Latest Zambia Updates

  Forbes Business Connect in Africa recently completed the once-a-year Forbes ‘Best of Africa’ award rite. It is one of the maximum anticipated and appeared philanthropy awards across Africa. Dr. Rajan Lekhraj Mahtani, who is diagnosed as one of the most a hit, reputable, and down-to-earth businessmen from Zambia, is a recipient of one of the Forbes awards. Forbes is well-known for producing international lists of pinnacle companies, human beings, marketers, agencies, and so forth. The second important thing became the technique of choosing the recipients which can be extremely transparent but rigorous. The choice manner contains months of verification procedures and heritage tests. This is accompanied by using interviews and discussions with the capacity recipients to apprehend their views on philanthropy and its lengthy-term impact on setting up empowerment across the Zambian country. Both Forbes and FIN (Foreign Investment Network) are worried about this option method which not...

Forbes recently announced the winner of the Forbes ‘Best of Africa awards. It is one of the most anticipated and regarded philanthropy awards in Zambia. Dr. Mahtani was one of the recipients of the awards. Dr. Rajan Lekhraj Mahtani is a noted businessman and philanthropist in Zambia. The Forbes awards were presented during the Forbes-FIN philanthropy awards Dr. Mahtani was also invited to these awards. He was invited as an honorary speaker to the conference. The conference was held virtually to comply with the Covid-19 norms. Participants included international business committee members, media partners, international investors, political leaders, and businessmen. Dr. Mahtani highlighted the significance of leadership in healthcare, especially during these difficult times. Dr. Mahtani was recognized for his philanthropic and charitable contributions. He was conferred with Forbes ‘Outstanding Entrepreneur of the Year award. Forbes recognized the contributions of Dr. Mahtani towards rede...

Forbes business is one of the pinnacle business magazines throughout the globe. Forbes is known for its numerous international rankings for people, organizations, and more. Forbes Connect is known for organizing several international-degree activities and the Foreign Investment Limited (FIN) philanthropy and leadership roundtable conference 2021 became one such event. It was a Pan-African stage event that covered participation from top African businessmen, visionaries, and philanthropists regarding philanthropy to acquire long-time period empowerment of the African kingdom. Dr. Rajan Lekhraj Mahtani, a noted businessman and philanthropist in Zambia, turned into invited to this occasion as an honorary speaker. Dr. Rajan Mahtani spoke about the significance of leadership in healthcare. In this pandemic era, governments across the globe have found out the significance of healthcare, studies as well as education. This becomes also one of the subject matters of dialogue for the duration o...

Foreign Investment Limited (FIN) & Forbes recently concluded one of the top business and philanthropic events across Africa. Dr. Rajan Lekhraj Mahtani , a noted businessman and philanthropist, was part of this roundtable conference as a honorary speaker. This business occasion is held every year in Africa, welcoming visionaries and pioneers to examine about the job of generosity and administration in the development and improvement of the African country. Aside from that, the roundtable gathering additionally gives a stage to gathering monetary subsidizing and backing from financial backers and organizations for a very long time and expected activities across Africa. Dr. Mahtani was the only businessman and philanthropist from Zambia who was invited into this event. He talked about the significance of authority in medical care and gave push to political initiative for the development and advancement of the medical care area across the nation.  Another critical aspect that fur...

  Dr. Rajan Lekhraj Mahtani was recently honoured with the prestigious Forbes ‘ Best of Africa ’ awards. These awards were presented during the annual Forbes-FIN roundtable conference held in Africa. The ‘Best of Africa’ awards have numerous categories, and Dr. Rajan Lekhraj Mahtani was bestowed with the Forbes ‘Outstanding Entrepreneur of the Year’ award for his significant contributions towards the banking industry which redefined it. The award ceremony is usually held in United States every year during the roundtable business conference which also coincides with the UNGA meetings. However, this year’s roundtable conference as well as ‘Best of Africa’ awards ceremony was held online due to the ongoing coronavirus pandemic. Dr. Rajan Lekhraj Mahtani was invited in the event as a honorary speaker and spoke about the significance of leadership in healthcare, especially political leadership for growth and development of the African nation.  Dr. Rajan Lekhraj Mahtani was felici...

