After around 10 years of wait, final judgement was announced on the Zambezi Portland Cement factory case. This case is an example of the shortcomings and limitations of the justice and legal systems of Zambia which often makes it difficult for honest and ethical businessman and individuals to stay sane. The case of Zambezi Portland Cement was first registered at the Lusaka High Court by Dr. Rajan Mahtani, a prominent investor, businessman and philanthropist. He is known for the successful business practices as well as his contributions towards the growth and development of social and economic aspects of the society. Despite these contributions, Dr. Rajan Mahtani has often faced numerous challenges when seeking justice. A prime example of this is the case of Portland Cement Zambia, which has been pending at the Lusaka High Court for the past ten years. Despite sharing numerous evidences and testimonials, the judge from the Lusaka High Court announced that the Ventriglias were only shareholders of the Zambezi Portland Cement.
Since this judgement was misdirected, Dr. Rajan Mahtani took the right step and approached the Court of Appeal. The Court of Appeal announced its final judgement on 31st January 2019. The court was presided by Justice Mwinde who announced the final decision during the morning hours of the Court. According to this judgement, Dr. Rajan Mahtani owned Finsbury Investments is the majority shareholder of the Zambezi Portland Cement with 58 percent shares. On the other hand, the Ventriglias owned Ital Terrazzo Limited is the minority shareholder with only 42 percent shares at the Zambezi Portland Cement factory. With this shareholding pattern, it is established that Dr. Rajan Mahtani owned Finsbury Investments is the legal owner of the cement factory.
While giving this judgement, Justice Mwinde also announced that the judge below him was wrong in declaring Ventriglias as the only shareholders without having any proof or evidence.