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
Northern Rhodesia of Northern Rhodesia. Welensky led a move in the Legislative Council to restrict the British South Africa Company's mineral rights which garnered African support; the Company agreed in 1949 to assign 20% of its revenues to the Government, and to transfer all its remaining rights in 1986. As early as 1915, the British South Africa Company proposed amalgamating Southern Rhodesia and Northern Rhodesia, but this was rejected by the Southern Rhodesian legislature in 1917, as it might have prevented Southern Rhodesia obtaining self-government. This option was again rejected in 1921, for the same reason. After the Southern Rhodesian electorate voted