Tag Archives: Dr. Mahtani and Finance bank

Dr. Mahtani Wins Top Business Award By Forbes

November 10, 2021 by DRMZambia

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After several decades of selfless passion and dedication towards the growth and development of Zambian nation, Dr. Mahtani’s contributions were finally recognised. While Dr. Rajan Mahtani has been awarded with many awards and grants in the future, the Forbes ‘Best of Africa’ awards holds a special significance due to the brand Forbes as well as the rigorous selection process. Dr. Rajan Mahtani was recently invited at the 2021 Forbes-FIN philanthropy and roundtable conference as a honorary speaker. This event was held online as a result Continue reading →

Dr. Rajan Mahtani Receives Special Forbes Award For Business Contributions

September 8, 2021 by DRMZambia

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Forbes in partnership with (FIN) Foreign Investment Network recently awarded the Forbes ‘Best of Africa’ awards. The award ceremony took place via virtual meeting during the Forbes-FIN Philanthropy and Roundtable conference. Dr. Rajan Mahtani was a honorary speaker during the event which took place on 6th August 2021. Furthermore, Dr. Rajan Mahtani was bestowed with the prestigious ‘Outstanding Entrepreneur of the Year’ award by Forbes under the ‘Best of Africa’ category. Dr. Rajan Mahtani accepted the award through online platform only. In his acceptance speech, Continue reading →

Supreme Court Zambia Announces Results On Claim By The Ventriglia Family

May 27, 2021 by DRMZambia

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Zambia’s highest legal system is Supreme Court Zambia where the buck stops. Supreme Court Zambia recently evaluated the case of Portland Cement which was taken to the SC in a bizarre appeal by the Ventriglia family. The case of Portland Cement Zambia dates back to more than a decade when Dr. Rajan Mahtani first approached the Lusaka High Court after unethical takeover of the Portland Cement Zambia by the Ventriglias family. This was followed by a long stretch of case proceedings and controversial verdict in Continue reading →

Dr. Rajan Lekhraj Mahtani Remains The Legal Owner Of Zambezi Portland, Supreme Court Gives Final Verdict

May 12, 2021 by DRMZambia

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Dr. Rajan Lekhraj Mahtani has been regarded as one of the most responsible and authentic businessman in Zambia. For more than a decade, Dr. Mahtani has been building numerous successful organizations in Zambia. Among them is Finsbury Investments, a noted investments company. During the period of 2006-2007, Dr. Rajan Mahtani owned Finsbury Investments received majority shareholding and legal ownership of the Zambezi Portland Cement via an original shareholders agreement. According to this agreement, Finsbury Investments receives 58 percent Portland Cement shares and becomes the majority Continue reading →

Attempt By Ventriglia Family To Change Portland Cement Ownership Becomes Unsuccessful

April 25, 2021 by DRMZambia

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The case of Portland cement Zambia was actually over when the higher Court of Appeal announced its final decision on the case. According to this decision, the majority shareholding and ownership of the Portland Cement Zambia factory went to Dr. Mahtani owned Finsbury Investment with 58 percent shares. On the other hand, the Ventriglia owned Ital Terrazzo Limited held just 42 percent shares of the factory and did not have any majority shareholding or legal ownership over the factory. With this verdict, the higher Court Continue reading →

Challenge By The Ventriglia Family On Higher Court Of Appeal’s Decision Rejected Outright By Sc

January 6, 2021 by DRMZambia

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According to the latest reports, the Supreme Court Zambia recently threw out an appeal which was made by Ventriglia family. In this appeal, the Ventriglia family challenges the decision of Court of Appeal which declared Dr. Rajan Mahtani owned Finsbury Investments as the majority shareholder and legal owner of the factory. This decision from the higher Court of Appeal came on 31st January 2019, around nine months after Dr. Rajan Mahtani appealed before the court. Immediately before this appeal, Dr. Rajan Mahtani faced a misdirected Continue reading →

Appeal By Ventriglias Rejected By Supreme Court, Dr. Rajan Mahtani Remains Owner Of Portland Cement

November 1, 2020 by DRMZambia

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More than a year after the judge at the higher Court of Appeal reversed the decision from the Lusaka High Court and announced Dr. Rajan Mahtani as the actual owner of the Portland Cement Zambia factory, the Ventriglias approached the Supreme Court Zambia with controversial claims. They claimed that the judgement by higher Court of Appeal on Zambezi Portland Cement was incorrect. The appeal was rejected based on two major grounds. The first ground was law as according to law, any claim or appeal against Continue reading →

Supreme Court of Zambia supports the decision from higher Court of Appeal regarding Portland Cement

October 30, 2020 by DRMZambia

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Dr. Rajan Mahtani fought for the Zambezi Portland Cement for many years. The case was first appealed to the Lusaka High Court were the judge gave a misdirected decision even after dragging the case for more than a decade. However, Dr. Mahtani did not lose hope and approached the higher Court of Appeal under the required legal legislations. After around nine months of case proceedings, justice Mwinde on behalf of the higher Court of Appeal announced that Dr. Rajan Mahtani owned Finsbury Investments held 58 Continue reading →

Dr. Rajan Lekhraj Mahtani Receives Ovation For Contribution Towards Zambian Education

September 8, 2020 by DRMZambia

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The Steven Malama award was instituted by Dr. Rajan Mahtani in the year 2012 for honouring the contributions from the late Steven Malama, a distinct legal professional, bar luminary and member of the Supreme Court of Zambia. Steven Malama, as described by Dr. Rajan Mahtani, was a devoted professional who worked tirelessly towards the development of the law education and structure in Zambia. His contributions, appeals and visions are well-documented. One of the most significant contributions from late Steven Malama was persuading the Government of Continue reading →

Dr. Rajan Mahtani’s Philanthropic Contributions To Education Recognised, Praised By Students

September 8, 2020 by DRMZambia

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Dr. Rajan Lekhraj Mahtani is a noted businessman, philanthropist and charity worker in Zambia. He is noted for several contributions for development of the Zambian society and economy. One of his significant contributions has been in the field of education, in the form of Steven Malama award. This award was instituted by Dr. Rajan Mahtani in collaboration with Finance Bank Zambia. Late Steven Malama was a distinguished legal professional, bar veteran who was known among his colleagues and friends as an influential legal professional. Late Continue reading →