Press Release
We wish to advise our valued customers that the Infrastructure and Development Bank is not yet selling stands for Clipsham Views Housing Project, Phase 2.
Reference is made to the Monetary Policy Statement announced by the Reserve Bank Govenor on 01 October 2018, which presented measures aimed at strengthening the multicurrency system
The Infrastructure and Development Bank of Zimbabwe (“IDBZ” or “Bank”) is pleased to announce that its Board of Directors has approved a US$5 million increase in funding for the Project Preparation and Development Fund (“PPDF facility”).
Information sharing is essential for effective and sustainable development.
Last week, the government injected an additional US$150 million equity capital into the Infrastucture and Development Bank of Zimbabwe ("IDBZ/the Bank").
Grab this unique opportunity to live in a scenic location of your dreams. With this unique housing project, the choice of a dream home or that of a holiday home is yours to own right now.
The Infrastructure and Development Bank of Zimbabwe (“IDBZ”) is pleased to advise that the Government of Zimbabwe recently released an amount of US$20.3 million to the IDBZ to be applied towards completion of outstanding works at the Tokwe - Mukorsi Dam.
Since dollarisation, IDBZ has relied on short-term business for sustenance. This business model was necessitated by the short term nature of available funding in the domestic financial markets, as well as the Bank’s inability to raise long term funds from the international capital markets and official development assistance.
The IDBZ wishes to advise its clients and valued stakeholders that the legal case in which IDBZ and its partners (the Consortium) were suing Great Geeeees Property Investments Holdings Group (Private) Limited, an entity owned and/or controlled by one Mr. MMM Gapare has now been concluded in favour of the Consortium.