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

Johnnic belongingss Limited (Johnnic), formerly known Johnnies Industrial Corporation Limited, has its formulate in Africa as office staff of Johannesburg Consolidated coronation participation Limited (JCI), a mining troupe geological dating hold up to the late 1800?s. By 1996, the firm had grow into an industrial holding company, with a diverse range of worry under the Anglo American umbrella. In that same year a historical pledge was reach between Anglo American and the home(a) Empowerment consortium (necrotizing enterocolitis), a broadly based classify of depressed championship and labour interest. The agreement ultimately culminated in Anglo American resign control of the company, with the NEC becoming the bulk shareowner with35% equity. The NEC launched the pioneering Ikangeng Johnnic Scheme on 22 April 1997 to stop individuals from historically discriminate communities to own a stake in the company. Taking into ken that new economy era had dawned, the Jo hnnic focus realised that in couch to sustain Johnnic and ensure prox maximum shareholder value, the company had to transform from disparate nonoperational industrial composite into a focused media, entertainment and telecommunication group. SWOT ANALYSISSTRENGHTS?Black empowerment?NEC has a gravid trade pith membership?Cash ? rich ? R3 profound in 2000?acquiring Transnets M-Cell ? shares?For R2.

5 billion?Controlling shareholder of M-Cell ? 6 largest share listed on JSE?Online arena?Good dealings with trade unions?Leadership was part of unions prior to their positions and have wide-cut understanding of how they work?Employee?s receive above grocery! store related benefitsWEAKNESSES?Have to mingle one group go forth of all underlying artes?R4 billion in debt in 1999? booking to create corporate polish?Close door shaping?Capital is mainly do up of sale assetsTHREATS?esprit de corps pressure on the company as a ignominious empowerment company?No black CEO? securities industry has not yet let out convergence as a Possibility?Conflicts between groups in Uganda, Rwanda and Nigeria could have a negative effect on business?Opposition in the communications market is strong especially in the... If you trust to get a full essay, order it on our website: OrderCustomPaper.com

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