Category Archives: Chairman Finance Bank Zambia

Dr. Rajan Mahtani sets a new hope for Luapula Province

Dr. Rajan Mahtani

Luapula Province has been one of those areas in Zambia, where the pace of development is almost next to nil. The locals find it hard to survive and make a contribution towards the development of the nation. Under such circumstance, Dr. Rajan Mahtani has come up with a plan to aid the requirements of the locals and plan a channel of developments in Luapula Province through setting up a bio-ethanol plant. The plant will generate employment for the locals and will aid the output from the region. The project is being developed at a cost of USD 190 million and will be financed by Sunbird Group and the Mahtani Group of Companies, jointly.

Rajan Mahtani makes Zambia happy, once again

The name of Rajan Mahtani has often been associated with development and motivation. His presence alone is good enough to ensure that the people of Zambia feel determined to make a difference and move ahead towards a brighter future. After the news of BancABC’s takeover on the FBZ surfaced, most of the people would have thought that Rajan Mahtani is now planning to retire. But, then came a shocker in the form of a bio-ethanol plant in the Luapula Province.

Rajan Mahtani

There are confirmed reports that the Mahtani Group of Companies and Sunbird Group have formed an alliance to develop a bio-ethanol plant in the Province of Luapula, Zambia. The plant would be constructed at an expense of USD 190 million and about 7000 people would be employed for meeting the requirement of the workforce. A crucial factor about the development of the bio-ethanol plant is the use of Cassava, a local crop, which is available in abundance in the nearby region. The threat to the surrounding environment would be minimal as the plant is a bio plant.

This is not the first time that a contribution from Dr. Rajan Mahtani has brought smiles to thousands of Zambians. In the past, Radisson Blu, Finance Bank Zambia and Portland Cement Zambia have also helped the locals to find a decent employment and contribute to Zambia’s success. Due to his philanthropic nature Rajan Mahtani has become one of the most influential personalities in the Zambia. Sadly, this has also resulted in attracting conspirators who are jealous of his achievements and wish to defame him. Zambia Reports has been one of the core contributors towards the defamation campaign and continues to execute the same even after being given legal warning. Life in Zambia would have been pleasant and fruitful, had corruption and bribery been not promoted by some corrupt people.

Dr. Mahtani & Zambia see a brighter future

With recent developments, it has become evident that Zambia is fighting obstacles in its path and is looking forward to strengthen its economy. One of the most important upcoming projects for Zambia is the bio plant which would be built in Luapula Province and would be financed by the Sunbird Group and the Mahtani Group of Companies, jointly. With a total investment of USD 190 million, the plant would allow the locals to get an opportunity to earn along with helping Zambia to be self-sustained.

Dr. Mahtani & Zambia

As per the given estimates by experts, the project is expected to create a direct employment of more than 9000 workers and an additional input of about 25000 farmers would be required to supply the basic input, cassava. The development will result in ancillary industries. To sum up, the whole area in Luapula Province will be able to share the fruits from the plant which will be setup under the vision of Dr. Mahtani & Zambia.

In future, we are all sure that there would be more projects like this that will help Zambia to develop itself and become independent. The most difficult part of a campaign is to get it started. And in the present case, Dr. Rajan Mahtani has taken the initiative to ensure that Zambia’s development continues to take place. Previously, there was a number of obstacles thrown in by the conspirators to stop and harass the former Finance Bank Chairman, but nothing could stop Dr. Mahtani & Zambia.  In the days to come, Zambia is bound to share a glorious future with other developing nation and one of the standing pillars would be Dr. Rajan Lekhraj Mahtani. The man has dedicated his whole life towards helping the poor and serving as the pride of the nation. It is time that Zambia acknowledges his contributions and support him.

Dr. Rajan Mahtani attacked by ZR and Ventriglias- 2016

The Executive Chairman of Mahtani Group of Companies, Dr. Rajan Mahtani has once again become a victim of conspiracy planned by Zambia Reports and the Ventriglia family. This time the resignation of Miles Sampa has become the subject of defamation. According to Zambia Reports, Miles Sampa is ‘Mahtani’s boy’ and was working with a view to establish a link between President Edgar Lungu and Dr. Rajan Mahtani.

Dr. Rajan Mahtani

Meaningless claims, fabricated stories and trash talking signifies Zambia Reports. For them, morals and professionalism are just words. They are more interested in filling up the bank accounts through executing campaign of people who are ready to fund them. Dr. Rajan Mahtani, a respected businessman in Zambia has become a victim of their defamation campaign just because the Italian Mafias are ready to pay a good amount to ZR for executing the same. In the past years, a glimpse of such shameful campaign has been seen when ZR tries to brag that the name of Dr. Rajan Mahtani has been removed from PACRA and later on it was learned that it was the hideous crime of a lawyer of the Ventriglia family who had forced a junior officer to make the changes; without the permission of the High Court.

