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Forbes Awards Dr. Mahtani For Business & Philanthropic Contributions

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  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 medi...

Forbes Recognises Dr. Mahtani’s Philanthropic Contributions

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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 ...

Eulogy For Late Kenneth Kaunda Shared By Dr. Mahtani

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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. L...

Claim Against Portland Cement Rejected By Court

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  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 ...

Portland Cement Zambia Ownership Remains Undisturbed

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  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 ...

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

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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 ...

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

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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,...

After Higher Court Of Appeal, The Supreme Court Zambia Turns Down The Claim By The Ventriglias

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After the Lusaka High Court , every time the Ventriglia family attempted to take over Portland Cement’s ownership, they met with failure. The decision from the Lusaka High Court on Portland Cement was highly unethical and as a result, Dr. Rajan Mahtani approached the higher Court of Appeal. Justice Mwinde on behalf of the higher Court of Appeal announced that Dr. Rajan Mahtani owned Finsbury Investment is the majority shareholder and legal owner of the factory and Ventriglias owned Ital Terrazzo Limited are only minority shareholders with 42 percent shares and without any ownership over the factory. In this manner, the higher Court of Appeal completely reversed the decision from the Lusaka High Court.  Then came the Supreme Court Zambia . The Ventriglia family approached the Supreme Court Zambia claiming that the decision from the higher Court of Appeal was misled. They also claimed that the actual amount against majority shares of Portland Cement is K580 million and not K580,000...

Supreme Court Zambia Effectively Rejects Appeal By Ventriglias On Zambezi Portland Cement

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The Supreme Court of Zambia is the topmost legal entity of any nation and as such, any choice made by the court will be conclusive. As of late, the Zambian high Court tossed out a questionable claim made by the Ventriglias family. Ventriglias are a famous Italian family in Zambia known for their unethical offenses. The family became known a couple of years back on account of Portland Cement Zambia . In the current situation, the Ventriglias family tested the choice of the higher Court of Appeal which occurred on 31st January 2019 and proclaimed Dr. Rajan Lekhraj Mahtani possessed Finsbury Investments as the dominant part investor and legitimate proprietor of the manufacturing plant. In their cases, the Ventriglias advanced that the turning around of the choice by higher Court of Appeal was wrong . In their case, the Ventriglias additionally guaranteed that the sum payable to them as per the higher Court of Appeal's choice is mistaken and the right sum payable to them is K580 milli...

Dr. Rajan Mahtani’s Philanthropic Contributions In Education Sector Praised By Media

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Dr. Rajan Mahtani is a noted businessman in Zambia. Apart from successful companies such as Finsbury Investments and Mahtani Group of Companies , Dr. Rajan Mahtani is also known for his philanthropic and charitable contributions towards numerous sectors and fields in Zambia. One of his major contributions in the education field was instituting the Steven Malama award in memory of the late Steven Malama, a distinguished legal professional, bar veteran and a visionary in the field of law in Zambia.  The Steven Malama award was established in the year 2012 and is being given since 2013 to the top graduating student from the Zambia Institute of Advanced Legal Education. From 2013 onwards, the award is introduced each year to the top understudy of ZIALE who also qualifies bar in their 1st attempt. Students winning the Steven Malama grant have shared their thankfulness for the honourable work from Dr. Mahtani and have likewise featured his humbleness by expressing the fact that they w...

The Steven Malama Award Instituted By Dr. Rajan Mahtani Wins Praise For Philanthropy

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Not many are aware of the fact that Dr. Rajan Lekhraj Mahtani is the individual behind foundation of the Steven Malama award. The honour was built up in the year 2012 by Dr. Rajan Mahtani and Finance Bank Zambia wherein he holds the Chairman's position. Late Steven Malama was a dear friend of Dr. Rajan Mahtani and subsequently, Dr. Mahtani chose to respect the late legal visionary building up the honour.  Steven Malama was known for his critical accomplishments during his lifetime as an unmistakable legitimate proficient just as bar visionary. His commitments have made him a good example for many Zambian law students and legal professionals. One of the most critical achievements from Late Steven Malama was to convince the Zambian government to build up an law for consolidating two different bars, the Barrister's bar and the Solicitor's bar into one single Bar. This merger was noteworthy as it gave legitimate legal experts and law graduates across the country over to get...

