The Zambezi Portland Cement factory has been in the news for the past couple of years. However, for the most of the part people have heard about the mismanagement of funds and reallocation of assets. This is when things start to get out of hand and people are forced to believe that Zambia will soon be losing a asset from its vault. The only way out for the existing management under Antonio Ventriglia was to publish something that would certainly calm down the locals. This is why Zambia Reports recently published an article where it claimed that Zambezi Portland Cement has won the title of the best Employer.
The news has been specifically created with a view to promote a scenario where the author praises the new management and draws a contrast with Finsbury Investments. According to the article, when ITL (Ital Terrazzo Limited) took over the factory (the author being smart enough not to mention the way of takeover) it was in a very poor shape. The assets of the factory were decaying and overall status was alarming. But when looks at the list of achievements under the Finsbury Investment, the situation states otherwise.
Dr. Rajan Mahtani has been the key person behind Finsbury Investments. At the moment, the fight between Zambezi Portland Cement is taking place in between Ital Terrazzo Limited and Finsbury Investments. After having received some severe criticism from the locals as well as Finsbury Investments, the conspirators were bound to face the heat and present a decent response while addressing to the Zambezi Portland Cement factory. This is why they made a comeback through their funded portal Zambia Reports and tried to play a bluff by stating that Zambezi Portland Cement has received the award for the best Employer this year. The reality is much different in the current situation and here are two articles that will tell the story-