In this Business Talk with Michael Avery interview, Development Bank of Southern Africa (DBSA) CFO Zodwa Mbele discusses the organisation’s performance for the 2023/24 financial year, and how it is supporting local government.
Mbele boasts extensive experience in the finance industry, having held multiple financial leadership positions at the DBSA over the last seven years.
She has served as the General Manager of Finance, as Acting CFO, and as Group Executive: Transacting for the DBSA.
In her current role as CFO, Mbele leverages her skills as a qualified Chartered Accountant and her certification in International Treasury Management to guide the DBSA’s finances from strength to strength.
Mbele has also completed prestigious programmes such as Harvard Business School’s Advanced Management Programme, Stellenbosch Business School’s Executive Development Programme, and Wits Business School’s Management Advanced Programme.
The interview
In this Business Talk interview, Mbele explains the DBSA’s mandate and how the organisation fits into the Southern African economic landscape.
She reveals how the DBSA contributes to rebuilding and recapitalizing local governments, before discussing the major trends she sees in the region’s markets.
Mbele then offers insight into the DBSA’s 2023/24 financial results, and their performance relative to prior years.
She also explains how the DBSA helps local governments who are battling with their debtor books and reveals how the bank can help key metros manage their outstanding finances.
Mbele concludes the interview by outlining the bank’s strategic priorities going forward, which includes promoting partnerships and mobile resources across Africa.
Watch the interview with Zodwa Mbele below.
