The news from the centre is that the long awaited merger between two giants- Finance Bank Zambia and BancABC has finally taken place. The merger between the two banks is now official. The new combined asset now stands at $567 million along with nation-wide 176 ATMs and 65 branches.

This is certainly one of the biggest mergers in Zambia in recent time. However, this merger had been previously put into various criticism from the group of conspirators. Right from claiming that the merger was illegal to making stories that defamed the deal, the conspirators have left no tables unturned. They have always wanted to make sure that the deal is seen as a controversial issue and people should start boycotting it. In one of the articles which was published by Zambia Reports, it was also mentioned that there was illegal shareholding for Finance Bank Zambia and hence, the merger was facing difficulties. The writer went to the extent of mentioning that the merger could also get cancelled for these issues.

Nevertheless, the truth has never changed its path and finally the day came when the merger was made official. The only thing that the author of defamatory articles and his financers could do is feel jealous and look for other opportunities to create nuisance in Zambia.

Dr. Rajan Mahtani has been a key person behind this merger and it is his efforts that has resulted in this development. There was always a huge amount of pressure form the other side, but like a true Zambian, the hope was not lost and the people were not put to shame by another conspiracy.  A positive development has taken place and another positive development in form of bio thermal plant will soon be helping people to find employment and have a better life. Currently, the devastation at Portland Cement Zambia is beyond repairable.