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 BSAC claimed to own mineral rights over the whole of Northern Rhodesia under concessions granted between 1890 and 1910 by Lewanika covering a poorly defined area of North-Western Rhodesia or negotiated by Joseph Thomson and Alfred Sharpe in 1890 and 1891 with local chiefs in a disputed area of North-Eastern Rhodesia. This claim was accepted by the British Government. After the Charter ended, BSAC joined a group of nine South African and British companies which financed the development of Nchanga Mines, to prevent them falling under US control. However, its main concern was to receive royalties. However significant they were,