Southern Rhodesia more amenable to allowing black nationalism than the Southern Rhodesians. Accordingly, Britain granted independence to Northern Rhodesia on 24 October 1964. However, when the new nationalists changed its name to "Zambia" and began tentatively at first and later in rapid march an Africanisation campaign, Southern Rhodesia remained a British colony, resisting attempts to bring in majority rule. The colony attempted to change its name to "Rhodesia" although this was not recognised by the United Kingdom. The majority of the Federation's military and financial assets went to Southern Rhodesia, since the British Government did not wish to see them fall into
Northern Rhodesia cattle farming in Barotseland, but Northern Rhodesia had attracted little white settlement, in contrast to its southern neighbour. Unlike Southern Rhodesia, which had seen a flood of fortune-seeking prospectors seeking to set up independent mines, Northern Rhodesia's mining policy was to agree large-scale deals with major commercial mining companies. Large-scale mining on the Northern Rhodesian Copperbelt started after 1924 and was mainly financed from the United States of America and South Africa. Chester Beatty's and Sir Edmund Davis's Selection Trust already had an interest in the fairly small Bwana Mkubwa copper mine, which had opened in 1901 on the site