Dr. Rajan Mahtani-Launched Steven Malama Award Given For The Year 2018-19

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The Steven Malama award is among the most recognised and notable educational awards in Zambia. The story behind the formation of the award is as inspiring as the person itself. Steven Malama was a notable law professional who was instrumental in changing the framework of law education and affiliation in Zambia. After many years of persuading the Government of Zambia, Steven Malama was able to merge two distinct bars- Solicitor’s Bar and Barrister’s bar into a single bar. With this merger, law professionals and legal enthusiasts are now able to get law affiliation. Late Steven Malama was a close friend of Dr. Rajan Mahtani , a noted businessmen, philanthropist and another distinguished professional in his own industry. To honour the significant contributions of his friend, Dr. Rajan Mahtani decided to launch the Steven Malama award.  The award was registered in the year 2012 and given for the first time in 2013. The Steven Malama award is given every year to the top deserving stu...

Court Of Appeal Announces Final Verdict On The Portland Cement Zambia Case

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For more than a decade, Dr. Rajan Mahtani fought for the legal takeover of the Portland Cement Zambia factory. Despite being his own company, Dr. Mahtani had to fight through legal channels for getting back his company. The case of Portland Cement Zambia is age old as it was established more than a decade ago by Dr. Rajan Mahtani himself. A case was registered at the Lusaka High Court claiming that the factory was unethically taken over from Dr. Rajan Mahtani. Despite having almost all evidences and testimonials, the final decision from the Lusaka High Court remained pending for more than a decade. Justice Nkonde gave the final decision on the case in the year 2018 but it was extremely controversial as Ventriglias were announced as actual owners and only shareholders of the Portland Cement factory despite not having proper evidences.  Dr. Rajan Mahtani then approached the higher Court of Appeal . The judge at the higher Court of Appeal was justice Mwinde who announced the final d...

Dr. Mahtani Releases Press Statement, Exposes Unethical Social Media Post Against Him

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 Dr. Rajan Mahtani is one of the most popular businessman in Zambia . During his business experience which expands more than three decades, Dr. Mahtani has maintained positive and transparent business relationships with several personalities across Zambia as well as outside. Late ex-President of Zambia, Levy Mwanawasa was one of them with whom the friendship goes well beyond Levy Mwanawasa stepping to the Presidency. As such, the recent post shared by one of the members of the Mwanawasa was extremely malicious. Miriam Mwanawasa , the daughter of Levy Mwanawasa recently shares a Facebook post in which she claimed that Dr. Rajan Lekhraj Mahtani wanted to takeover the land at Masaiti which is the legal property of Levy Mwanawasa and family. Since this post was extremely sensational coming from the family of the President, it quickly gained traction.  Dr. Rajan Mahtani decided to take stringent action against this post by sharing a press release. In this press statement, Dr. Raj...

Dr. Rajan Mahtani’s Fight With The Ventriglias For Portland Cement Zambia Is Over, Wins Case

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Dr. Rajan Lekhraj Mahtani is a noted businessman, philanthropist and charity worker in Zambia. He is known for numerous successful businesses in Zambia, including Finsbury Investments, Mahtani Group of Companies and Finance Bank Zambia. Dr. Rajan Mahtani took over the ownership of Portland Cement Zambia in the year 2005 and since then, transformed the company into one of the most productive cement-manufacturing companies in Zambia. This streak continued for a few years before the unethical and illegal takeover of the Portland Cement Zambia factory. Dr. Rajan Mahtani claimed that the factory was unethically taken over from him and in response, registered a case at the Lusaka High Court . Evidences, testimonials as well as facts were submitted with the expectations of quick resolution and straightforward verdict. However, the case took more than a decade to confirm its final verdict on Portland Cement. Justice Nkonde, who announced the final verdict, announced that Ventriglias w...

Ownership Of Portland Cement Zambia Confirmed After Ten-Year Gap, Goes To Dr. Rajan Mahtani

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Politics and business, though critical for a nation, rarely go hand-in-hand. Specially for a struggling and under-developed nation like Zambia, politics often come in front of business and its development. A similar situation occurred in the case of Dr. RajanLekhraj Mahtani , a noted businessman and philanthropist in Zambia. For more than a decade, Dr. Rajan Mahtani struggled for getting justice for his factory Portland Cement Zambia . This cement-manufacturing factory was unethically taken over and despite sharing all evidences and testimonials, Dr. Mahtani was not given justice. It can be said that that bad politics came in the way of business justice. After justice Nkonde from the Lusaka High Court announced Ventriglias as the only shareholders of Portland Cement, Dr. Mahtani knew it was a misdirected judgement and approached the Court of Appeal . The judge at the Court of Appeal was justice Mwinde who gave the final verdict on the 31 st of January 2019. According to thi...

