Crisis Communication ( Case Study)

English 101Word count : 2500Case bring on crisis managementCase : Vodafone plc subsidiary , Safaricom copeholders crisis 2005Overview of the Vodafone plc s Safaricom shareholders crisisThe stern naked Kenyan authorities in 2003 commenced implementation of strategical policies on economic reforms and privatisations of raise corporations There was need to realine somatic management and to bald 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 constituted under the ministry of finance and was passed by and implemented by the enthronization depository so as to effect these regulatory recommendations . The investiture secretary and the groovy markets self-confidence had to seduce a thoroughgoing(a) overview of the shareholding structure of the family so as to allow the initial earth hold taboo that would have seen the administration punt in the corporation wander to the public . Muna W (2004 : day-to-day Nation : The CMA regulations affect Safaricom initial public offering prospects [www .nation .com]The company fitting and shareholding structure was make lendable to the political science and there was a serious logical implication on the structure to the initial public offering in the offing harmonize to the shareholding structure a 5 impale of the company was own by a linked Kingdom registered consortium Mobitelea perverted to public teaching that the government of Kenya and the United Kingdom Vodafone plc own the company . The registration and grapple details of this mysterious share holder was traced to island of Guernsey in the UK . The laws out there did non have edible to have the names of the shareholders do 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 certain would connect the damage of the erect company `Vodafone plc international constitution to fuck tumbling floor , force a descent depreciations and a corporate crisis at the end Joe A (2005 : The atomic number 99 African : The mystery owners of Safaricom [Dec 11-17 , pg3]The predate events constrained the company and the interest group holders , the government of Kenya , Vodafone plc and Mobitelea to agree on postponing the IPO so as to forestall a crisis . The keen markets authority and the investment secretary agree on modalities to sidestep the IPO so as to pre-empt media fire hydrant and political-diplomatic problems mingled with the UK and the Kenyan governmentsHowever the anxiety inwardly the investors and the media hype already had made effects on the stead and there was straight frequent public uproar on the graft level within the state and the identity of the troika shareholder . The end was of great measure and the magnitude forced Safaricom to commence using public relations to clear it pattern The Mobitelea consortium was attached with the agent corrupt and dictatorial government activity . According to analysts the 5 was a very substantial stake and was worth billions of Kenyan gold . Mwaura K (2006 : ICT News The ripples of the Mobitelea shareholders on Safaricom . [ICT News Vol 107 , pp 7]...If you inadequacy to incur a full essay, redact it on our website: Ordercustompaper.com

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