Opposition Green Party leader Peter Sinkamba says if he was voted in last January, the country would have been harvesting its first medicinal marijuana crop this month worth US$3 billion from the planned 129 farms countrywide.
Mr. Sinkamba says on his social media posting that to date his party would have earned US $ 3 billion , which is half Zambia’s budget for 2015 had he been voted Republican President .
“ With Green Party in government, by now there would have been no deficit, no nkongole ( debt ) , but a thriving economy like it used to be in the 1960’s and 1970s “ he said.
Chile, the country that produces copper six times more than Zambia has just legalized marijuana, and we are still shamefully grappling with realities, he adds
“I repeat, Zambia will never reclaim it pride for failing to “Think Outside the Box”, “ he says.
The opposition leader explains that throughout the 1960s and most of the 1970s, Zambia was reckoned an African “basket case” with excellent prospects for “full” industrialization and even ultimate admission to the ranks of the developed world.
In 1969, Zambia’s per capita GDP was not only one of the highest in Africa (more than three times that of Kenya, twice that of Egypt, for instance), it was also significantly higher than that of such “up-and-coming” middle-income countries like Brazil, Malaysia, South Korea, and Turkey.
He reasoned that with a rapidly rising per capita GDP of US$431, it was reasonable to expect Zambia to reach the ranks of at least poorer European nations such as Spain and Portugal with per capita GDP of US$568 (1.3 times that of Zambia) and US$867 (2 times that of Zambia) respectively.
But by 2013, he said , Zambia’s per capita GDP reached US$1,844 while that of Spain rose to US$29,863 which is 16 times more than that of Zambia. Portugal’s rose to US$21,733 which is 12 times more than that of Zambia.
This is the price we have had to pay for failing to “Think Outside the Box, “ he said