Tag Archives: Mahtani Group of Companies

The Chairman of Finance Bank Zambia, Dr. Rajan Mahtani has vacated his seat because of a hostile attack from the Ventriglia family. The latter have ensured that Dr Rajan Mahtani remains aloof from challenging the infamous takeover of the Zambezi Portland Cement Factory on April 7, 2015. Reliable sources suggests that Kaizer Zulu, Presidential Political Affairs assistant, has been heavily funded by the Ventriglias with a view to get Rajan Mahtani arrested on a charge which previously dropped in his name under a ‘Nolle Prosequi’ Continue reading →

The Finance Bank of Zambia has announced that it is working under intensive plans to offer better services to the locals as well as in the international clients. On Wednesday, May 20 2015, the Managing Director of the Finance Bank Zambia, Barkat Ali announced that the bank is looking forward to expansion activities by focusing upon customer service and use of advanced technology. On May 19 2015, the Finance Bank has already sanctioned a collective salary agreement for its employees and has ensured that steady Continue reading →

The Workers at the Zambezi Portland Cement Factory are in a state of shock at the behaviour of the new management group. On one hand, they have not paid salary to workers for the month of April and on the other hand, they are boasting that they will offer 10% salary hike to the employees from the upcoming month. The situation looks like a publicity stunt where the Ventriglia family has realized that its corruption reports are reaching the media channels and with a view Continue reading →

The board member of the Zambezi Portland Cement factory has presented a concern regarding the state of affairs at the Zambezi Portland Cement Factory. A dramatic change took place at the premise of the ZPC on April 7, 2015 when the Ventriglia family surrounded the premise of the factory and took over its management in ‘Mafia Style’. Since then it has been a mayhem. The month of May was full of worries for the employees of ZPC. After the change of management, the employees were Continue reading →

The Zambia Reports on May 6, 2015, published another imaginative story which tries to convince the readers that the Zambezi Portland Cement Factory is now owned by the Ventriglia family. The author tries his level best to convince people that the High Court has offered them this justice and has dismissed the claim which Finsbury Investments had placed earlier. However, when it comes to relating matter with facts, the Ventriglias have completely forgotten that it is the same court whose inunctions was nonchalantly ignored on Continue reading →

May 1 is celebrated as Labor Day, a day dedicated to the labors where they can relax and have fun. However, for the workers of the Zambezi Portland Cement Factory the Labor Day was full of struggle and embarrassments. Denied of their salaries for the month of April, the workers of ZPC have now nothing to do as they find themselves helpless and at the mercy of the Ventriglias. After the infamous ‘mafia style’ takeover on April 07, 2015, the Ventriglias have looted the Zambezi Continue reading →

The Ventriglias have ignored all the prior warnings that the High Court of Zambia had given them with respect to their power of operation in the Zambezi Portland Cement Factory. The Ventriglias own about 42% of shares in the ZPC and are currently under minority group of shareholders. However, with a thirst for power that have started to use the channels of bribery and paid conspiracies to defame Finsbury Investments and Dr. Rajan Mahtani. The High Court of Zambia has issued strict order to the Continue reading →