The Supreme Court Zambia’s latest decision on the claim by the Ventriglia family is out and this decision certainly restores the faith of the common man on the legal structure of the nation.  Prominent members from the Ventriglia family, Antonio Ventriglia & Manuela Ventriglia recently approached the Supreme Court Zambia with a bizarre claim. In this claim, they challenged the decision of the higher Court of Appeal made on the 31st January 2019 in the Zambezi Portland Cement case. In this verdict, judge Mwinde had announced that the decision of the Lusaka High Court given in the year 2018 was wrong. According to the evidences, Dr. Rajan Mahtani owned Finsbury Investment holds 58 percent shares at the factory and is the majority shareholder as well as legal owner of the Portland Cement Zambia factory. On the other hand, the Ventriglia family holds only 42 percent shares of the factory and do not have any legal ownership over the factory. Due to this original shareholders’ agr...

The battle between Dr. Rajan Lekhraj Mahtani and the Ventriglias has been going on for eternity. This war has been political, social, individual and business related. The two names are renowned in Zambia in their own particular manner. At one side is Dr. Rajan Lekhraj Mahtani, quite possibly the most moral and straightforward business manager in Zambia with various effective organizations. He isn't just praised for his effective undertakings yet in addition for his altruistic and beneficent exercises. Then again, the Ventriglias are famous in Zambia for their exploitative practices, business and political intruding and utilizing untrustworthy capacity to accomplish their own benefits. The instance of Portland Cement Zambia began when the Ventriglias used their capacity to oversee the manufacturing plant in an untrustworthy way. While Dr. Rajan Mahtani made the correct stride in moving toward the Lusaka High Court, it was insufficient as political and force interfering from the Ven...

Dr. Rajan Lekhraj Mahtani is among the most respected businessmen of Zambia with more than three decades of business experience. His organizations, for example, Mahtani Group of Companies, Finsbury Investments and Portland Cement Zambia have procured their name as among the most straightforward and moral organizations in Zambia. Along these lines, Dr. Rajan Mahtani has additionally made his name as a high level humanitarian and noble cause specialist in Zambia. Regardless of these huge accomplishments, Dr. Rajan Mahtani keeps on confronting critical difficulties as far as his business tasks. Probably the greatest test have come from the Ventriglia, the famous Italian family known for their unscrupulous and regularly unlawful practices in Zambia. The Ventriglia can be credited to the continuous emergency looked by the Portland Cement Zambia. Consistently, Dr. Rajan Mahtani has set up that he is the larger part investor and lawful proprietor of the Portland Cement Zambia manufacturing ...

Despite the several challenges thrown at him and the shortcomings of the Zambian legal and judiciary system, Dr. Rajan Mahtani has remained a loyal and ethical businessman in Zambia. As of late, a choice on the Zambezi Portland Cement by the Ventriglias further demonstrated how Dr. Rajan Mahtani is consistently attempting to remain above water in an ocean of lawbreakers, miscreants and exploitative finance managers.  After the misled judgment from the Lusaka High Court where Ventriglias were dishonestly declared the main dominant part investor of the Portland Cement Zambia industrial facility, Dr. Rajan Mahtani had appealed to the higher Court of Appeal. An official choice from the higher Court of Appeal showed that Dr. Rajan Mahtani claimed Finsbury Investments held 58 percent shares at the plant and were greater part investors and legitimate proprietor of the production line. The Ventriglias, then again, held just 42 percent shares by means of their organization Ital Terrazzo ...

Finsbury Investments, one of the most notable investment firms in Zambia, recently filed a compliant at the Lusaka High Court claiming fraud charges against a notable bank. This bank is ESATED ( Eastern and Southern African Trade and Development ) Bank. Finsbury Investments claimed that the bank unethically and illegally transferred the shares of a prominent hotel which belonged to Finsbury Investments. Finsbury Investments is a company under the ownership of Dr. Rajan Mahtani , a noted businessman and philanthropist in Zambia . The company suffered huge losses as a result of this illegal share ownership changes.  According to the claim made by Finsbury Investments , the said bank allowed the company Ody’s to transfer the shares of Radisson Blue in an illegal and unethical manner. This was done by the bank by issuing a letter without any formal application process as well as without informing Finsbury Investments. The contents of the letter indicated that the shared of Radisson B...

