The Portland Cement Zambia has remained as a topic of conflict in the past few months. With total shares being split up in 58% and 42%, the minority shareholders (the Ventriglia family) of the factory have unleashed their thirst for power by attacking the majority shareholders (Finsbury Investments). On June 2 2015, the Ventriglia family […]
Category Archives: Portland Cement Zambia
Former Finance Bank Chairman, Dr. Rajan Mahtani released & granted a Judicial Review
The Former Finance Bank Chairman, Dr. Rajan Mahtani has been released from jail on June 6, 2015 as there were insufficient evidences and arguments to support that fact that the accused had committed criminal offenses in 2006. According to confirmed reports, Dr. Mahtani was seen signing a document named as ‘Release and Compromise; where it […]
Finance Bank Zambia has a new Chairman as Ventriglias target Dr. Rajan Mahtani
The Finance Bank of Zambia has a new Chairman in form of Mr. William Boli Nyirenda as the former Chairman, Dr. Rajan Mahtani has stepped down. The news came shortly after it was disclosed that Dr. Mahtani was going to be arrested for an offense in 2012 which was previously closed. Since the Ventriglia family […]
Vice Chairman of Prison Fellowship Zambia praises Dr. Mahtani
On one side where the funded newspaper portals are making constant efforts to defame Dr. Rajan Mahtani, the Vice Chairman of Prison Fellowship Zambia, Bishop Enocent Silwamba has praised the Finance Bank Chairman for his valuable contribution. In November 2014, PFZ had hosted a board meeting where the contribution made by Dr. Mahtani was praised. […]
Dr. Rajan Mahtani presents a solution for Zambezi Portland Cement
On behalf of Finsbury Investments, Dr. Rajan Mahtani has pleaded the High Court of Lusaka to wind up the Zambezi Portland Cement. The Finance Bank Chairman was forced to take this action because the minority shareholder of the ZPC, the Ventriglia family had previously taken over the management of the company by force and had […]
Zambezi Portland Cement Factory- Inside Story
Over the past 6 weeks, the major news spreading across Zambia is of the Zambezi Portland Cement Factory based in Ndola. As per reports, there is a constant rivalry and war between the Ventriglias family and the Finsbury Investments over the factory’s ownership. As of now, Finsbury Investments are the majority stakeholders with 58 % […]
The Ventriglias implement media power to supress Dr. Rajan Mahtani
The Ventriglias, or more commonly known as the ‘Italian Mafia’ have implemented a new strategy to claim that they are the actual owners of the Zambezi Portland Cement Factory. They have strategically used the power of media and published new articles which claims that Dr. Rajan Mahtani had previously forged the signature of Antonio Ventriglia […]
Undetermined future of Zambezi Portland Cement Factory, Dr. Mahtani worried about workers
The future of the Zambezi Portland Cement Factory is currently standing at a point where its future looks dark and miserable. Since its takeover in early April, the Ventriglias have only managed to exact money from the office’s cash box and ensured that their personal account remains funded. By citing false references and scripted stories, […]
Finsbury Investments- The true owners of Zambezi Portland Cement Factory- 2015
The time has finally come when the people of Zambia would be introduced to the truth. With numerous false claims and scripted stories, the Ventriglias tried their level best to manipulate the Zambian political environment and news portals. However, it is time to unveil the truth with the help of some concrete evidence. Here is […]
The Ventriglias steal Zambezi Portland Cement, disrespects Zambia High Court’s Injunction- 2015
Irrespective of an injunction by the High Court of Zambia, the Ventriglias invaded the Zambezi Portland Cement Factory at early morning and caused panic among 700 employees who were present in the factory at the time of invasion. The Ventriglias family were minority shareholders in the Zambezi Portland Cement Factory and owned 42% of the […]