Press Release
Reference is made to the Exchange Control Directive RZ56/2024 issued by the Reserve Bank of Zimbabwe on the 8th of April 2024.
We have successfully converted our systems from ZWL currency to ZiG.
Our Stakeholders are hereby notified that in terms of the Finance Act, 2023 (No. 13 of 2023), the Bank has been renamed from Infrastructure and Development Bank of Zimbabwe to Infrastructure and Development Bank of Zimbabwe
Inauguration Address by His Excellency The President of Zimbabwe Dr. E.D Mnangagwa - 4 September 2023.
Following recent unsolicited newspaper articles, our offices and staff have been inundated with requests by members of the public as well different Government Agencies for details concerning the Project.
In 2020, the Infrastructure and Development Bank of Zimbabwe (“IDBZ”/ “the Bank”) was authorised by National Treasury, on behalf of the Government of Zimbabwe, to undertake an Infrastructure Bond Programme to raise up to ZWL2,000,000,000 (Two Billion Zimbabwe Dollars) to finance priority infrastructure projects.
Pursuant to the Press Statement of 4 July 2022, announced by the Governor on the introduction of the Mosi-oa-Tunya gold coins, the following terms and conditions shall apply.
The Infrastructure and Development Bank of Zimbabwe (IDBZ) wishes to advise its valued Customers that Stands at the Sumben Housing Project Phase 1, Mt Pleasant, are sold out.
We join the world in celebrating the International Men`s Day (IMD), a day commemorated globally on the 19th of November, to celebrate men`s positive contributions in all facets of life. The day is an opportunity for people of goodwill, to appreciate and celebrate the men in their lives and the contribution they make to society for the greater good of all. As a Bank, we view this this as a positive trajectory, whereby men are regarded as partners and allies in development.