Rajan Mahtani

Dr. Mahtani welcomes decision from the Zambian President

Dr. Rajan Lekhraj Mahtani, celebrated businessman and philanthropist from Zambia, have wholeheartedly supported the latest decision from the Zambian President. President of Zambia, Hakainde Hichilema, recently made a bold announcement on the eve of Africa day. In this announcement, he stated that he plans to abolish the death penalty law. This decision from the President received significant support from the general public. Dr. Rajan Mahtani specially supported this decision. Dr. Mahtani is known for his several philanthropic and charitable contributions over the years. One of his philanthropic contributions has been the Prison Fellowship Zambia. It is one of the most notable Christian Outreach Programs across the nation. The organization focusses on providing effective and fair criminal justice, teachings and gospel of Jesus Christ as well as fundamental human rights for the inmates from Zambia.

Dr. Rajan Lekhraj Mahtani, in a recent interview with the Mast Newspaper, stated that killing of the convicts by giving them death penalty is not a solution for increasing illegal activities across the nation. Even those on a death penalty row deserve fundamental human rights and human dignity. Dr. Rajan Mahtani stated that the practice of death penalty is inhumane, degrading and cruel and only a person who is passionate will be able to make such bold yet necessary statements. Also, the voice towards abolishing this inhumane practice is not new in Zambia as well as the world as several organizations and countries have already moved towards the practice of abolishing this inhumane law. Also, Dr. Rajan Mahtani stated that those who are working towards abolishing this practice are actually working towards assuring the inmates of the God’s rewards towards blessing and healing.

Dr. Rajan Mahtani highlighted that more than 380 inmates in Zambia are currently facing death penalty and are living a difficult life every day, not knowing their last day on this earth. Also, previous Presidents have tactically avoided the death punishment but not have worked towards abolishing it. As such, the announcement by Zambian President Hichilema is wholeheartedly welcomes.

Major Forbes Award Presented To Dr. Rajan Mahtani

Dr. Rajan Lekhraj Mahtani, a noted businessperson and philanthropist from Zambia, was recently conferred with one of the top philanthropy awards in Zambia. Dr. Rajan Mahtani is known for his significant philanthropic and charitable contributions across Zambia for several decades. As such, he was recognised at an international level. This recognition came from Forbes, which is one of the top business magazines across the globe. Forbes had recently organized the Forbes ‘Best of Africa’ award ceremony during the FIN ‘Philanthropy and leadership roundtable conference.’ The FIN roundtable conference is among the most anticipated and sought-after business events in Africa. Normally, the FIN event takes place in New York. However, this year’s FIN event was held online as a result of the ongoing Covid-19 pandemic and members participated from their respective locations. Also, the event was broadcasted across the globe via YouTube medium. Dr. Rajan Mahtani was also invited in this event as an honorary speaker and spoke about the significance of leadership in healthcare, which has been all the more realised during this time of the pandemic. Apart from Dr. Rajan Mahtani, several other members participated in the FIN event. These include international business committee members, political leaders, opinion leaders, religious leaders, entrepreneurs, businesspeople, international investors as well as media partners. It was a successful event that not only saw an authentic and meaningful roundtable conference but also a platform for collecting funds, capital, and investment for the ongoing and upcoming small & medium enterprise projects across Africa.

The Forbes-FIN event was further regarded for the addition of the Forbes ‘Best of Africa’ award ceremony. The award ceremony is looked upon highly and the recipients receive global recognition. The process of selecting the awardees is extremely transparent yet rigorous, comprising of months of verification processes, background checks as well as interviews and discussions. Dr. Rajan Lekhraj Mahtani, apart from being honorary speaker at the Forbes event, was also selected by Forbes as ‘Outstanding Entrepreneur of the Year’ award.

Forbes Identifies And Awards Dr. Mahtani For Philanthropy

Dr. Rajan Lekhraj Mahtani is one of the most popular, reputable, and mentioned businessmen in Zambia. For more than three many years, Dr. Rajan Mahtani has worked toward the growth and improvement of Zambian nation in both direct and oblique manner. His agencies along with Mahtani Group of Companies and Finsbury Investments aren’t handiest recognized to enhance the infrastructure and monetary reputation of the kingdom, but additionally provide employment and livelihood possibilities for several.

Dr. Rajan Lekhraj Mahtani was these days offered with the celebrated ‘Best of Africa’ award classes from Forbes. Forbes in partnership with FIN (Foreign Investment Limited) distributes ‘Best of Africa’ award on an annual basis. These awards are supplied to business personalities from one-of-a-kind fields for his or her numerous contributions towards the boom and development of Africa and its people. Dr. Rajan Mahtani become an honorary speaker at some point of the 2021 management and philanthropy conference which took place virtually on sixth August 2021. Also, he become additionally bestowed with prestigious ‘Entrepreneur of the Year’ 2021 award for his several contributions toward Zambian growth and development.

