Zambia in Free Fall Under the Wand of Michael Sata

2 April 2014
opinion

The economy of Zambia is in bad shape under the helm of President Michael Sata. Sata's liability is not in the fact that he is too old, or some of his ministers are ancient, his deficiency is in the fact that he lacks an economic vision for the country

The Zambian currency, the Kwacha, has now been ranked the worst performing currency in Africa already in 2014. This is not a palatable diagnosis and I am at odds to reconcile what I am stating with what is going on in my mind. In 2011, I published a book, 'Zambia - Struggles of My People.' And in this book, I have rather presciently predicted that Zambia is inherently democratic, but also offered a caveat that, no matter how well-intended, democracies are political creatures. At the moment the political animal driving the cruise known as Zambia on an African ocean is Michael Sata and his Patriotic Party (PF).

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