"I am disappointed with Misbah's captaincy, he is not aggressive, innovative, slow to read the situation and not able to inspire the other players," Akhtar said.
The pacer, who retired during the 2011 ODI World Cup and is known for his forthright views, said Pakistan needed a captain like Imran Khan to get out of its current state of affairs.
"Imran was not a better batsman then Misbah but yet on so many occasions he came up the order, scored runs under pressure and won matches for his country," Akhtar told 'Geo News' ahead of the fourth ODI against South Africa.
Akhtar said he was disappointed with the way Pakistan have played in the one-day series against South Africa.
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"I don't see any move from Misbah to take charge and read the situation well. He is not aggressive and waits for things to happen. He is slow to react and I don't see any planning in the selection," he said.
Pakistan trail the five-match ODI series 1-2.
"The way the batsmen have played so far in this series on pitches that suit them is shameful and I don't know what they are thinking. They need to get out of their shells and be more open chested and attacking. They need to attack more and take charge.
Former captain Wasim Akram minced no words in stating that Pakistan's chances of winning the series now depended on who won the toss.
"The way we are playing let us pray we win the toss because I don't see ourselves chasing any sort of total even on these pitches.