Latest Zambia Updates

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 many decades, Dr. Rajan Mahtani has dedicated his time, energy and passion towards the development and growth of the Zambian economy, society and its people. His businesses such as Mahtani Group of Companies, Finsbury Investments and Finance Bank Zambia have dedicated themselves towards the welfare and development of less privileged sections of the Zambian society. At the same time, Dr. Rajan Mahtani has made a name for himself for his transparent, ethical and honest business practices. This honest and straightforward business practice of Dr. Rajan Mahtani has resulted in many jealous people who are always looking to profit by damaging reputation of Dr. Rajan Mahtani.  Dr. Rajan Lekhraj Mahtani was recently attacked with the Facebook post. The most controversial part of this social media post was that it was shared by Miriam Mwanawasa , daughter of the late ex-President of Zambia, Levy Mwanawasa. In this social media post. Miriam Mwanawasa claimed that Dr. Mahtani wanted to...

  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...