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The Rudd Concession, a written concession for exclusive mining rights in Matabeleland, Mashonaland and other adjoining territories in what is today Zimbabwe, was granted by King Lobengula of Matabeleland to Charles Rudd, James Rochfort Maguire and Francis Thompson, three agents acting on behalf of the South African-based politician and businessman Cecil Rhodes, on 30 October 1888.
This entity renamed itself the United Concessions Company in 1890, and soon after sold the Rudd Concession to the Chartered Company for 1,000,000 shares. When Colonial Office functionaries discovered this chicanery in 1891, they advised Secretary of State for the Colonies Viscount Knutsford to consider revoking the concession, but no action was ...
The Rudd Concession was a first step towards occupation of good land, but Lobengula's Ndebele were too strong for a direct invasion. Rhodes planned to surround Matebeleland with British-controlled lands, as British Bechuanaland was already established in the west.
Using this Rudd Concession (so called because Rhodes's business partner, Charles Rudd, was instrumental in securing the signature) between Rhodes' British South Africa Company (allegedly on behalf of Queen Victoria though without any official knowledge or authority) and Lobengula, he then sought and obtained a charter from the British ...
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Rhodes and his associates secured the Rudd Concession from the Ndebele king, Lobengula, which was transferred to the Central Search Association (later renamed United Concession Company), and the Exploring Company was given approximately one-quarter of the shares in it. The British South Africa Company leased mineral rights from the Central ...
The company was structured to enormously favor Rudd and Rhodes, with its London board unaware of most of their activities in southern Africa. On 30 October 1888 Rudd secured an agreement to the mineral rights of Matabeleland and Mashonaland from Lobengula, the King of Matabeleland. [4] The agreement became known as the Rudd Concession. [5]
Rudd Concession: 1888: BSA Company rule: 1890–1923: First Matabele War: 1893–1894: Second Matabele War: 1896–1897: World War I involvement: 1914–1918: Colony of Southern Rhodesia: 1923–1965: World War II involvement: 1939–1945: Malayan Emergency involvement: 1948–1960: Federation with Northern Rhodesia and Nyasaland: 1953–1963 ...