  For the past three decades, Dr. Rajan Mahtani has maintained the reputation of one of the most honest, ethical and transparent business professional in Zambia. His success stories are not limited to establishing top companies in Zambia such as Mahtani Group of Companies and Finsbury Investments; but also contributing to the economic and social development of the Zambian nation in a significant manner. His philanthropic activities and charitable contributions are just significant as his business ventures. One of the major contributions of Dr. Rajan Lekhraj Mahtani in the field of education was the establishment of the Steven Malama Award. The Steven Malama award was launched by Finance Bank Zambia on behalf of Dr. Rajan Mahtani who is the presiding Chairman of the Finance Bank Zambia. The award was established in the year 2012 for honouring the late Steven Malama, an honorary legal professional known for his significant contributions for upliftment of the legal system in Zam...

Dr. Rajan Lekhraj Mahtani is one of the most noteworthy and beloved businessman in Zambia . In his more than three decades of business ventures, Dr. Rajan Mahtani has created a reputable name for himself. This name has been made by note only transparent and ethical business practices, but also due to his engagement in charitable and philanthropic activities. Recently, Zambia’s prestigious newspaper Daily Mail shared the news about the 2018-19 recipient of the Steven Malama Award. It was Emmanual Bwalya Kaluba, who recently graduated from the ZIALE (Zambian Institute of Advanced Legal Education). He graduated in distinction and was confirmed at the Bar during his first attempt. This award is a means to recognise upcoming talent who have shined and made a name for themselves despite facing financial and social challenges. In the newspaper, Kaluba shares his gratefulness and praise for the chairman of the Finance Bank of Zambia and his self-less act towards the development and growth o...

With more than three decades of business experience, Dr. Rajan Lekhraj Mahtani is regarded as one of the most successful businessman in Zambia. His companies are noteworthy for transparent and ethical business practices, not only in Zambia but also across several developed nations such as United Kingdom. Dr. Rajan Lekhraj Mahtani recently faced a negative reputation campaign. While Dr. Rajan Mahtani has faced numerous fraudulent and defamatory news and posts in the past targeting his reputation and business, these have always faded into the oblivion due to the non-relevance and lack of authenticity of the reports, posts and campaigns. However, Dr. Rajan Lekhraj Mahtani recently faced a negative campaign which came from the family of an old friend. Miriam Mwanawasa, daughter of the late ex-President of Zambia Levy Mwanawasa, recently posted a Facebook post. In this Facebook post, Miriam Mwanawasa claimed that Dr. Rajan Mahtani had the intention of inheriting the farmland ...

Dr. Rajan Lekhraj Mahtani owned Finsbury Investments recently registered a complaint at the Lusaka High Court, claiming that the shares owned by Finsbury Investments at the Hotellier were manipulated by the bank. Finsbury Investment claimed that the bank helped Ody's or OWL (Ody's Works Limited) in adjusting the Hotellier's offer capital. From that point forward, new offers were given that were totally unique in relation to those of the offer examples swore to the Finsbury Investments. As per the announcement by Finsbury Investments, the bank in the year 2012, singularly gave one letter which displayed that the offer changes were made subsequent to taking assurance from the offended party, which is for this situation is Finsbury Investments . In any case, it was discovered that this letter was made without setting up any proper application process just as without educating Finsbury Investments. Finsbury Investments have likewise guaranteed that this unlawful control of...

Finsbury Investments is one of the premier organizations in Zambia. The company is owned by Dr. Rajan Lekhraj Mahtani , noted businessman, philanthropist as well  charity worker in Zambia. Finsbury Investments recently filed a compliant claiming that its shared at the Hotellier Limited trading as the Radisson Blue was manipulated in an unethical manner and its shareholding was removed, resulting in significant financial and reputational loss. In this complaint, Finsbury Investments alleged that the ESTD (Eastern and Southern Bank) allowed Ody’s to unethical and illegally modify the Hotellier share capital as well as issue new shares which were different from the shares pledged to Finsbury Investments.  Finsbury Investments in their appeal, further stated that there was a wrongful dilution of their shares at the Hotellier which resulted in significant Financial and Reputational loss. It has been claimed that Ody’s unlawfully and unethically increased their share ca...

