Tag Archives: Finance Bank Zambia’s enlistment on the Lusaka Stock Exchange

Rajan Mahtani vows to complete Sata’s dream

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In a conference held in late November 2014, Finance Bank Chairman, Rajan Mahtani mourned for Michael Sata as his loss for Zambia was priceless. Sata was not only a man of high principles, but also a visionary who had seen Zambia as a developing nation in years to come. However, with the sad demise of Sata, the whole mission was left in half way. Rajan Mahtani, a believer of Sata’s dream and his close friend took the initiative of continuing with his project and give it a shape.

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As per the statement of the Finance Bank Zambia Chairman, Rajan Mahtani, his bank is soon going to begin share trade on the Lusaka Stock Exchange. The company has already been listed and is likely to start its operation of share trade from the first quarter of 2015. In the meantime, the long negotiation with Malawi Government has finally been settled and Finance Bank of Zambia will start its operations in Lilongwe, the capital city of Malawi from December 15, 2014. With the spree of developments in Zambia, it looks evident that Rajan Mahtani is all set to fulfil Sata’s dream by strengthening the economy and promoting healthy developmental plans for Zambia and nearby nations.

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In his speech, Rajan Lekhraj Mahtani also mentioned his interest to get his bank listed on the London Stock Exchange’s Alternative Investment Market (AIM) whereby his bank would enjoy the benefits of dual listing. The Finance Bank of Zambia will float 25% of its shares with a view to raise US $250 million and has converted in to a public limited company.

Can Rajan Mahtani make Sata’s dream come true?

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With almost a month passing by after the death of former President of Zambia, Michael Sata, Zambia is facing a political chaos where every party is eying for the President’s seat. In the midst of such havoc, Portland Cement Factory Zambia owner, Rajan Mahtani is facing some serious blames from the end of the conspirators. The question that lies ahead is that ‘Can Rajan Mahtani make Sata’s dream come true?’

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Rajan Mahtani is one of the eminent personalities in Zambia, who has dedicated his career towards the development of this nation through education programs, housing projects and employment opportunities for the locals. However, with time a group of people is continuously looking forward to defame him and write absurd in his name. Zambia Reports has been one active contributor as it continuously published articles which are based on false statements and vague sources.

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According to the conference held by Mahtani in late November, he pledged to continue the mission which Sata undertook. Being a man of high principles, Dr. Rajan Mahtani has made numerous efforts since to uplift the situation in Zambia and create a positive environment that guides the locals towards working hard and develop their standard of living. But, with corruption among political parties and shameful acts of the conspirators, it has become immensely difficult for Rajan Mahtani to lead the road to success.

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A positive outcome in recent days has come in form of Finance Bank Zambia’s enlistment on the Lusaka Stock Exchange. Additionally, Mahtani is also eying the London Stock Exchange for dual listing. This gives the people of Zambia a hope that in spite of all the odds Mahtani will fight for justice and make Sata’s dream come true. He calls all the people of Zambia to stand united and work with a passion to make Zambia as one of the fastest developing nation in Africa.