also the bank's governor, called on it, as well as South Africa’s other...
Aug 18, 2008
AltX-listed diversified junior Chrometco on Monday announced that John Raubenheimer resigned as nonexecutive chairperson with effect from August 19 Paul Baloyi, currently a nonexecutive director at the company, was appointed as non-executive chairperson of the...
Apr 29, 2008
Property development company Matome Maponya Investments (MMI) and the Development Bank of Southern Africa (DBSA) on Tuesday handed over the keys to one of the first home-owners in Serala View in Polokwane. The new home is part of the first batch of 700 housing units...
Jan 18, 2008
The inability of African countries to borrow abroad in domestic currency - often dubbed the ‘original sin’ of development finance - has been, and remains, a key constraint to the creation of sustainable economic and social infrastructure on the continent.
Dec 06, 2007
Dec 06, 2007
The Development Bank of Southern Africa (DBSA) demonstrated its increasing role in infrastructure development as loans approved over the last six months totalled R6,4-billion, compared with R1,5-billion for the same period in 2006.
Sep 13, 2007
The Development Bank of Southern Africa (DBSA) and the Agence Francaise de Developpement (AFD) on Thursday signed a financial agreement to promote financing opportunities to accelerate Africa's infrastructure development over the next five years.
Sep 07, 2007
The CEO of the Development Bank of Southern Africa (DBSA), Paul Baloyi, went to some pains to stress last week that that the bank's figures for 2007 did not fully reflect the change in the risk-taking culture at the bank.