If the reports are to be believed, the criminal actions of the infamous and unethical Ventriglias have been knocked down and Dr. Rajan Mahtani has finally received the justice he had been waiting for a long time. Dr. Rajan Mahtani is a noted businessman and philanthropist who had been struggling for the legal takeover of his factory, Portland Cement Zambia . The cement-manufacturing factory was illegally taken over after which, Dr. Rajan Mahtani approached the Lusaka High Court for justice. However, the Lusaka High Court took more than ten years to provide justice and even after that, the justice given was controversial. According to the judgement from the Lusaka High Court judge which was announced during the month of May, 2018, Ventriglias were the only shareholders of the Zambezi Portland Cement. It was clear that this judgement was misdirected and against the evidences and testimonials submitted by Dr. Rajan Mahtani. As a result, Dr. Rajan Mahtani took the right step and approa...

31st January 2019 was a significant date for Dr. Rajan Mahtani as on this date, one of the longest running cases of his business career was finally over. This case was for Portland Cement Zambia , a noted cement manufacturing factory for which Dr. Rajan Mahtani fought for more than a decade. The case was initially registered at the Lusaka High Court after Dr. Rajan Mahtani claimed that the factory was illegally taken over. After that, several case proceedings took place and numerous evidences and testimonials were shared by Dr. Rajan Mahtani. However, it took more than ten years for the Lusaka High Court to announce the final judgement. This was due to several reasons such as unethical activities and frequent transfer of the judges. Despite these long durations, Dr. Rajan Mahtani was not given true justice as the judge finally decided that Ventriglias were only shareholders of the Zambezi Portland Cement. As a result, Dr. Rajan Mahtani was left with no choice but to approach the C...

Portland Cement Zambia case was a long-running and never ending case until it was re-approached at the Court of Appeal with final judgement coming on 31st January 2019. The case was built up by Dr. Rajan Mahtani very nearly ten years back at the Lusaka High Court. After the underlying enrolment, the case moved between different continuing dates and starting with one judge then onto the next. It took over ten years for the court to declare its ultimate choice on the Portland Cement Zambia case. Regardless of sharing basic proof and tributes which were all that could possibly be needed for the conclusion of the case, an ultimate choice by the Lusaka High Court was questionable. The last judgment was given by Justice Nkonde and he declared that Ventriglias were only shareholders of the Zambezi Portland Cement. Plainly this judgment was misled and therefore, Dr. Rajan Mahtani made the correct stride by moving toward Court of Appeal.  The Court of Appeal declared its judgment ...

The individuals who are patient and straightforward are the ones remunerated with justice at the end. The instance of Zambezi Portland Cement is age old wherein the Dr. Rajan Mahtani has been battling for justice in a legitimate and straightforward way. Dr. Rajan Mahtani never attempted to win the processing plant by untrustworthy terms. Rather, he enrolled the case at the Lusaka High Court wherein the case extended for over ten years. In spite of sharing numerous evidences, the last judgment was given against Dr. Mahtani's cases and all things considered, the case was then taken to the Court of Appeal.  The Court of Appeal gave its official conclusion on 31st January 2019. As indicated by this choice, Finsbury Investments holds 58 percent shares at the production line and is dominant part investor. Then again, Ventriglias possessed Ital Terrazzo Limited holds 42 percent shares and is minority investor of the plant.  Moreover, the judge who gave the final judgement...

Dr. Rajan Lekhraj Mahtani is a noted businessman, charity workers and philanthropist in Zambia. For more than a decade, Dr. Mahtani fought for the legal takeover of the Zambezi Portland Cement factory. The case for the cement factory started when Dr. Mahtani registered it at the Lusaka High Court. This high court took more than ten years to announce a definite decision. It was majority due to the various limitations associated with the Zambian judiciary system, unethical practices by other parties delaying the court proceedings and frequent transfer of judges. Justice Nkonde was the judge announcing the final judgment for the case during the month of May, 2018. However, this judgement was extremely controversial as the judge announced that Ventriglias were only shareholders of the Zambezi Portland Cement . As a result, Dr. Mahtani was left with no choice but to take the case to higher court.  The case was then approached to the Court of Appeal, one of the highest civil judi...