His agency Mahtani Group changed into installed in the 12 months 1981 and considering the fact that then the organisation has dedicated itself in the direction of improvement and growth of the much less privileged sections of the society. The conglomerate has improved its enterprise to Malawi, Zambia, South Africa as well as numerous different international areas. Furthermore, the conglomerate has elevated to numerous relatable and non-relatable sectors consisting of Insurance, Financial Services, Agriculture, real property, and mining. All these sectors throughout Zambia and Africa have obtained full-size contributions from Mahtani Group of Companies. Furthermore, Dr. Rajan Mahtani’s charitable and philanthropic contributions are innumerable. He has contributed to the correctional area with improvement of PFZ (Prison Fellowship Zambia) as well as welfare finances for ex-inmates, inmates in addition to their households. Dr. Rajan Mahtani has additionally subsidized several agricultural tasks, academic quarter packages as well as scholarship programs for improving the opportunities for Zambian law college students.

Dr. Rajan Mahtani

Dr. Rajan Lekhraj Mahtani Presented With Forbes ‘Business’ Awards

The Forbes business connect in Africa is well-known for its annual partnership with Foreign Investment Limited (FIN) philanthropy and leadership business awards. These leadership business awards are known a Forbes ‘Best of Africa’ awards and are among the most recognised and anticipated business and corporate awards across Africa. The awards are presented by Forbes and FIN, recognising and celebrating leading lights in the field of philanthropy and leadership and their contributions towards empowerment of the African nation. Dr. Rajan Lekhraj Mahtani, a noted businessman, charity worker and philanthropist in Zambia, was also invited in this leadership and philanthropy event as a honorary speaker. The event was held online as a result of the ongoing covid-19 pandemic and all members participated in this event from their respective locations. Dr. Rajan Mahtani spike about the significance of leadership in healthcare.

Apart from the roundtable conference, the event was the biggest highlight of the year for corporate Africa. This was due to the inclusion of Forbes’ Best of Africa’ awards. It is one of the most reputed and recognised business awards across Africa. Dr. Rajan Lekhraj Mahtani was conferred with the Forbes ‘Outstanding Entrepreneur of the Year’ award 2021, significantly for his contributions towards the banking sector and redefining it. Dr. Rajan Lekhraj Mahtani has made a name for himself for not only his business contributions, but also for his philanthropic and charitable contributions. Dr. Rajan Mahtani is the owner of several top companies in Zambia, including Mahtani Group established in the year 1981. The company has become one of the biggest conglomerates in Zambia, expanding to several sectors including mining, agriculture, energy, real estate, insurance and several others. Across each of these industries, Dr. Mahtani’ firms have been able to improve standards, local communities as well as provide employment and livelihood opportunities. Dr. Mahtani’s major philanthropic contributions include Prison Fellowship Zambia and Stephen Malama award and scholarship for top law graduates in Zambia.

Dr Rajan Mahtani

Forbes Business Awards Presented Along With Fin Conference

Forbes is among the biggest brands within business magazines. Forbes in partnership with FIN (Foreign Investment Limited) recently concluded the Forbes-FIN roundtable conference on philanthropy and leadership as well as the Forbes ‘Best of Africa’ awards. Dr. Rajan Lekhraj Mahtani, a noted businessman and philanthropist, was the only businessman from Zambia to be invited into the leadership and roundtable conference. Dr. Rajan Mahtani was invited as a honorary speaker and spoke about the significance of political leadership in healthcare.

Apart from the philanthropy and leadership conference, Forbes event was also well-known and highly anticipated for the Forbes ‘Best of Africa’ awards. The Forbes ‘Best of Africa’ awards is an annual award ceremony which recognizes and celebrates leading lights in the philanthropic and leadership arena. The award ceremony is one of the most regarded and respected and invites recipients from across Africa. Dr. Rajan Mahtani, apart from being invited as a honorary speaker in the event, was also conferred with one of the Forbes ‘Best of Africa’ awards. Forbes recognized the contributions of Dr. Rajan Lekhraj Mahtani in the field of banking and economy. Dr. Rajan Lekhraj Mahtani was conferred with the Forbes ‘Outstanding Entrepreneur of the Year’ 2021 award for his contributions in the banking sector and practically redefining it. The Forbes ‘Best of Africa’ award is a prestigious award and highly anticipated among businessmen and visionaries. The award is presented to those with significant contributions in philanthropic and leadership values and fields. Furthermore, the awards are highly regarded due to its association with Forbes as their developer. Along with this, the selection of the recipients is highly rigorous as they are selected after several verifications and background checks as well as interviews to understand their philosophies on leadership and philanthropy.

