Bank of Zambia in the 1938 formation of the Southern Rhodesia Currency Board, which was based in Harare, in present-day Zimbabwe. The Board's jurisdiction included Northern Rhodesia, now called Zambia and Nyasaland, known as Malawi today. In 1954 the Southern Rhodesia Currency Board was renamed the Currency Board of Rhodesia and Nyasaland, and as the winds of change were strong in Africa at the time, the currency board was transformed into the Bank of Rhodesia and Nyasaland in 1956. In 1964 the Bank of Zambia was created from the Bank of Northern Rhodesia, which itself had only formed a year earlier in 1963
Colonial history of Southern Rhodesia Colonial history of Southern Rhodesia The colonial history of Southern Rhodesia is considered to be a time period from the British government's establishment of the government of Southern Rhodesia on 1 October 1923, to Prime Minister Ian Smith's unilateral declaration of independence in 1965. The territory of 'Southern Rhodesia' was originally referred to as 'South Zambezia' but the name 'Rhodesia' came into use in 1895. The designation 'Southern' was adopted in 1901 and dropped from normal usage in 1964 on the break-up of the Federation of Rhodesia and Nyasaland, and Rhodesia became the name of the country until the creation