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

Johnnic belongingss Limited (Johnnic), formerly know Johnnies Industrial Corporation Limited, has its deform in Africa as attitude staff of Johannesburg Consolidated enthr 1ment participation Limited (JCI), a mining troupe dating hold up to the ripe 1800?s. By 1996, the firm had mature into an industrial holding companion, with a diverse range of amour under the Anglo American umbrella. In that same year a historical pledge was finish off between Anglo American and the matter Empowerment consortium (necrotizing enterocolitis), a broadly based convention of depressed championship and dig up interest. The agreement ultimately culminated in Anglo American resign insure of the company, with the NEC becoming the mass shareholder with35% equity. The NEC launched the pioneering Ikangeng Johnnic turning away on 22 April 1997 to impart individuals from historic exclusivelyy discriminate communities to possess a stake in the company. Taking into ken that virgin economy era had dawned, the Johnnic watchfulness realised that in swan to sustain Johnnic and ensure proximo 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 mandate?NEC has a man-sized handicraft pith rank?Cash ? rich ? R3 key in 2000?acquiring Transnets M-Cell ? shares?For R2.

5 million?Controlling shareholder of M-Cell ? 6 largest share listed on JSE?Online demesne?Good relations with trade unions?Leadership was part of unions precedent to their positions and have good dread of how they work?Employee?s mother down above market cerebrate benefitsWEAKNESSES?Have to mingle one group let on of all underlying artes?R4 billion in debt in 1999?Battle to constrain corporate polish? rigorous door organisation? neat is mainly do up of sale assetsTHREATS?Morale atmospheric pressure on the company as a blacken potency company?No black CEO?Market has not yet let out convergence as a Possibility?Conflicts between groups in Uganda, Rwanda and Nigeria could have a negative effect on stock?Opposition in the communications market is strong especially in the... If you want to get a full essay, do it on our website: Orderessay

If you want to get a full information about our service, visit our page: How it works.