The reaction of this pause has caused the British Media to state unfriendly comments for the Chairperson of the Finance Bank of Zambia Ltd., Dr. Mahtani along with injuring his reputation in the market. However, being a man of noble thoughts and a follower of Christ, the accused has kept his calm and continues to focus over his business plans. Sources state that the proposed IPO of $250 million was put to halt because the present market conditions were not favoring their plans and moreover, being a businessman, Dr. Mahtani preferred to play it safe by putting the initial IPO on hold. Had the IPO’s result been unfavorable, numerous development plans for Zambia would have collapsed.
Over the years, Zambia has been continuously enjoying the fruits which were nurtured by Dr. Mahtani in the form of Zambezi Portland Cement Factory, dwelling house project and many other channels of employment. However, this man now needs the support of his own countrymen today because people in other countries are trying to pull down his hard earned reputation. It is time that Zambia stands united for their pioneer and show the world that they too can undergo a big change through small steps.