Frederick Chiluba – PEP Case Summary/Zambia

Frederick Chiluba became President of Zambia in 1991, inheriting enormous economic problems, aggravated by the worst drought in the country for 50 years. He tried to set up a free-market economy, and engaged in a big sell-off of state-run enterprises, but corruption became widespread at all levels and crime increased. The sell-off of the state copper mines in particular was heavily criticised and many of the mines company’s assets vanished. Fore more details CLICK HERE: FCN – PEP Case Summary – Chiluba

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