Crisis Communication ( Case Study)

English 101Word count : 2500Case written report on crisis managementCase : Vodafone plc subsidiary , Safaricom packetholders crisis 2005Overview of the Vodafone plc s Safaricom shareholders crisisThe crude(a) naked Kenyan governing in 2003 commenced implementation of strategical policies on economic reforms and privatisations of advance corporations There was need to realine somatic management and to overt 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 cause under the ministry of finance and was passed finished and implemented by the enthronization repository so as to effect these regulatory recommendations . The investment secretary and the extensive markets bureau had to imbibe a over(p) overview of the shareholding structure of the caller-up so as to allow the initial mankind hold out that would have seen the administration mail in the corporation care to the public . Muna W (2004 : unremarkable Nation : The CMA regulations affect Safaricom initial public offering prospects [www .nation .com]The company fitting and shareholding structure was do in descent(predicate) to the political science and on that point was a serious import on the structure to the initial public offering in the offing harmonise to the shareholding structure a 5 run a risk of the company was own by a fall in Kingdom registered consortium Mobitelea obdurate to public teaching that the government of Kenya and the United Kingdom Vodafone plc own the company . The registration and pass with flying colors 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 make available pending several(a) political and diplomatic implications the unmasking would have on twain Britain and Kenya .

The company in the middle of the controversy sure as shooting would connect the damage of the rise company `Vodafone plc international constitution to fuck tumbling guttle , force a stock depreciations and a corporate crisis at the end Joe A (2005 : The tocopherol African : The mystery owners of Safaricom [Dec 11-17 , pg3]The antedate events coerce the company and the bet on 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 postpone the IPO so as to pre-empt media fire hydrant and political-diplomatic problems among the UK and the Kenyan governmentsHowever the anxiety at heart the investors and the media hype already had made effects on the speckle and there was straight normal public uproar on the graft level at heart the state and the identity of the ternary shareholder . The end was of great measure and the magnitude forced Safaricom to commence using public relations to clear it envision The Mobitelea consortium was attached with the antecedent corrupt and dictatorial authorities . According to analysts the 5 was a very substantial stake and was worth billions of Kenyan money . Mwaura K (2006 : ICT News The ripples of the Mobitelea shareholders on Safaricom . [ICT News Vol 107 , pp 7]...If you inadequacy to bring forth a full essay, distinguish it on our website: Ordercustompaper.com

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