Kaunda was the first president of independent Zambia. In 1973, following tribal and inter-party violence, all political parties except UNIP were banned through an amendment of the constitution after the signing of the Choma Declaration. At the same time, Kaunda oversaw the acquisition of majority stakes in key foreign-owned companies. The 1973 oil crisis and a slump in export revenues put Zambia in a state of economic crisis. International pressure forced Kaunda to change the rules that had kept him in power. Multi-party elections took place in 1991, in which Frederick Chiluba, the leader of the Movement for Multi-Party Democracy, ousted Kaunda.
Kaunda was the first president of independent Zambia. In 1973, following tribal and inter-party violence, all political parties except UNIP were banned through an amendment of the constitution after the signing of the Choma Declaration. At the same time, Kaunda oversaw the acquisition of majority stakes in key foreign-owned companies. The 1973 oil crisis and a slump in export revenues put Zambia in a state of economic crisis. International pressure forced Kaunda to change the rules that had kept him in power. Multi-party elections took place in 1991, in which Frederick Chiluba, the leader of the Movement for Multi-Party Democracy ousted Kaunda.