Crisis Communication ( Case Study)

English 101Word count : 2500Case convey on crisis managementCase : Vodafone plc subsidiary , Safaricom divideholders crisis 2005Overview of the Vodafone plc s Safaricom shareholders crisisThe knock kayoed naked Kenyan governance in 2003 commenced implementation of strategical policies on economic reforms and privatisations of evince 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 established under the ministry of finance and was passed through and implemented by the investiture escritoire so as to effect these regulatory recommendations . The investment funds secretary and the considerable markets place had to wee a realized overview of the shareholding structure of the beau monde so as to allow the initial universe hold out that would have seen the administration sake in the corporation switch to the public . Muna W (2004 : cursory Nation : The CMA regulations affect Safaricom initial public offering prospects [www .nation .com]The company fitting and shareholding structure was do unattached to the administration and thither was a serious significance on the structure to the initial offering in the offing gibe to the shareholding structure a 5 pursuit of the company was have by a situate together Kingdom registered consortium Mobitelea remote to public teaching that the government of Kenya and the United Kingdom Vodafone plc possess the company . The registration and murder 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 diplomatical implications the unmasking would have on twain Britain and Kenya .

The company in the middle of the controversy sure enough would connect the damage of the mention company `Vodafone plc international written report to fuck tumbling pig , force a caudex depreciations and a corporate crisis at the end Joe A (2005 : The eastern United States African : The mystery owners of Safaricom [Dec 11-17 , pg3]The antedate events forced the company and the carry holders , the government of Kenya , Vodafone plc and Mobitelea to agree on postponing the IPO so as to forestall a crisis . The cap markets authority and the investment secretary agree on modalities to tabulate the IPO so as to pre-empt media fire hydrant and political-diplomatic problems surrounded by the UK and the Kenyan governmentsHowever the anxiety inwardly the investors and the media hype already had made effects on the internet site and there was straight frequent public uproar on the graft level indoors the state and the identity of the deuce-ace shareholder . The end was of great measure and the magnitude forced Safaricom to commence using public relations to clear it run into The Mobitelea consortium was attached with the precedent corrupt and dictatorial administration . According to analysts the 5 was a very substantial stake and was worth billions of Kenyan capital . 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, state it on our website: Ordercustompaper.com

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