The chairman of Finance Bank Zambia, Dr. Rajan Mahtani praises the Patriotic Front government for handing back the financial institution to the rightful owners.
“My heart is filled with gratitude and thanks giving to our lord Jesus Christ who sustained, established, granted growth, delivered from Jaws of death and total annihilation and now steering FBZ to greater glory for his name”.
He even praises the current government for being a people’s government, which listened to the cries of its citizens. “On behalf of the board of directors, Management, members of staff, our loyal customers and indeed the entire nation we record our gratitude to your government for being a principled, fair and listening government bold to redress injustices and restore the independence of our judiciary. This spirit has also been proven in your recent revocation of SI 55 and SI33 for the entire benefit of the nation.” Mr Mahtani said.
While speaking at the cocktail party in Pamodzi hotel, Alexander Chikwanda, the Finance Minister, explained the action of the ex-ruling party MMD or Movement for Multiparty Democracy on its way to seize and sale the bank for just five million dollars, an amount which is not even 1/2 the value of the bank.
The Finance Minister claimed that the act by Movement for Multiparty Democracy would have debilitated Zambia and Region as the financial institution has been a supporter of small size businesses and farmers, who are basically the financial engine of the region as well as the country.
Mr Chikwanda noted that Patriotic Front came to set free the economy of the nation, claiming that his party came into the office with regards to promoting the free market without too much influence from the government. He even said that Michael Sata’s move to take back the Finance Bank Zambia and return it to Rajan Mahtani has been the right decision as may be viewed from the sound monetary performance of FBZ, which started to grow right from being handed over to the original owners.
And the chairman of Finance Bank Zambia, Rajan Mahtani, has disclosed that the Finance bank will list on different Stick Markets before the year ends. Dr. Mahtani added that FBZ is in the method of listing on Lusaka Stock Exchange, London Stock Exchange and Nairobi Stock Exchange as it expands its tentacles to the other markets.
“My heart is filled with gratitude and thanks giving to our lord Jesus Christ who sustained, established, granted growth, delivered from Jaws of death and total annihilation and now steering FBZ to greater glory for his name”.
He even praises the current government for being a people’s government, which listened to the cries of its citizens. “On behalf of the board of directors, Management, members of staff, our loyal customers and indeed the entire nation we record our gratitude to your government for being a principled, fair and listening government bold to redress injustices and restore the independence of our judiciary. This spirit has also been proven in your recent revocation of SI 55 and SI33 for the entire benefit of the nation.” Mr Mahtani said.
While speaking at the cocktail party in Pamodzi hotel, Alexander Chikwanda, the Finance Minister, explained the action of the ex-ruling party MMD or Movement for Multiparty Democracy on its way to seize and sale the bank for just five million dollars, an amount which is not even 1/2 the value of the bank.
The Finance Minister claimed that the act by Movement for Multiparty Democracy would have debilitated Zambia and Region as the financial institution has been a supporter of small size businesses and farmers, who are basically the financial engine of the region as well as the country.
Mr Chikwanda noted that Patriotic Front came to set free the economy of the nation, claiming that his party came into the office with regards to promoting the free market without too much influence from the government. He even said that Michael Sata’s move to take back the Finance Bank Zambia and return it to Rajan Mahtani has been the right decision as may be viewed from the sound monetary performance of FBZ, which started to grow right from being handed over to the original owners.
And the chairman of Finance Bank Zambia, Rajan Mahtani, has disclosed that the Finance bank will list on different Stick Markets before the year ends. Dr. Mahtani added that FBZ is in the method of listing on Lusaka Stock Exchange, London Stock Exchange and Nairobi Stock Exchange as it expands its tentacles to the other markets.