Pro­files in lead­er­ship

De­vel­op­ment Bank of South­ern Africa CEO Pa­trick Dlamini tells us how the bank is in­vest­ing in in­fra­struc­ture

Public Sector Manager - - Contents: -

Without sus­tain­able in­fra­struc­ture it is im­pos­si­ble to im­prove the qual­ity of life of South Africans and the peo­ple on the con­ti­nent. It is for this rea­son that work of the De­vel­op­ment Bank of South­ern Africa (DBSA) is crit­i­cal, ac­cord­ing to its CEO Pa­trick Dlamini.

“Better in­fra­struc­ture is a cru­cial tool to help al­le­vi­ate poverty.When we de­velop and in­vest in our in­fra­struc­ture we fa­cil­i­tate re­gional trade which in turn helps ad­dress poverty. By im­prov­ing our re­gional con­nec­tion and trade, we are en­abling job cre­ation for Africans.There­fore, it is im­por­tant that our in­fra­struc­ture be ef­fi­cient, well main­tained and that we achieve seam­less in­te­gra­tion be­tween the var­i­ous coun­tries on the con­ti­nent,” he said.

About the DBSA

As the lead­ing de­vel­op­ment fi­nan­cial in­sti­tu­tion in Africa, the DBSA pro­vides fi­nanc­ing, project prepa­ra­tion and im­ple­men­ta­tion sup­port for eco­nomic and so­cial in­fra­struc­ture in South Africa, the South­ern African De­vel­op­ment Com­mu­nity (SADC) and be­yond.

Its mis­sion is to im­prove peo­ple's lives, boost eco­nomic growth and pro­mote re­gional in­te­gra­tion through in­fra­struc­ture fi­nance and de­vel­op­ment.

At na­tional level the DBSA strives to im­prove the lives of all South Africans through its in­vest­ment in in­fra­struc­ture in keep­ing with the pri­or­i­ties and ob­jec­tives of the Na­tional De­vel­op­ment Plan (NDP) and the United Na­tions' Sus­tain­able De­vel­op­ment Goals.

The DBSA was es­tab­lished in 1983 to per­form a broad eco­nomic de­vel­op­ment func­tion within the home­land con­sti­tu­tional dis­pen­sa­tion of the time. It was re­con­sti-

tuted in 1997 into a de­vel­op­ment fi­nance in­sti­tu­tion.

The bank plays a cat­alytic role in de­liv­er­ing in­fra­struc­ture in the en­ergy, wa­ter, trans­port and in­for­ma­tion and com­mu­ni­ca­tions tech­nol­ogy sec­tors with a sec­ondary fo­cus on health and ed­u­ca­tion.

“We op­er­ate across the in­fra­struc­ture value chain of­fer­ing an in­te­grated suite of solutions in­clud­ing plan­ning, project prepa­ra­tion, fi­nanc­ing, project im­ple­men­ta­tion, and main­te­nance,” said Dlamini.

En­abling eco­nomic de­vel­op­ment

In­fra­struc­ture is a big en­abler of eco­nomic de­vel­op­ment. In its Oc­to­ber 2014 World Eco­nomic Out­look the In­ter­na­tional Mon­e­tary Fund found in an assess­ment of a sam­ple of de­vel­oped economies that an in­crease in in­vest­ment spend equiv­a­lent to one per­cent of gross do­mes­tic prod­uct (GDP) would on av­er­age lead to an in­crease in GDP of 0.4 per­cent in the same year of the in­vest­ment and up to 1.5 per­cent four years later.

“There­fore, it is es­sen­tial that we get it right to re­alise our dream of tak­ing peo­ple out of poverty in a man­ner that gives them pride and dig­nity.”

“Through in­fra­struc­ture projects we pro­vide em­ploy­ment to peo­ple who build the in­fra­struc­ture and we connect mu­nic­i­pal­i­ties and re­gions to fa­cil­i­tate job cre­ation,” said Dlamini.

He high­lighted that the DBSA is strate­gi­cally aligned with the NDP which sets out an in­te­grated strat­egy for ac­cel­er­at­ing growth, elim­i­nat­ing poverty and re­duc­ing in­equal­ity.

“We sub­scribe to the NDP po­si­tion that South Africa can re­alise th­ese goals by draw­ing on the en­er­gies of its peo­ple and grow­ing an in­clu­sive econ­omy, build­ing ca­pa­bil­i­ties, en­hanc­ing the ca­pac­ity of the State and pro­mot­ing lead­er­ship and part­ner­ships through­out so­ci­ety,” added Dlamini.

Pro­grammes ben­e­fit­ing South Africans

The DBSA has a num­ber of pro­grammes and ini­tia­tives that ben­e­fit South Africans.

The or­gan­i­sa­tion is a crit­i­cal com­po­nent of the na­tional in­fra­struc­ture sys­tem, con­tribut­ing to the roll-out of gov­ern­ment pro­grammes and in­creas­ing the per­for­mance of mu­nic­i­pal­i­ties lack­ing ca­pac­ity and ca­pa­bil­ity.

In the 2016/17 fi­nan­cial year, the DBSA dis­bursed

R839 mil­lion and R240 mil­lion to sec­ondary and un­der­re­sourced mu­nic­i­pal­i­ties, re­spec­tively.

“We also com­pleted 17 projects in sec­ondary and un­der-re­sourced mu­nic­i­pal­i­ties in the elec­tric­ity, wa­ter, san­i­ta­tion, roads, storm wa­ter and fleet man­age­ment sec­tors. Fur­ther­more, through im­ple­men­ta­tion sup­port, the bank in­di­rectly con­trib­uted to cre­at­ing over a 1 000 tem­po­rary job op­por­tu­ni­ties,” he said.

Through its In­fra­struc­ture De­liv­ery Divi­sion (IDD) the DBSA di­rectly con­trib­uted a to­tal value of in­fra­struc­ture de­liv­ered to the amount of R2.8 bil­lion, up from R2.6 bil­lion in 2016.

Through this part of the bank's op­er­a­tions more than

266 000 peo­ple gained ac­cess to im­proved health fa­cil­i­ties while over 4 000 learn­ers ben­e­fited from 12 schools as part of the Ac­cel­er­ated School In­fra­struc­ture De­liv­ery Ini­tia­tive.

“Fur­ther, in ex­e­cut­ing its man­date, the IDD has since 2013 ben­e­fited more than 2 000 Small, Medium and Mi­cro-sized En­ter­prises (SMMEs) across the coun­try,” said Dlamini.

In the last fi­nan­cial year 500 SMMEs ben­e­fited from con­struc­tion con­tracts to the value of R493 mil­lion which cre­ated over 9 000 jobs through projects com­pleted by the IDD.

Dlamini also said signed com­mit­ments to the value of R13.3 bil­lion during the 2016/17 fi­nan­cial year were ex­pected to bring changes to the lives of South Africans. More than 182 000 house­holds stood to ben­e­fit from elec­tri­fi­ca­tion projects and the up­grad­ing of sub­sta­tions.

At least 22 000 house­holds were ex­pected to ben­e­fit from bulk wa­ter pro­vi­sion and retic­u­la­tion projects. About 15 000 house­holds were ex­pected ben­e­fit from san­i­ta­tion projects in mu­nic­i­pal­i­ties around the coun­try.

Over 300 af­ford­able houses were com­pleted with 597 house­holds to ben­e­fit.

CEO of the De­vel­op­ment Bank of South­ern Africa Pa­trick Dlamini. Writer: No­luthando Motswai Pic­tures: Sup­plied

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