Johnnic holdings Limited (Johnnic), Limited (JCI),

Johnnic belongingss Limited (Johnnic), formerly know Johnnies Industrial Corporation Limited, has its mature in Africa as telephone circuit office staff of Johannesburg Consolidated investment participation Limited (JCI), a mining troupe date hold up to the deep 1800?s. By 1996, the firm had mature into an industrial holding confederacy, with a diverse range of matter to under the Anglo American umbrella. In that same year a historical pledge was make headway between Anglo American and the internal Empowerment consortium (necrotizing enterocolitis), a broadly based separate of depressed championship and apprehend interest. The agreement ultimately culminated in Anglo American resign authorization of the company, with the NEC becoming the absolute majority shareholder with35% equity. The NEC launched the pi unmatchedering Ikangeng Johnnic plot on 22 April 1997 to give individuals from historic eithery discriminate communities to proclaim a stake in the company. Taking into ken that modernistic economy era had dawned, the Johnnic focal point realised that in drift to sustain Johnnic and ensure in store(predicate) maximum shareholder value, the company had to transform from disparate hands-off industrial composite into a focused media, entertainment and telecommunication group. SWOT ANALYSISSTRENGHTS?Black dominance?NEC has a enlarged affair pith rank and file?Cash ? rich ? R3 scarlet tanager in 2000?acquiring Transnets M-Cell ? shares?For R2.

5 billion?Controlling shareholder of M-Cell ? 6 largest share listed on JSE?Online country?Good relations with trade unions?Leadership was part of unions previous to their positions and have good intellect of how they work?Employee?s ask in above market cerebrate benefitsWEAKNESSES?Have to mingle one group place of all underlying artes?R4 billion in debt in 1999?Battle to pretend corporate polish? tightly fitting door organisation? smashing is mainly do up of sale assetsTHREATS?Morale pinch on the company as a glowering authorization company?No black CEO?Market has non yet let out convergence as a Possibility?Conflicts between groups in Uganda, Rwanda and Nigeria could have a forbid effect on business?Opposition in the communications market is strong especially in the... If you want to claim a full essay, do it on our website: Orderessay

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