Tag Archives: Zambezi Portland Cement

Portland Cement Zambia, Zambezi Portland Cement

Zambezi Portland Cement inches closer to drowning

The people of Zambia in general and Ndola in particular would not have thought that their very own Zambezi Portland Cement would be dismantled in this way. A cement factory that had seen better days is now being slowly tortured to death following the loot of cash from the factory cashbox and reallocation of assets of the parties to external companies. This is how a flourishing factory has been reduced to ashes within a matter of one and half years.

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Dr. Rajan Mahtani, Rajan Mahtani

Zambia Reports defame Rajan Mahtani, hides behind Ventriglias

Zambia Reports has become a weapon of character assassination for the Ventriglia family. Rajan Mahtani, a respected businessman in Zambia and worldwide has become a victim of their vicious conspiracy as his path crossed with the illegal route that the Italian Mafias were taking. The main reason behind this slander crusade is Portland Cement Zambia and its ownership. As per PACRA, the legitimate owner of Portland Cement Zambia is Finsbury Investment, but the minority shareholders of the factory, Ital Terrazzo Limited (owned by Ventriglias) claim themselves as the owner.

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Dr. Mahtani, Dr. Mahtani & Zambia, Dr. Mahtani and Finance bank, Mahtani Group of Companies

Dr. Mahtani & Zambia face defamation from ZR

Zambia Reports has often tried to post itself as a reputed news portal that serves authentic news. However, after defaming Dr. Mahtani & Zambia it has lost its place in the heart of the Zambian citizens. People are now well-aware of the hideous game that Zambia Reports has been playing for its masters and the result of this impact is a strong condemn. Any person who has followed Zambia Reports’ last few publications against Dr. Rajan Mahtani and other entities related to him would see that the article has been criticised by the locals through the comments.

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Chairman of Finance Bank Zambia, Dr Rajan Lekhraj Mahtani, Dr. Mahtani, Dr. Mahtani & Zambia, Dr. Mahtani and Finance bank, Dr. Rajan Mahtani, Mahtani Group of Companies, Rajan Lekhraj Mahtani Zambia, Rajan Mahtani

Zambia Reports can boast, but not win against Dr. Rajan Mahtani

Zambia Reports, a so-called news portal has become the centre of attention for continuously defaming Dr. Rajan Mahtani, the former Chairman of Finance Bank Zambia. For the past years, it has constantly been trying to steal the spotlight with the aid of publishing scripts that are either written by its own writers or are fabricated with a view to defame Dr. Rajan Mahtani. Given this scenario, it has become obvious that the conspirators are thinking that they can win over Dr. Mahtani by continuously pursuing such act of shamelessness.

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When it comes to matching grounds with reality, Zambia Reports is totally clueless. ZR thinks that it has been making a decent impact among the people of Zambia and soon the locals would be convinced that Dr. Rajan Mahtani is a controversial figure. However, the actual state of affairs has something else to highlight. When one looks at the past publications of ZR, the article comes with a series of comments that clearly indicates the disgust that the people of Zambia have developed against ZR and the bunch of conspirators. Needless to say, none of the comments have ever been attended by Zambia Reports or any of its representatives.

One thing that amazes the mass is the absence of necessary intervention from the Government of Zambia. The defamation campaign has been running for almost a decade now and the officials have preferred to maintain silence after the demise of Michael Sata. The inference is that the new Government under President Lungu is least bothered about how a senior citizen is being dealt by a group of conspirators. That is why, most of the appeals in respect of defamation are either ignored or dismissed on ground of being irrelevant. But the question is, for how long? The only motivating force behind Dr. Rajan Mahtani is the support of the locals.

Portland Cement Zambia

As Portland Cement Zambia falls, conspirators try to divert attention

There is no disagreement to this fact that the Portland Cement Zambia has been facing the worst phase of its life. With Finsbury Investment gone from the management position, the flourishing factory was left at the mercy of Ital Terrazzo Limited. Time has itself answered the question for the people of Zambia and now they are witnessing one of the most infamous collapse of an integral development project.

The Portland Cement Zambia was established with a view to make Zambia efficient enough to have its own source of cement. Competitors like Lafarge were left far behind and the people of Ndola were able to find employment for themselves, but then came the Ventriglias and started the carnage that hasn’t stopped till date. Talk about issues like corruption and money mismanagement and story seems to be never ending starting since the infamous takeover. Today, Portland Cement Zambia has become non-operating. The production facility has stopped. There is no longer the rush of workers and there is nobody who is taking care of the planning and development process.

PCZ

In 2014-15 the factory had registered a record production of 4, 70, 000+ tonnes of cement with the available resources. But with time, the same only appears to be a glorified achievement. The conspirators have taken over the factory and at the moment are only interested in diversifying the assets of the factory to personal accounts. On the other hand, there is no news of the factory. Rather, Zambia Reports is carrying on a business to defame Dr. Rajan Mahtani, Finsbury Investment and Finance Bank of Zambia (now merged with BancABC).