Dr. Rajan Lekhraj Mahtani, apart from his business contributions, is also known for his philanthropic and charitable contributions. Some of these contributions include Prison Fellowship Zambia and Stephen Malama award and scholarship for top law graduates in Zambia.

Dr. Rajan Mahtani Gives Eulogy For Late Kenneth Kaunda

Dr. Rajan Mahtani is a noted businessman and philanthropist in Zambia. The Zambian nation recently woke up to the sad news of the demise of the ‘Father of the Nation’ and the African Union Kenneth Kaunda. He was one of the most important freedom fighters for the Zambian nation. In his eulogy, Dr. Mahtani thanked Dr. Kaunda for his innumerable contributions to Zambian nation. The friendship between the Mahtani family and the Kaunda family goes way back when Dr. Rajan Mahtani’s father, late Lekhraj Mahtani, supported and collaborated with the independence fight with Dr. Kaunda. Both Dr. Mahtani and Dr. Kaunda have suffered numerous allegations during their lifetime and both have been able to brush them easily with transparency, ethics and integrity.

Dr. Mahtani is among those few businessmen in Zambia who is still following the path set by Dr. Kaunda, a path of honesty, transparency, faith in the god and a simple life. Dr. Kaunda was known for his selflessness and his love for the mankind and all its people. He was known for inspiring by God and its sacrifice towards the betterment of his people. He was also known for living his life fully and show others that age is never a factor when one’s wants to live and learn. Dr. Kenneth Kaunda had several hobbies and interests. He was a pianist, singer, guitarist, footballer, poet, writer, dancer as well as was known for his family values.

In his eulogy, Dr. Mahtani thanked Dr. Kaunda for his innumerable contributions to the Zambian society and nation. He has left a legacy of honesty, truth, purposeful life and transparency, ideals which each Zambian must follow for a fulfilled life. At the same time, it is important for the Zambian nation to continue the motto of ‘One Zambia, One Nation!’, a motto on which Dr. Kenneth Kaunda dedicated his life. The entire Mahtani family and the nation mourns the death of the first president of Zambian nation and prays for his blessings from heaven.

Dr Rajan Mahtani

SC Ends All Speculations Related To Portland Cement Ownership

Finsbury Investments identifies itself as a wholly-owned Investment company in Zambia. It is owned and managed by prominent businessman Dr. Rajan Mahtani, holding the position of Executive Chairman. Finsbury Investments took over majority shareholding and legal ownership of the Portland Cement Zambia limited through several restructuring processes. Based on an original shareholding agreement, the final shareholding pattern included 58 percent shares to Dr. Mahtani owned Finsbury Investments and 42 percent shares to Ventriglia-owned Ital Terrazzo Limited. Even though this share restructuring was accepted at first, the Ventriglia family decided to play another game. After Finsbury Investments secured the required loan from PTA as well as funds from several financial organizations, the authenticity of the shareholding agreement was questioned. This resulted in a case at the Lusaka High Court. Despite having all evidences and testimonials, the case not only dragged for more than a decade but also resulted in a controversial verdict.

Dr. Mahtani then approached the higher Court of Appeal with the objective of receiving justice. This time, his plea was heard and justice Mwinde announced Dr. Mahtani owned Finsbury Investments as the majority shareholder and legal owner of the Portland Cement Zambia factory. It seems like the Ventriglia family was extremely unhappy with this decision and proceeded towards launching another appeal, this time at the Supreme Court Zambia. It can be said that the attempt by the Ventriglia family to reach Supreme Court was their last resort. Nevertheless, the Supreme Court established a bench of three SC judges for evaluating the claim and found it to be misleading. It was found that the Ventriglia family was required to submit its claim within 14 days of the Court of Appeal’s judgement. However, the appeal was made after more than 1.5 years of the Court of Appeal. After proper evaluation, the Supreme Court Zambia came to the conclusion that the claim holds no ground and should be rejected.

Dr. Rajan Mahtani’s win at Court of Appeal

Dr. Rajan Mahtani’s win at Court of Appeal comes after significant challenges & roadblocks

Dr. Rajan Lekhraj Mahtani has finally won the curious and dragged case of Zambezi Portland Cement. However, this win comes after a lot of patience, sacrifice and loss for Dr. Rajan Mahtani. The Zambezi Portland Cement case was originally registered at the Lusaka High Court by Dr. Rajan Mahtani after claiming the illegal takeover of the factory. During the initial case proceedings only, the lawyers from Dr. Rajan Mahtani’s end shared all evidences and documents that were more than enough to prove his legal ownership over the factory. However, almost all of these evidences were ignored and the case ultimately dragged for more than a decade. There goes the patience. After that Dr. Rajan Mahtani rightly approached the higher Court of Appeal for justice.

