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 were unchallengeable and persuaded the United Kingdom government to enter into direct negotiations over the future administration of Northern Rhodesia. As a result, a settlement was achieved by which Northern Rhodesia remained a protectorate but came under the British government, with its administrative machinery taken over by the Colonial Office, while the British South Africa Company retained extensive areas of freehold property and the protectorate's mineral rights. It was also agreed that half of the proceeds of land sales in the former North-Western Rhodesia would go to the Company. On 1 April 1924, Herbert Stanley was appointed as Governor and