The news of merger between BancABC and Finance Bank has come as a relieve for many. The rumours spread by the conspirators were such that people were eventually made to believe that there was something wrong with the deal and hence, the merger was not taking place. However, with time the truth has surfaced and the people are finally aware of the fact that FBZ is now merged with BancABC.

The joint account of FBZ and BancABC reflects the traits of a large commercial bank which is ready to take care of the financing issue in Zambia. The accumulated account of assets stands at $ 567 million, where the total number of ATMs spread in the country is now 176. With such bug numbers, it is obvious that the merger has come in form of a blessing from the heaven.

Another question that remains unanswered is the about the future course of action. For people who think that this is the end of the Dr. Mahtani’s plan, they should learn that there are numerous immediate objectives in his hand. The first being the completion of bio-ethanol plant. The plant is being setup in Luapula Province and is in partnership with the UK Giant, Sunbird group. Another area of concern is the poor condition of Portland Cement Zambia.

The plant has been abused by the Italian Mafias and has reached a level where the production has been halted. There are hardly any workers in the factory and the pool of resources has been depleted and stolen. Given such pathetic condition of a thriving plant, it is obvious that the Chairman of Mahtani Group of Companies would be looking forward to take this matter seriously and preserve the interest of his fellow citizens. Zambia is about to witness some big chances very soon.