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
Northern Rhodesia force and administer justice within Northern Rhodesia. In the case of African natives appearing before courts, the Company was instructed to have regard to the customs and laws of their tribe or nation. An Order in Council of 1900 created the High Court of North-Eastern Rhodesia which took control of civil and criminal justice; it was not until 1906 that North-Western Rhodesia received the same. In 1911 the two were amalgamated into the High Court of Northern Rhodesia. The British South African Company considered that its territory north of the Zambezi was more suitable for a largely African police force