Posts

Forbes Awards Dr. Mahtani For Business & Philanthropic Contributions

Image
  Dr. Rajan Mahtani is one of the most respected and noted businessman in Zambia. For more than four decades, Dr. Rajan Mahtani has been working towards the welfare and development of the Zambian nation. Dr. Mahtani was recently invited to be the honorary speaker at the Forbes-FIN philanthropy and leadership roundtable conference. This roundtable conference is an yearly event which generally place at New York. However, this year’s event was held online to comply with the social distancing and isolation norms associated with the ongoing Coronavirus pandemic. In this event, several visionaries, leaders and participation for sharing their thoughts, ideas as well as participating in discussions regarding leadership and philanthropy for achieving long-term development of the Zambian nation. Some of these participants included members from international business communities, entrepreneurs, businesses, spiritual leaders, opinion leaders, political leaders, international investors and media pa

Forbes Recognises Dr. Mahtani’s Philanthropic Contributions

Image
Forbes along with Foreign Investment Limited (FIN) recently concluded the annual Forbes-FIN philanthropy and leadership roundtable conference. It was one of the highly anticipated corporate events in Africa, inviting members from several fields and arenas. Dr. Rajan Mahtani was also invited in this event as a honorary speaker. The event was also anticipated highly as a result of the inclusion of the Forbes ‘Best of Africa’ award ceremony. The award ceremony is regarded highly among businesses and entrepreneurs. Dr. Rajan Mahtani was recognised by Forbes for his significant contributions towards economy and philanthropy and was conferred with the Forbes ‘Outstanding Entrepreneur of the Year’ award 2021. Dr. Rajan Mahtani is credited for redefining the banking sector of Zambia.  Dr. Rajan Mahtani is one of the top businessman from Zambia. His businesses have achieved success not only in Zambia but also across African nations as well as across the globe. In the year 1981, Dr. Rajan Maht

Eulogy For Late Kenneth Kaunda Shared By Dr. Mahtani

Image
One of the greatest freedom fighters of Zambia, Kenneth Kaunda , recently passed away. He was one of the most significant influencers in Zambia’s quest for independence. As such, Kenneth Kaunda was regarded as the ‘Father of the nation and African Union’ as well as the ‘ Zambian Independent Hero ’. He was known for uniting more than 70 tribes across Zambia and became the first-ever president after recognition of Zambia as a free nation.  Dr. Kaunda was a man of numerous gifts. In any case, he was known for its principled and praiseworthy life which is currently incredibly hard to opponent or equivalent. He was known for his confidence and treating everybody equivalent before the god. He was additionally known for his benevolence, love towards the humanity just as taking motivation from God in endeavour conciliatory commitment. Simultaneously, Dr. Kaunda was referred to his loved ones as a musician, artist, guitarist, footballer, author, artist, artist just as a total family man. Late

Claim Against Portland Cement Rejected By Court

Image
  On 31st January 2019, the higher Court of Appeal announced its decision on the Portland Cement Zambia case. This decision was taken to the court by Dr. Rajan Mahtani , a noted businessman and philanthropist in Zambia. Dr. Rajan Mahtani had previously appealed to the higher Court of Appeal after the Lusaka High Court gave a controversial decision wherein the Ventriglias were announced as only shareholders of the Portland Cement Zambia . Coming to the higher Court of Appeal’s decision, justice Mwinde reversed the decision from the Lusaka High Court and announced Dr. Mahtani as the majority shareholder and legal owner of the factory.  In a surprising turn of events, the Ventriglia family approached the Supreme Court Zambia against the decision by the higher Court of Appeal. In their appeal, they claimed that the decision from the higher Court of Appeal to give majority shareholding to Dr. Mahtani was wrong. They further claimed that the amount against majority shareholding shares wa

Portland Cement Zambia Ownership Remains Undisturbed

Image
  Dr. Rajan Mahtani is a noted businessman in Zambia with significant businesses under his ownership. Some of the top successful companies in Zambia include Mahtani Group of Companies, Finsbury Investments and Finance Bank Zambia. And based on the latest decision from the Supreme Court Zambia, Dr. Rajan Mahtani owned Finsbury Investments is also the bona fide owner of the Portland Cement Zambia. However, reaching this status was a difficult task for Dr. Rajan Mahtani as it included not one but three different courts. First it was Lusaka High Court where the case dragged for more than a decade and despite this long tenure, the final verdict was controversial with the judge announcing Ventriglia family as the only shareholder of the Portland Cement Zambia. After that, Dr. Rajan Mahtani approached the higher Court of Appeal which gave its final decision on 31st January 2019. In this verdict, the previous decision from the Lusaka High Court was reversed and justice Mwinde on behalf of t

Supreme Court Zambia Announces Decision On Portland Cement, Decides Against Claim By The Ventriglias

Image
The Supreme Court Zambia has put an end to the long-pending disputes and confusion regarding the ownership of the Portland Cement Zambia factory. Dr. Rajan Mahtani owned Finsbury Investments received majority shareholding and legal ownership of the Portland Cement Zambia via an original shareholding agreement. However, this agreement was questioned and disputed and the ownership of the Portland Cement was unethically taken over, resulting in a case at the Lusaka High Court. Lusaka High Court, after dragging the case of Portland Cement for more than a decade, gave an unethical decision in which the Ventriglias were announced as only shareholders of Portland Cement.  After this choice, The Ventriglia family chose to challenge it by moving toward the Supreme Court Zambia. A seat of three Supreme Court Judges was set up and a few irregularities in the allure by the Ventriglia family were found. In the first place, the Ventriglia family neglected to present their case inside 14 days of t

Portland Cement Ownership To Remain With Dr. Rajan Mahtani Despite Appeal From Ventriglia Family

Image
Dr. Rajan Lekhraj Mahtani is one of the most respected and noted businessman in Zambia. For more than three decades, Dr. Rajan Mahtani has been working relentlessly towards establishing successful organizations across the nation. Some of the top companies established and currently run by Dr. Rajan Mahtani are Mahtani Group of Companies, Finsbury Investment and Finance Bank Zambia. Another company for which Dr. Rajan Mahtani fought a legal battle for more than a decade was Portland Cement Zambia. The cement-manufacturing factory was taken over by Dr. Mahtani owned Finsbury Investment in the year 2007-2008 via an original shareholders’ agreement. According to this agreement, Finsbury Investment received 58 percent shares of the factory and was announced as the majority shareholder and legal owner of the factory. However, soon after the operations of the factory started, it was questioned by the Ventriglia family. After the legality of the original shareholders agreement was questioned,