How can this happen to Zambezi Portland Cement?

The Zambezi Portland Cement factory is waiting on its death bed, waiting for a legal notice to arrive at premise’s door and finally seal the fate of a company, which was once Zambia’s finest assets. The reason behind such pathetic condition of ZPC factory is severe extortion of factory cash along with mismanagement of the assets. The Ventriglia family previously kept claiming that they were actual owners of the factory, but when they took over the management with force, there was not even a single trait which could showcase that they actually owned the factory.

Zambezi Portland Cement

Any person who owns a business, will always look forward to ensure that business makes steady progress and existing employees are happy. However, in the case of Zambezi Portland Cement, neither business policies, nor welfare of workers were seen. All focus remained on existing wealth of the factory. Each day cash kept depleting from banks and workers were dismissed with a view to hide the same deficiency. Eventually, factory reserve and workers, both were exhausted and factory is at the mercy of the Zambian Law. Ventriglia family has already shown their intent clearly. They will loot the factory till its last brick and then silently move back to their native place. The loss would be borne by Zambia and its citizens.

The Government of Zambia has silently allowed this carnage to take place and officials have remained loyal to bribes which were offered by Italian Mafias. Need a proof? Well, can one address to a situation when Dr. Rajan Mahtani was jailed in June 2015? The officials were fed heavily for taking that step because they too had the knowledge that Dr. Mahtani was immune to being arrested with regard to the case in which the charges were formed. Nevertheless, Zambia will soon lose one of its prized assets.

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