mathani 3 — Dr Mathani displays stitches from his open heart operation in South Africa recently. This was during a press briefing in Lusaka.

Finance Bank Zambia Chairman Rajan Mahtani has disclosed that the bank intends to offload shares on the stock market by 2013.

Dr. Mahtani says the listing will be simultaneous on the Lusaka, Johannesburg and London Stock exchanges.
He told journalists at a media briefing that the intention of the listing is to empower Zambians who will be allowed to own a stake in the bank.

Dr. Mahtani says the Zambian people will also be expected to receive more financing from the Bank especially those in business like SME’s.

He disclosed that 40 percent will be offloaded in the initial phase while 20 percent of the credit Suisse shares will also be sold on the stock exchange.

Meanwhile, Dr. Mahtani disclosed that credit Suisse has withdrawn its case against the Zambian government over its shares in Finance bank that it deemed had been wrongly repossessed by the state.

At the same briefing, Dr. Mahtani said the bank is investigating the engagement of a South African forensic firm ENS, a law firm that had been contracted by the previous bank owners to investigate him.

MUVITV

13 COMMENTS

mr president December 6, 2011 At 8:59 pm

i am comming to buy shares uko….
President Santa December 6, 2011 At 9:40 pm

Why is credit suisse leaving?

So the public (new shareholders) can stomach more risk than credit suisse?

And why was than con trying to ‘prove’ he had a operation, he should have shown you his chest scar if he has one not those self inflicted scratches on the leg.
Cheesy December 6, 2011 At 10:38 pm

Let them publish their Financials first before we take a leap …
Ugly truth December 6, 2011 At 10:52 pm

Heart operation is done on the nchafu? Oh now he has fully recuperated to hold press briefings but to sick to go to court.
Meh December 7, 2011 At 12:49 am

So he had open heart surgery on his leg? o_0
Zele December 7, 2011 At 4:43 am

Watch out pipo ….with this kind of shares.
OCCUPY December 7, 2011 At 5:32 am

and all these shares will be bought by no other than mathani in three (3) different countries
Chikoko December 7, 2011 At 7:33 am

For as long as a TRICK-STAR is at the helm of Finance Bank, only a heap of FOOLs will dare buy shares being floated by Mathani. The “heart” surgery on Mathani must be extended to forensic a surgery on the state of Finance Bank. Besides, who hired the Chopper that Sata used during the election period?
It's Friday December 7, 2011 At 8:33 am

I shall pass on this listing
Braggadocio December 7, 2011 At 8:59 am

This listing will show whether Zambians are smart investors. It will be interesting to see if it will perform as well as all other companies that were oversubscribed on there initial listing on Luse.
LION December 7, 2011 At 10:22 am

Ha ha ha! Investing in Mahtani’s Finance Bank listed shares is liking leaving your little lamb to be looked after by a hyena!
LION December 7, 2011 At 10:25 am

The Late Pat Puta had shares in Finance Bank which will be more than any of you may invest in the listing that will be made. Ask the Estate of the Late Pat Puta how much they got from the shares they “hold” in Mahtani’s Finance Bank. That will be the fate of all those who will be foolish enough to invest in Finance Bank listed shares.
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