DBSA 2025/26 financial results – R7.8 billion net profit and a clear 10-year plan
The Development Bank of Southern Africa (DBSA) has released its 2025/26 financial year results, highlighting stellar growth across the board, including a 47% increase in net profit.
These results were released at an event at the Inanda Club in Sandton and included three documents: the Sustainability Review 2026, Annual Financial Statements 2026, and Integrated Annual Report 2026.
The event was also attended by the DBSA’s top leadership, including Boitumelo Mosako, DBSA CEO; Zodwa Mbele, DBSA CFO; and David Makhura, DBSA Chairperson.
“The African region is the fastest-growing region after Asia globally, with East Africa in the lead, then West Africa, and then Southern Africa,” said Mosako.
“In South Africa, our growth is subdued. However, this is an indication of opportunity.”
We outline the key results from the DBSA’s 2026 financial reports below.
Primary results
Zodwa Mbele, DBSA CFO, unpacks the financial results of the reports.
The DBSA reported a net profit for the year ended 31 March 2026 of R7.8 billion, a 47% increase from R5.3 billion in the prior year.
This was chiefly thanks to a 5.6% increase in net interest income, combined with a 21.7% increase in operating income and 7.8% increase in the bank’s asset base.
Along with this, the bank reported massive increases in its developmental impact over the last five years, including:
- 100 infrastructure master plans completed
- R19 billion total disbursements to metros/M2/M3
- R152 million capacity-building grants disbursed
- R13.7 billion infrastructure unlocked in under-resourced municipalities
Additionally, the DBSA reported considerable results from its social initiatives, such as:
- 27 new schools built
- 34,196 learners benefited
- 165 start-ups supported
- 19,963 jobs facilitated in South Africa
Strong foundation and decadal strategy outcomes
David Makhura, DBSA Chairperson, discusses the organisation’s infrastructure goals.
The DBSA’s impressive results for the 2026 financial year reflect the organisation’s continued commitment to balancing financial sustainability with the pursuit of its developmental agenda.
“The results we are presenting today reflect an institution that continues to balance two imperatives that are often very difficult to balance,” said Makhura.
Additionally, despite geopolitical circumstances posing challenges for financial development institutions, the DBSA is intent on making an even greater impact.
Essential to this is its Decadal Strategy plan, which includes seven focus areas for the DBSA’s developmental impact in the next ten years:
- Inclusive economic expansion and climate-resilient development.
- Strengthened municipalities.
- Just transition advanced.
- Regional integration and access.
- Financial sustainability.
- Sound governance.
- Fit organisational purpose.
“The strategy is extremely important because it guarantees the long-term sustainability of the bank to continue to do what we do even better – not just in South Africa, but across the continent,” said Makhura.
Click here to download the DBSA 2026 financial results reports.
Loading ...