For the past few months, the conspiracy had gone silent. People may have started to wonder that whether ZR has learnt from its mistake and has started to work as a neutral news portal. Sadly, the assumption went in vain as ZR is back with its series of defamatory news for Dr. Rajan Mahtani. They have now convicted Dr. Mahtani of being involved in a political affair. The truth is that the Zambian Businessman has nothing to do with politics in Zambia. Nevertheless, ZR is too ignorant to consider this fact. All that they know is- money has been transferred, so defamation has to run!

Rajan Lekhraj Mahtani, Zambia praised for the bio-ethanol plant

Rajan Lekhraj Mahtani, Zambia, is a person who has lived a life full of challenges and as stood as the pillar of hope for the people of Zambia. He has presented another beautiful scope of development for the people of Luapula Province in the form of a bio-ethanol plant. The proposed plant is yet to take a physical shape, but by 2017, the plant would be ready to roll the seeds of development of Africa.

Rajan Lekhraj Mahtani Zambia

In a country where maximum resources are underutilized, it is important for leaders to discover new potentials and develop the same. The bio-ethanol plant would be using cassava crop as its primary input and in the region of Luapula, Cassava is available in abundance. This means that the locals will have employment as well as development of various ancillary industries. The total investment in this project will be closer to USD 190 million.

The project has gained widespread attention in Africa and even the President of Zambia, Edgar Lungu, appreciated the contribution of Mahtani Group of Companies and Sunbird Group. The development is welcomed in Zambia from the perspective of economic development as well. As soon as the bio-ethanol plant will start its operations, the dependence on imports will also fall and Zambia will become more sustained. The people who were paying higher prices as a result of import duty will now be paying less and be strengthening their GDP. Rajan Lekhraj Mahtani, Zambia has been an inspirational figure for thousands. People who know him are well aware about the life he lives and the thoughts that he possess. May it be in the banking industry or hospitality, he has never backed out of any challenge. Recently, the Finance Bank of Zambia was sold to BancABC at a valuation of close to USD 62.5 million.

Rajan Mahtani makes another promising impact

Rajan Mahtani, the former Chairman Finance Bank, Zambia and the presiding Chairman of Mahtani Group of Companies has been the reason to numerous developments in Zambia and the rest of Africa. The year 2016 will be a year full of challenges as he is looking forward to make several contributions through development projects. One of the most highlighted project is the bio-plant which would be setup in Luapula Province. The project has gained widespread attention and has ensured that Africa continues to follow the channels of development.

Rajan Mahtani

The proposed bio-ethanol plant is being setup under the vision of Rajan Mahtani. With a view to draw foreign investment, the inclusion of Sunbird Group has been made and the Government of Zambia seems pretty pleased with the way things have been going on. The proposed plant will be complete by 2017 and will be offering employment to atleast 7, 000 people through direct and indirect means. Additionally, the locals would also be motivated to grow Cassava, the local crop of Luapula Province as the same would be used as the basic input. Some 25, 000 farmers’ output would be required to meet the requirements of the bio plant.

Rajan Mahtani has been a victim of conspiracy in the past years. There are people who are jealous of his popularity and look forward to defame him. Zambia Reports, the Ventriglia family and Saki (Sakwiba Sikota) are some of the key names who have contributed towards the defamation campaign. The Government of Zambia, under President Edgar Lungu, has done nothing prominent to curb this growing nuisance. Nevertheless, it has not stopped Rajan Mahtani from laying the foundation pillars of development in Zambia. Dr. Mahtani is and will be the force that Zambia experiences in its realm of development. Hindrances will continue to come, but the truth is pure and will prevail in the end.

Dr. Rajan Mahtani, an inspiration for every Zambian

Dr. Rajan Mahtani, a name which Zambia is proud to associate itself with, has paved the way to development throughout his career. Right from the Finance Bank of Zambia to the upcoming bio-ethanol plant in Luapula Province, every decision is a remarkable example of leadership. But as said, a favourite has no friend, it was difficult for Dr. Rajan Mahtani to come up to the position which he is currently occupying. Conspirators continue to taunt him and try to defame him through stories which are purely based on imagination and fabrication.

Dr. Rajan Mahtani

Recently, Zambia Reports claimed that Dr. Rajan Mahtani was claiming FBZ to be his property, even though he has sold the same to BancABC, within the next few days, they have come up with another claim where they were claiming the FBZ has not been sold to BancABC yet, and the process was getting hindered. Any person, who is of sane mind can easily recognize that Zambia Reports is lying in the face of its readers and hence, the same should not be tolerated under any cost.

Many people have already started to ignore the publications of Zambia Reports as they are convinced about the corruption which ZR breeds for the greed of money. Dr. Rajan Mahtani has been under the firing line of Zambia Reports because the minority shareholders of Portland Cement Zambia as paying Saki a good amount of money. In return, Saki is doing the honours for the Mafias by allowing his writers to write a rubbish story and then promote the same with the aid of Zambia Reports. Dr. Rajan Mahtani has been convicted of any forgery by the court, still ZR is busy claiming the same and is continuing with the shameful campaign.

Zambia was and will be Pure. No amount of corruption can put down the efforts of people like Dr. Rajan Mahtani.

Dr. Mahtani & Zambia wins President’s confidence

The bio-ethanol plant which is proposed to be setup in Luapula Province has gained widespread appreciation from the locals as well as the President of Zambia, Edgar Lungu. The news of a tie-up between the Sunbird Group and Mahtani Group of Companies has ensured that the project remains feasible for the region along with a support of USD 190 million. With this news, it has become obvious that Dr. Mahtani & Zambia are moving ahead in the direction of development.

The development will contribute in a variety of manners. First of all, the dependence of Zambia on oil import would decrease as the bio-ethanol plant would generate 120 million liters of oil yearly. The total expense of the Zambian Government would come down by a considerate level through this setup. Secondly, there will be an increase in the total number of employment opportunities for the locals. As per the forecast, there will be about 7,000 people who will be employed in the operations. And thirdly, the bio-plant will also offer a boost to the ancillary industries who will offer additional such as food for workers, raw materials, etc.

The President of Zambia, Edgar Lungu is extremely pleased with the affairs and looks forward to have further participation of Sunbird Group. However, the dark clouds of conspiracy from the Ventriglia family and Zambia Reports continues to create havoc in Zambia as imaginative stories and false claims continue to haunt Dr. Mahtani & Zambia. Over the years, the same has been running under the guidance of Sakwiba Sikota, but it is sad to realize the fact that the Government has not done much to preserve the interest of its citizens. Nevertheless, Dr. Mahtani & Zambia will not back out from the challenges which has kept in the path by the conspirators. Zambia was free and will be free!

Dr. Mahtani & Zambia

Dr. Mahtani & Zambia

Zambia Reports gets confused between Dr. Rajan Mahtani and Santa

We are just days away from Christmas and it appears that Zambia Reports is planning a Christmas themed defamation campaign against the Chairman of Mahtani Group of Companies, Dr. Rajan Mahtani. As per their latest publication, Dr. Rajan Mahtani has gifted Toyota Land Cruiser V8 to two people, namely, Chanda Mfula & George Chellah. Meaningless arguments in the article continue to try and link these two personalities with Dr. Mahtani and tries to beg people for believing their point of view. The incident has made it clear that the authors of Zambia Reports are just trying to shoot in the dark and expecting one of the their bullets to hit the target.

Dr. Rajan Mahtani

December is the month, when the whole world gets into a festive mood. With Christmas, we welcome Santa, but Zambia Reports has made Dr. Mahtani ‘Father Christmas’ and has convicted him of showering gifts to people because they had previously helped him. After the loss at Lusaka High Court and busting the myth of Raddison Blu, this news is the latest addition from Zambia Reports. The people of Zambia have developed a clear insight about the quality of news, which is published by Zambia Reports and this is why they have started to ignore them.

No matter how many imaginative stories are published by Zambia Reports, the truth will never change. The world has seen the true face of Zambia Reports (though nobody has seen the face of the authors, yet!), it is being regarded that this news portal is on the target of the Zambian Law. Very soon it will be pulled down as it continues to abuse the powers of journalism and is creating a bad name for Zambia and its people. Nevertheless, we can expect Zambia Reports to come up with a new story very soon and this time the topic can be the New Year Party.

Dr. Mahtani & Zambia win at Lusaka High Court

Dr. Mahtani & Zambia have recently received a judgement from the Lusaka High Court where it was found that Dr. Rajan Mahtani cannot be put under questioning with respect of a case which was previously declared as ‘Closed’. The incident ignited in 2015, when the Ventriglia family made a shocking comeback, under circumstances which were undisclosed, and started to target Dr. Mahtani and Portland Cement Zambia since April 2015.

The month of April 2015 witnessed one of the most infamous incidents in the land of Africa. The Italian Mafias took over Portland Cement Zambia through illegal means and claimed that they were the actual owners of the factory. In June 2015, they got Dr. Mahtani arrested on account of forgery and it was only after the judgement of the Lusaka High Court that the nation learnt that Dr. Mahtani & Zambia, both were immune to the conspiracy of the Ventriglias.

Dr. Mahtani & Zambia

After the judgement on November 19, 2015, the conspirators have ventilated their anger through Zambia Reports. In an article, they have claimed that the High Judge was bribed by the Dr. Mahtani and as a result, his prosecution was not entertained by the High Court. However, an important fact which was overlooked in this regard is that they have insulted a judge as well. No judicial system in the world would tolerate such a sad event. It is absolutely senseless for the conspirators to make such cheap remarks.

Over the years, the conspirators have continued to create a nuisance and it is their fault that they have become a serious concern of Zambia and the rest of Africa. They have already been deported from Africa in 2012 and this time around, they are again forcing a similar situation. Many people believe that they will again be deported from Africa very soon.