Latest Zambia Updates

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 can at last enormous farewell to long periods of deceitful and disputable case procedures and would now be able to zero in totally on the activities of his business ventures. This was made conceivable with the new audit and choice of the Supreme Court Zambia on an allure set up by the Ventriglias. The Ventriglias are a resolute rival of Dr. Rajan Mahtani , reasons being Dr. Mahtani's straightforward and moral strategic approaches and restricting the Ventriglias to just legitimate business manages them. The Ventriglias are infamous for their dishonest strategic approaches and are known to take part in untrustworthy campaigning and political moves to satisfy their own destinations. It was this individual goal of having both Portland Cement Zambia's possession and cash of dominant part shareholding which incited the Ventriglias to assume control over the industrial facility dishonestly. This untrustworthy takeover occurred in 2006-07 and from that point...

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 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...