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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.
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 ...
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 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]
[2] [n 2] Having secured the Rudd Concession on mining rights from Lobengula in October 1888, [4] Rhodes and his British South Africa Company were granted a Royal Charter by Queen Victoria in October 1889. [5] The Company was empowered under this charter to trade with local rulers, form banks, own and manage land and to raise and run a police ...
Many of his targets have been quick to offer concessions. Some have been real, notably pledges to buy more American goods or invest in U.S. activities. In other cases they have been a repackaging ...
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 new tariffs were set to take place at 12:01 a.m. on Tuesday, but were paused for at least 30 days after Canada made concessions to President Trump Monday — just as Mexico had done less than ...