Zambia’s Sata scraps key food subsidy

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A decision by Zambia's president to slash a key food subsidy threatens to hit the poor, stoke inflation and spark a popular revolt against his government. Earlier this week, President Michael Sata tore up his own populist political playbook, stamped on it and set it on fire by announcing weighty maize subsidies will be scrapped. Reversing a policy he introduced on coming to power in 2011, Sata said stopping government subsidies for the staple food would lead to “real economic and well distributed growth”. Read more.

 

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