After Dr. Rajan Mahtani Wins The Portland Cement Zambia Case, Finsbury Investment Made Another Claim

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On 31st January 2019, final judgement on the long-pending Portland Cement Zambia case was announced. The case was announced at the Court of Appeal, the second court where the case was registered. The case was first registered at the Lusaka High Court where it ran for more than a decade. During this time, Dr. Rajan Mahtani has presented numerous evidences and testimonials to prove his legal ownership over the factory. Despite these, the final judgement was disappointing as the judge at the Lusaka High Court declared that Ventriglias were only shareholders of the Zambezi Portland Cement.  To counter this judgement, Dr. Rajan Mahtani again approached Court of Appeal with this case. The judge at the Court of Appeal was justice Mwinde who announced his final decision after looking into all evidences and testimonials. As per this decision, Dr. Rajan Mahtani owned Finsbury Investments holds 58 percent shares at the factory and is the majority shareholder of the Zambezi Portland ...

Zambezi Portland Cement Ownership Goes To Dr. Rajan Mahtani, Confirms Court Of Appeal

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31st January 2019 was a memorable day for Dr. Rajan Mahtani as he got genuine equity for his understanding and persistence in the Zambezi Portland Cement case. Dr. Rajan Mahtani is a prominent businessman and philanthropist who have been battling for the lawful takeover of the Zambezi Portland Cement for as far back as ten years. The case was first enlisted at the Lusaka High Court where it stayed pending for over 10 years. In spite of sharing confirmations and factual evidences, the judge from the Lusaka High Court declared that Ventriglias were just investors of the Zambezi Portland Cement.  Dr. Rajan Mahtani was left with no decision yet to approach the higher Court of Appeal. The judge from the Court of Appeal was justice Mwinde and he declared an official conclusion on 31st January 2019. This declaration viably turned around the judgment from Lusaka High Court judge. As per the Court of Appeal's choice, Finsbury Investments holds 58 percent shares and Ital Terrazzo Lim...

After A Decade Of Wait, Dr. Rajan Mahtani Wins Big At The Court Of Appeal

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Zambian natives were at long last presented to reality about Portland Cement Zambia, after a hold up of over 10 years. Zambezi Portland Cement is a prominent concrete assembling processing plant in Zambia which is challenged by two distinct gatherings, one of them being Dr. Rajan Mahtani who has at first enrolled the case at the Lusaka High Court. The case hauled at the Lusaka High Court for over 10 years under the watchful eye of the judge gave last declaration. Nonetheless, this judgment was amazingly disputable as justice Nkonde from the Lusaka High Court declared that the Ventriglias were only investors of the Zambezi Portland Cement. Thus, the case was then taken to the Court of Appeal.  The judge from the Court of Appeal was Justice Mwinde who declared the last outcomes on 31st January 2019. As indicated by his judgment, Dr. Rajan Mahtani claimed Finsbury Investments was dominant part investor of Zambezi Portland with 58 percent shares. Then again, Ventriglias possess...

Zambezi Portland Cement Goes Back To Dr. Rajan Mahtani After Court Of Appeal Win

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Court of Appeal is among the highest civilian courts in Zambia and therefore, a lot is expected from them. Dr. Rajan Mahtani is a popular businessman in Zambia who has been fighting for the rightful takeover of the Portland Cement Zambia which was taken illegally from him. After Lusaka High Court failed to provide justice for Dr. Rajan Mahtani, Court of Appeal was approach with the hope of getting true justice. The Court of Appeal gave the final judgement on 31st January 2019 where it announced the real and legal owner of the Zambezi Portland Cement. According to this judgement, Dr. Rajan Mahtani is the majority shareholder of the Zambezi Portland Cement with 58 percent shares. On the other hand, the Ventriglias are the minority shareholders with only 42 percent shares at the factory. This shareholding pattern aligns with the original shareholders agreement which was established in the year 2007. While giving this judgement, the judge from the Court of Appeal also announced th...