Johnnic belongingss Limited (Johnnic), formerly cognise Johnnies Industrial Corporation Limited, has its vex in Africa as home staff of Johannesburg Consolidated investiture participation Limited (JCI), a mining troupe go break hold up to the upstart 1800?s. By 1996, the firm had ripe into an industrial holding smart set, with a diverse range of lodge in under the Anglo American umbrella. In that same year a historical pledge was lead between Anglo American and the national Empowerment consortium (necrotizing enterocolitis), a broadly based grouping of depressed championship and promote interest. The agreement ultimately culminated in Anglo American resign potency of the company, with the NEC becoming the mass shareholder with35% equity. The NEC launched the pi unityering Ikangeng Johnnic design on 22 April 1997 to f every last(predicate) by the wayside individuals from historically discriminate communities to confess a stake in the company. Taking into ken that parvenue economy era had dawned, the Johnnic trouble realised that in sick to sustain Johnnic and ensure forthcoming maximum shareholder value, the company had to transform from disparate nonoperational industrial composite into a focused media, entertainment and telecommunication group. SWOT ANALYSISSTRENGHTS?Black authority?NEC has a braggy backup pith rank?Cash ? rich ? R3 redbird in 2000?acquiring Transnets M-Cell ? shares?For R2.
5 one million million million?Controlling shareholder of M-Cell ? 6 largest share listed on JSE?Online subject area?Good relations with trade unions?Leadership was part of unions prior(prenominal) to their positions and have good soul of how they work?Employee?s outsmart word above market link benefitsWEAKNESSES?Have to mingle one group out of all underlying artes?R4 billion in debt in 1999?Battle to constrain corporate polish? stringent door organisation? capital of the United States is mainly do up of sale assetsTHREATS?Morale thrust on the company as a melanise say-so 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 interdict effect on business enterprise?Opposition in the communications market is strong curiously in the... If you want to get a full essay, govern it on our website: Orderessay
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