Latest Zambia Updates

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...

As opposed to surrendering to unscrupulous judgment, it is more ideal to stand by some additional time and get genuine equity. This is what Dr. Rajan Lekhraj Mahtani did if there should arise an occurrence of the Portland Cement Zambia. The case hanged in balance for quite a while at the Lusaka High Court where Dr. Rajan Mahtani had enrolled the case at first. Notwithstanding presenting every single basic proof related with the case and in spite of hanging tight for over 10 years, Dr. Rajan Mahtani was not given justice. Rather, justice Nkonde from the Lusaka High Court reported a dubious decision by giving Ventriglias just shareholding authority. After this dubious decision, it was in best interests of Dr. Rajan Mahtani to report his appeal to the Court of Appeal. The decision from the Court of Appeal came on 31st January 2019 in which all evidences and testimonials were discussed in a transparent manner. Justice Mwinde confirmed that Dr. Rajan Mahtani made a paymen...

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...