Zambezi Portland Cement

The case of Portland Cement Zambia can be described as among the most high-profile corporate cases which the nation has ever witnessed. One of the top businessmen in Zambia, Dr. Rajan Lekhraj Mahtani, is associated with the case. He is also a noted social worker and a philanthropist, with numerous charitable and social activities under his resume. Dr. Rajan Mahtani is also the owner of some of the most successful business ventures in Zambia. These include Finsbury Investment, Mahtani Group of Companies and Finance Bank Zambia. All of his companies have been extremely successful and have established their mark within the Zambian economy. He has also established numerous associations outside of Zambia, such as establishing a company in United Kingdom. Furthermore, these establishments and connections have been often utilised for bringing foreign investments within Zambia. As of now, Dr. Rajan Mahtani is fighting the case of Portland Cement Zambia for the past ten years.

Portland Cement Zambia factory is among the most notable cement-manufacturing factories in Zambia. This is partly due to the factory’s history as among the biggest producers of cement in Zambia. And the other reason is the long-trail of the cement factory at the Lusaka High Court without any final judgment. The case was registered by Dr. Rajan Mahtani after the factory was illegal taken from him. Since then, Dr. Rajan Mahtani has shared numerous evidences, testimonials as well as financial statements which sufficiently prove his legal owner over the factory Sadly, no amount of evidences or facts can support a judgment which is already clouded by personal greed or influence of others. The same situation was seen at the Lusaka High Court during the day final judgment was announced. As per the final judgement, Dr. Rajan Mahtani lost the case and his claims were rejected. It was a shocking event for everyone there as well as those who heard the news later. Within a matter of t

Even though the final announcement for Portland Cement Zambia was made at the Lusaka High Court, the cement factory’s fate hangs in balance. The case was registered by Dr. Rajan Mahtani almost ten years back and since then the case has been dragged through the years with no proper forward direction. The judge handling the case made a positive announcement few months back when the case hearing was finally closed. This meant no more trials and arguments before the judge. Both parties were asked to submit their updated evidences in written and oral formal based on which, final judgment was to be announced. It was an extremely positive move from the court which has been dragging this case for so long. It was even better news for Dr. Mahtani and his lawyers as his evidences and testimonials were exactly what were required to win the case. For instance, this included signed shareholder’s agreement, testimonials from significant members of the cement factory as well as independent