As the Development Bank of South Africa, we are committed to addressing and developing under-resourced municipalities in South Africa and the neighbouring countries.
On October 23rd, Mr Bantu Holomisa posted an open letter on the UDM website making allegations of maladministration, mismanagement and possible deep-rooted corruption at the DBSA as well as of the victimisation of board members.
The DBSA appreciates that Mr. Bantu Holomisa, like all citizens of the Republic of South Africa, wields the right to query the operations of any state-owned entity.
The DBSA and the IDC announced today, that they have committed project development funding to Mitochondria Energy Company, a local South African business that was established with the purpose to provide affordable, reliable and sustainab
