A company founded by Rhodes on 13 July 1889 after the conclusion of a treaty with the Matabele King Lobengula which secured him the mineral rights in Matabeleland and the Matabele‐dominated Shonaland. Rhodes's interest in the area was sparked off by rival Afrikaner interests moving into the area. The BSAC was loosely modelled on the British India Company following the British government's refusal to become directly involved in the colonization of the area. After the submission of the Matabele on 14 January 1894, it governed and administered what became Rhodesia until 1923, when it became the colony of Southern Rhodesia (now Zimbabwe) with limited self‐government under direct British authority. In 1890, it also established its authority over Northern Rhodesia (now known as Zambia), over which it had to resign its authority to the British government in 1923.
Subjects: Contemporary History (Post 1945).