Justice Mwinde on behalf of the higher court of Appeal announced final decision on 31st January 2019. This judgement was quick and was given within a time period of around nine months from re-appealing to the Court of Appeal. Therefore, it can be said that patience and perseverance of Dr. Mahtani paid off ultimately. On behalf of the Court of Appeal, justice Mwinde declared that Dr. Rajan Mahtani paid one billion kwachas or USD 250000 to the ZPC limited which covered the total value of share capital which Dr. Mahtani took over. The documents presented by the lawyers including the shareholders’ agreement of 2007 further confirmed this financial transaction and also clarified that Dr. Mahtani was not liable to any further costs which may occur.

However, all these came a little too late for Dr. Rajan Mahtani as the condition of the Zambezi Portland Cement after it was rightly handed over to Dr. Mahtani is miserable. The factory production has diminished significantly and the factory suffered significant loss. This is a loss for Dr. Rajan Mahtani too but he is positive that with hard work and patience he will be able to bring the factory back to its former glory.

Dr. Mahtani and Zambia

With heaps of evidences, Dr. Rajan Lekhraj Mahtani declared winner of the Zambezi Portland Case

There are individuals who engage in philanthropic activities only with the objective of gaining followings or establishing a positive perception among media and public. However, only few individuals are present who engage in these activities only in private for the welfare of the public. Dr. Rajan Lekhraj Mahtani is among those few businessmen in Zambia who is not only considered as among the most ethical and transparent business person in Zambia but is also noted for his charitable and philanthropic activities which often go unnoticed due to lack of publicity or any highlights. During his long business career in Zambia as well as other major nations such as United Kingdom, Dr. Mahtani has provided social, financial and economic relief to the local communities in various ways. Be it his charity activities for improvement of correctional centres in Zambia, donations to NGOs and environmental agencies as well as establishing businesses and ventures for providing employment opportunities to the local communities. Dr. Mahtani has always focussed on the people and their benefits before thinking of his own and his organisations. Despite this, majority of the organisations under the ownership of Dr. Rajan Mahtani have remained profitable since their inceptions. This has been possible by good management of people, increased motivation and therefore increased productivities.

The case of Portland Cement Zambia is same as it was established and run by Dr. Rajan Lekhraj Mahtani and achieved significant milestones under his leadership. After its unlawful takeover, Lusaka High Court was approached but the court failed to provide judgement despite dragging the case for more than a decade. However, Court of Appeal gave quick and accurate judgement on 31st January 2019 after looking into evidences like original shareholders agreement, financial transaction of 1 billion kwachas between Dr. Mahtani and Zambia Portland Cement and many more. Now the ownership of Zambezi Portland is final, the next step for Dr. Mahtani will be revamping the factory.

Dr. Rajan Mahtani

Dr. Rajan Mahtani Finally Wins Case On The Portland Cement Zambia After Court Of Appeal Win

The Portland Cement Zambia case is finally over after a wait of more than a decade. Dr. Rajan Lekhraj Mahtani, a noted philanthropist and businessman had to approach two different courts for getting justice. Despite this, he had to wait for more than a decade for true justice to arrive. The initial case was proceeded at the Lusaka High Court with several documents and testimonials, hoping that the judge will provide justice soon considering the black-and-white nature of the evidence. Despite this, the case proceedings dragged for more than a decade and it was during July 2017, the final declaration from Lusaka High Court came. However, it was a controversial decision as the evidences were ignored.

After Lusaka High Court neglected to give the equivalent, Dr. Rajan Mahtani put his confidence on higher Court of Appeal. He was not frustrated and Justice Mwinde in the interest of the higher Court of Appeal pronounced his announcement on 31st January 2019. This announcement was given simply in the wake of investigating the confirmations put together by the two gatherings. As per this proof, Finsbury Investments which is an organization possessed by Dr. Rajan Mahtani effectively paid a whole of USD 250,000 to the Zambezi Portland Cement restricted in the year 2005 for move of 58 percent share capital of ZPC. This cash which added up to 1 billion kwachas secured the whole estimation of the offer capital which Dr. Rajan Mahtani possessed. Along these lines, Court of Appeal has lawfully demonstrated Dr. Mahtani as the real and legitimate proprietor of the Portland Cement Zambia manufacturing plant.

With this decision from the Court of Appeal judge, it is also clear that the previous judge was wrong in declaring Ventriglias as only shareholders as this decision was given without looking into evidences or testimonials.