Crisis Communication ( Case Study)

English 101Word count : 2500Case submit on crisis managementCase : Vodafone plc subsidiary , Safaricom look atholders crisis 2005Overview of the Vodafone plc s Safaricom shareholders crisisThe nude naked Kenyan political science in 2003 commenced implementation of strategical policies on economic reforms and privatisations of rural area corporations There was need to align somatic management and to ap reboot the basic units of party shareholding expressions so as to permit privatisation Munene K (2004 : The Standard : The mega scandal in the Kibaki disposal activity privatisation plans . [June 20 , pg8] . This regulatory policy was round out under the ministry of finance and was passed through and through and implemented by the enthronisation depositary so as to effect these regulatory recommendations . The investing secretary and the slap-up markets self-assurance had to capture a initiate laid overview of the shareholding structure of the companionship so as to allow the initial exoteric hold out that would have seen the administration game in the corporation tell on to the public . Muna W (2004 : everyday Nation : The CMA regulations affect Safaricom initial public offering prospects [www .nation .com]The company fitting and shareholding structure was make purchasable to the presidency and there was a serious tax write-off on the structure to the initial public offering in the offing check to the shareholding structure a 5 place of the company was possess by a linked Kingdom registered consortium Mobitelea opposition to public teaching that the government of Kenya and the United Kingdom Vodafone plc own the company . The registration and complete details of this mysterious share holder was traced to island of Guernsey in the UK . The laws out there did not have edible to have the names of the shareholders make available pending several(a) political and diplomatical implications the unmasking would have on twain Britain and Kenya .

The company in the middle of the controversy for sure would connect the damage of the parent company `Vodafone plc international personality to fuck tumbling wad , force a store depreciations and a corporate crisis at the end Joe A (2005 : The easterly African : The mystery owners of Safaricom [Dec 11-17 , pg3]The introductory events strained the company and the support holders , the government of Kenya , Vodafone plc and Mobitelea to agree on postponing the IPO so as to forestall a crisis . The capital letter markets authority and the investment secretary agree on modalities to accede the IPO so as to pre-empt media fire hydrant and political-diplomatic problems surrounded by the UK and the Kenyan governmentsHowever the anxiety indoors the investors and the media hype already had made effects on the positioning and there was straight popular public uproar on the graft level within the state and the identity of the one-third shareholder . The end was of great measure and the magnitude forced Safaricom to commence using public relations to clear it control The Mobitelea consortium was attached with the occasion corrupt and dictatorial politics . According to analysts the 5 was a very substantial stake and was worth billions of Kenyan silver . Mwaura K (2006 : ICT News The ripples of the Mobitelea shareholders on Safaricom . [ICT News Vol 107 , pp 7]...If you inadequacy to get a full essay, pronounce it on our website: Ordercustompaper.com

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