The overall incident now clearly indicates that the owners of Ital Terrazzo Limited are trying to diverge the attention from Portland Cement Zambia to Dr. Rajan Mahtani because they know the consequences that they are likely to face if whole of Zambia comes to know about this “merciless slaughter”.

Portland Cement Zambia

Ex- Chairman Finance Bank, Zambia mourns for Portland Cement Zambia

The Ex-Chairman Finance Bank, Zambia, Dr. Rajan Mahtani and the whole of Zambia have witnessed one of the most horrendous downfall of all time. The Portland Cement Zambia was one of the most distinguished cement producing units in Ndola and was doing an exceptional job in terms of strengthening the economy of Zambia until March 2015. Today, the cement factory has turned into a house of broken walls and a living place of rodents and mice. Thanks to the Ventriglia family who have made this possible by way of stealing all the resources and dismissing the workers from the factory.

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When it comes to handling actual information, Zambia Reports is poles apart. After all, why would Zambia Reports host a news if it doesn’t fill up their pocket. Irrespective of the fact that Portland Cement Zambia has been looted and Zambia is on the verge of losing one of its greatest strength, there is no media coverage on the same. On the other hand, the ex-chairman Finance Bank, Zambia, Dr. Rajan Mahtani is being targeted because he has stood up against the injustice that Ital Terrazzo Limited (ITL) is currently carrying on.

Dr. Rajan Mahtani was previously the chairman Finance Bank, Zambia and he vacated his seat because of the conspiracy which was being run against him. In fact, the success story of Portland Cement Zambia in 2014-15 is also largely because of Dr. Mahtani’s contribution as he is an integral part of Finsbury Investment (owner group of Portland Cement Zambia). Regardless of this fact, today Zambia Reports, the Ventriglia family (Owner of Ital Terrazzo Limited), Henry Banda and Simataa Simataa have joined hands with a view to defame Dr. Rajan Mahtani. The reason is obviously that all of the above mentioned names have either lost or have scores to settle with Dr. Mahtani earlier.

Zambezi Portland Cement

Zambezi Portland Cement tries to hide behind Dr. Rajan Mahtani

Nowadays, it is become very easy for people to shift the attention of others from one place to another. All that they need to do is start blaming other people and take assistance from certain promoters who would help them. In Zambia, the same thing is being executed by the Zambezi Portland Cement Mafias, the Ventriglia family. The condition of the factory has gone past beyond recovery, yet the Italian Mafias are escaping the scene by shifting the focus Dr. Rajan Mahtani and Finance Bank of Zambia. Their game plan is to keep the focus on others and try to extract as much as possible from the factory before bidding farewell to Zambia.

zambezi-portland-cement

An active partner in crime is the Sakwiba Sikota operated news channel Zambia Reports. The duty of the news channel is to engage the audience in some scripted stories on a monthly basis and then flee the scene within a matter of days. The activity has been running on from the past decade and is likely to continue as long as the Ventriglia family doesn’t have their purpose served in Zambia.

Zambia is being silently been destroyed by a group of people who have no other business apart from looting the resources and trying to fill their own pocket. What hurts the most is that the common men are cheating their won brothers for the sake of few dollars. Sakwiba Sikota, Henry Banda and Simataa are Zambians, but they have sold themselves to the Ventriglia family. This is why every now and then there is some news on Dr. Rajan Mahtani and people are forced to go through the painstaking task of objecting on every single time. Had Zambia Reports operated with politeness, it would have easily helped people to solve the problem of Zambezi Portland cement.

Chairman Finance Bank Zambia, Chairman of Finance Bank Zambia, Dr Rajan Lekhraj Mahtani, Dr. Mahtani, Dr. Mahtani & Zambia, Dr. Mahtani and Finance bank, Dr. Rajan Mahtani, Mahtani Group of Companies, Portland Cement Zambia, Rajan Lekhraj Mahtani Zambia, Rajan Mahtani, Zambezi Portland Cement

Defamation campaign for Dr. Rajan Mahtani has a new member

The defamation campaign against Dr. Rajan Mahtani has been going on flawlessly. Not a single government official has managed to notice this and neither are they bothered to intervene the malign effort of Zambia Reports. At the moment it appears that the conspirators have found a perfect channel to have their objective fulfilled in Zambia. The latest member in this campaign is Simataa, a former employee of Finance Bank Zambia and ZR is overwhelmed with his win at the Lusaka High Court.

