Zambia has allegedly lost control of its National Electricity company after defaulting on Chinese loan. China already “owns” Zambia’s national broadcaster and has even “seized” one of the national roads of Zambia.
During her show, Dr. Mumbi Seraki noted that China has been given unrestrained control over Zambian resources owing to over-borrowing and the unfiltered immigration of Chinese into the country. It was also highlighted that the Chinese have taken over African neighbourhoods, marketplaces, and major business sectors such as mining and real estate.
Dr. Mumbi noted that the situation is causing conflict between the Chinese immigrants and the locals. But there is nothing that could be done by the Government of Zambia. Their hands are tied.
“If the Zambians complain about something which is done illegally, the Chinese government steps in and says don’t touch my people and the Zambian Government backs down.”
As if that is not enough, Dr. Mumbi said that China has also been grabbing up major State assets.
Check the video out