Rhodes And His Banker: Empire, Wealth And The Coming Of Union

by Richard Steyn

Rhodes and his Banker is an account of the remarkable friendship between a larger-than-life historical figure and a modest, unassuming banker, both of whom were personally involved in all the major political and financial developments in Southern Africa during the closing decades of the 19th century.
The financial institution that brought diamond and gold magnate Cecil John Rhodes and Sir Lewis Michell together – the Standard Bank – was at the heart of the country's rapid transformation from an agricultural backwater to an industrial powerhouse thanks to the discovery of diamonds and gold. The book chronicles the activities and growth of the bank under the remarkable stewardship of Michell and recounts his role as the trusted confidant of Rhodes.
Michell published the first biography of Rhodes to be written after his death and offers many intriguing insights into the character and motives of one of the most controversial and self-driven of British imperialists. He also did everything he could to fulfil Rhodes's ambition for a united South Africa and played a key role in setting up the world-famous Rhodes Scholarship programme.
Intertwining dual narratives of Rhodes as rapacious entrepreneur with the Standard Bank under Michell tiptoeing in his wake to become the biggest bank in Africa, Steyn recounts how colonialism and capitalism took root in South Africa and Rhodesia.

435 pages, Kindle Edition

Published June 20, 2024

About the author

A graduate of Stellenbosch University, Richard Steyn practised as a lawyer before switching to journalism. He edited the Natal Witness in Pietermaritzburg from 1975-90, was a Nieman Fellow at Harvard University in 1985/86, and editor in chief of The Star from 1990-95.

Reviews

[Mbachi Thindwa · Rating 3 out of 5]

As a student of history, I found the exploration of the friendship between Cecil Rhodes and Lewis Michell particularly intriguing. Their friendship extended beyond banking and business, significantly influencing the development, good and bad, modern Southern Africa. This book offers valuable insights and is highly recommended for anyone interested in the region's history.

[Charles Okealam · Rating 3 out of 5]

Another good book by Richard Steyn. Via Lewis Michell, we are provided with a unique insight to the life and activities of Rhodes. Interesting!