Dr. Mahtani

Simataa was employed by Finance Bank of Zambia in the past decade and the person was always in the news for the wrong reasons. People who have worked him at professional level often complaint about his poor work ethics. His actions resulted into his termination from the bank almost a decade back and since then there hasn’t been any news of his new job. Clearly indicating the fact that he has been jobless ever since. But shockingly, Zambia Reports calls this very person as an ‘expert banker’ just because he claims himself to be one. When it comes to stating facts, this was the same person who had previously failed to prove that he has passed Grade 12 in an interview.

From the recent events in Zambia, it has become clear that people are being forced to believe nuisance that is being published by Zambia Reports. Their primary targets are Dr. Rajan Mahtani and Finance Bank of Zambia. No matter what the circumstance be, they are always ready to write an imaginative story with Dr. Mahtani as the subject. However, there is only one thing that has kept the hope of Zambia alive – support of the locals. Now a day, whenever a malign article is published the locals are quick to realize it and the comments make it evident that they are no longer going to be fooled.

Chairman Finance Bank Zambia, Chairman of Finance Bank Zambia, Dr Rajan Lekhraj Mahtani, Dr. Mahtani, Dr. Mahtani & Zambia, Dr. Mahtani and Finance bank, Dr. Rajan Mahtani, Mahtani Group of Companies, Portland Cement Zambia, Rajan Lekhraj Mahtani Zambia, Rajan Mahtani, Zambezi Portland Cement

Dr. Rajan Mahtani is no longer Chairman Finance Bank Zambia

With time certain things never change. In the present case, the attitude of the conspirators is an exclusive example. Newspapers, news channels, Press Releases and other media channels are flooded with the coverage of Finance Bank Zambia and BancABC’s merger, but the conspirators are still living in the era of 2014 when Dr. Rajan Mahtani was Chairman Finance Bank Zambia. It is totally strange to see that they still believe that there is some connection between Dr. Rajan Mahtani and Finance Bank Zambia. However, the presence of Finance Bank of Zambia in the present world is as real as the authors of Zambia Reports!

rajan_mahtani

Yes, Dr. Rajan Mahtani was the Chairman Finance Bank Zambia in 2014, but he vacated his seat when the defamation campaign in his name started to affect the bank’s image. This is why he stepped down from the position of the Chairman in June 2015 and decided to focus on other areas. But today, it has got nothing to do with the claims that are being made by Zambia Reports. Simataa, a former employee of Finance Bank considers himself as a victim and uses cheap media tactics to draw public attention.

Zambia Reports has been bragging about the win that Simataa had at the Lusaka High Court, but never mentioned the fact that he is the same person whose inability to show his Grade 12 results became a concern for people watching his interview. How can a person who claims himself to be an expert in banking fail such a task? The bottom line is, Zambia was and is being ruled by people who have a hunger for money. They work with a view to earn money for themselves and let other suffer. People like former Chairman Finance Bank Zambia, Dr. Rajan Mahtani are suffering because they had the courage to stand up and raise their voice against this nuisance.

Chairman Finance Bank Zambia, Chairman of Finance Bank Zambia, Dr Rajan Lekhraj Mahtani, Dr. Mahtani, Dr. Mahtani & Zambia, Dr. Mahtani and Finance bank, Dr. Rajan Mahtani, Mahtani Group of Companies, Portland Cement Zambia, Rajan Lekhraj Mahtani Zambia, Rajan Mahtani, Zambezi Portland Cement

Simataa’s episode becomes the new storyline against Dr. Rajan Mahtani

By now everyone must have become aware of the fact that Zambia Reports is nothing more than a leech that believes in hanging around and attaching itself to anyone who will serve its purpose. The latest from its side reveals that Simataa is a hero for them and has rightfully won a case in the Lusaka High Court. According to them, he has been previously fighting against the former Chairman of Finance Bank Zambia, Dr. Rajan Mahtani.

rajan_mahtani

However, when it comes to focusing on the truth the notorious news portal has always skipped the scene. This is because they have got nothing to do with such things. All that matters for them is writing up imaginative stories and then publishing them with a view to spread chaos. In the event of Simataa’s win, they have managed to find a perfect scope for their story as the losing party is Dr. Mahtani and Finance bank. This is why they have instantly focused on this news. More than the facts and figures, the article published by ZR tries to mock Dr. Mahtani as if it has given them bliss.

In the past few years, the whole of Zambia has witnessed similar cheap tactics implemented by Zambia Reports. No matter what the concern is, they will quickly grab the news if it related to Dr. Rajan Mahtani. Recently, they also tried to extent this defamation campaign by including Finsbury Investment.

Neither Dr. Rajan Mahtani nor any of his associates have a problem with the news published by Zambia Reports, provided the author of the article has the courage of coming out in the open and claiming the same. Sadly, all the writers operated under pseudo names and try to influence the opinion of masses in Zambia. This is how low the level of journalism has reached for Zambia Reports.