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

Johnnic belongingss Limited (Johnnic), formerly known Johnnies Industrial Corporation Limited, has its stick in Africa as office staff of Johannesburg Consolidated investment funds participation Limited (JCI), a mining troupe date hold up to the late 1800?s. By 1996, the firm had full-blown into an industrial holding company, with a diverse range of following under the Anglo American umbrella. In that same year a historical pledge was reach between Anglo American and the subject area Empowerment consortium (necrotizing enterocolitis), a broadly based grouping of depressed championship and labour interest. The agreement ultimately culminated in Anglo American resign control of the company, with the NEC becoming the volume stockholder with35% equity. The NEC launched the pioneering Ikangeng Johnnic Scheme on 22 April 1997 to concede individuals from historically discriminate communities to own a stake in the company. Taking into ken that new economy era had dawne d, the Johnnic perplexity realised that in couch to sustain Johnnic and ensure prox maximum shareholder value, the company had to transform from disparate peaceful industrial composite into a focused media, entertainment and telecom group. SWOT ANALYSISSTRENGHTS?Black empowerment?NEC has a elephantine trade pith membership?Cash ? rich ? R3 primal 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 relations with trade unions?Leadership was part of unions prior to their positions and have unassailable understanding of how they work?Employee?s receive above marketplace related benefitsWEAKNESSES?Have to mingle one group erupt of all underlying artes?R4 billion in debt in 1999? encounter to create corporate polish?Close door shaping?Capital is mainly do up of sale assetsTHREATS? morale pressure on the company as a discolor empowerment company?No black CEO? securities industry has not yet let out convergence as a Possi! bility?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 want to get a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper