British South Africa Company

The British South Africa Company ( BSAC ) was created in 1889 by Cecil Rhodos and was approved by royal charter.

Its object was the colonization and the economic exploitation of the territories located at the north of the Transvaal.

In 1890, it equipped the column with pioneers charged to take the control of the grounds conceded by the chief shona Lobengula with the emissary of Cecil Rhodos.

Recruiting its own army, demolishing Matabélés and Shonas in the north of the river Limpopo, the BSAC then set up all the administration of the baptized territories Rhodesia of north (future Zambia, Southern Rhodesia (future Zimbabwe and Nyassaland (future Malawi).

In 1914, the charter was renewed for 10 years with a reserved clause stipulating that the country could become autonomous before the end of the decade.

In 1923, the colonists of Southern Rhodesia obtained these political rights. Rhodesia of north and Nyassaland became protectorates.

The BSAC ceased its administrative office then, with the relief of its shareholders who had not been able to perceive dividends. In 1933, the BSAC sold its rights of exploitations in Southern Rhodesia to the government of this colony.

In 1964, it was forced to yield its rights of exploitation in Rhodesia of north to the new government of independent Zambia.

In 1965, the BSAC amalgamated with the " Exchange Mining & Investment Ltd" Corporation; and the " Consolidated Mines Selection Company Ltd" to form the any news " Charter Consolidated Ltd" , a mining and industrial conglomerate of which thirds of the actions were held by Anglo-American Company, a South-African mining company.

External bonds

historical Catalog of the BSAC

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