Stakeholder Notices

Eastern Cape SMME Summit 16 & 17 November 2011

Eastern Cape SMME Summit 16 & 17 November 2011

Please click here to view presentations made at the SMME Summit on the 16th and 17th November 2011.
Click here for the MEC's Speech...
Click here for Dr Tom's Speech...


Eastern Cape Community TV (ECCTV) Provincial Initiative

Eastern Cape Community TV (ECCTV) Provincial Initiative

-  Production Training (Radio & Television Documentary Training)... Please click here to apply...
- 1st AGM. Date to be confirmed. Click here to download the Draft Programme...
-  ECCTV Provincial Steering Committee to rollout a Community Mapping Exercise Read More...
Newsroom
Search:
Search
News Article - Development

DBSA redefines its role as a DFI


Posted on: Thursday, 04 September 2008. Article source: Iafrica, 19 Aug 2008

The Eastern Cape is to benefit from 17 000-unit housing project in King Sabata Dalindyebo, Mthatha, as the institution looks to establishing sustainable communities. In an effort to redefine its role as a development funding institution the Development Bank of Southern Africa (DBSA) is helping establish sustainable communities. This would motivate "an active and involved population to work together to establish a successful future for themselves and subsequent generations".

The DBSA said it had recently signed a memorandum of understanding with the national housing department. "Housing is undoubtedly a significant component of sustainability which includes addressing... low income housing and convenient location close to work." In the Western Cape, the DBSA had been able to participate in the establishment of policies in the development of the Rooidakke area. "Here, government is using alternative construction technology, mainly attributable to DBSA putting forward a strong case to move away from ordinary construction material unsuited to the high levels of humidity of the area."

Before the bank embarked on any community project, it drew up a development charter specific to that project to protect its investment. For example, it would agree to fund a housing development that included providing water and sanitation, electricity and storm water infrastructure. When construction is complete the charter assists in determining who should occupy the houses. It also helps protect the homes and infrastructure from vandalism because the community has signed up as a party to that specific charter," the DBSA said.

Besides the Rooidakke area, success had been seen in the 17 000-unit housing project in King Sabata Dalindyebo, Mthatha, in the Eastern Cape. Here the DBSA ensured sufficient planners and engineers were made available and defined economic development strategies. The bank said it had allocated R15-billion for housing over the next four years.


 
Article Tags:  Construction  |  Development Bank of South Africa  |  King Sabata Dalindyebo  |  Mthatha  |  Eastern Cape
 
Podcast
Subscribe to our Podcast
ECDC Xhosa Radio Ad
 

 
Get Flash Player
Ocean Terrace Park,Moore Street,Quigney, EAST LONDON
P. O. Box 11197, Southernwood, Eastern Cape, South Africa, 5213.
 
Tel: +27(0)43 704 5600
Fax: +27(0)43 704 5700
Email: info@ecdc.co.za
View all branches
Wed, 08 Feb 12
US Dollar / SA Rand Exchange
R
British Sterling / SA Rand Exchange
R
Euro / SA Rand Exchange
R
Plat.
$
Gold
$
B. Oil
$
Subscribe to our monthly newsletter and receive the latest news from around the Eastern Cape and Southern Africa.


Wed, 08 Feb 12
Queenstown
19°C
24°C
Bisho
20°C
22°C
Cradock
19°C
32°C
East London
23°C
25°C
Graaff-Reinet
20°C
27°C
Port Elizabeth
22°C
27°C
Port St Johns
25°C
28°C
Valid CSS! Valid XHTML 1.0 Strict