Zambia - Country history and economic development

1899. The British South African Company (BSAC) assumes control over Zambia (then Northern Rhodesia).

1924. British government takes over Zambia's administration.

1964. Zambian independence and the beginning of the First Republic. The United National Independence Party (UNIP) wins multi-party elections, and Kenneth Kaunda becomes president.

1965. Unilateral Declaration of Independence in Rhodesia (modern Zimbabwe) threatens Zambia's supply routes.

1972. The one-party state of the Second Republic is formed.

1987. A series of riots against declining incomes ends an IMF-sponsored free market reform program.

1990. Kaunda agrees to the formation of the Third Republic.

1991. Multi-party elections are won by the Movement for Multi-Party Democracy led by Frederick Chiluba. The MMD embarks on a program of IMF-sponsored free market reform.

1996. The MMD wins a second round of elections.

2000. The former parastatal Zambia Consolidated Copper Mines (ZCCM) is fully privatized.

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