Rhodesia and Nyasaland pound British colonies. In the second half of 1964, Nyasaland became independent as Malawi, Northern Rhodesia became independent as Zambia, and Southern Rhodesia declared a name change to Rhodesia. Each issued their own pounds, at par with the Rhodesia and Nyasaland pound. See Malawian pound, Zambian pound and Rhodesian pound. The Federation also issued its own coinage. In 1955 a full new set of coins were issued with the Mary Gillick obverse of the Queen and various African animals on the reverse. The denominations followed those of sterling, namely halfpennies and pennies, which had a hole in them, threepences (known as
Southern Rhodesia Dominion created the paradoxical situation of having a white elite owning most of the land and capital, whilst using cheap black labour. The Federation of Rhodesia and Nyasaland was dissolved on 1 January 1964. However, it was expected that only Nyasaland would be let go, whilst the remainder of Rhodesia both north and south would be united. Although Northern Rhodesia had a white population of over 100,000, as well as additional British military and civil units and their dependents, most of these were relatively new to the region, were primarily in the extraction business, had little landed interests, and were