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08 August 2023

The Anglogold-Ashanti Merger Case Series (CASE E) The Light at the End of the Tunnel

On 15 October 2003, AngloGold increased its offer to around $1.48 billion, only for it to be countered by Randgold Resources’ bid of $1.7 billion a week later.  The Ghanaian government rejected Randgold Resources’ offer on 28 October 2003, when it publicly announced that it backed AngloGold. However, the deal still to be approved by Ghana’s parliament, the date for which had not been set,Dennison’s next recommendation to Godsell would be on whether value would still be extracted if the process continued indefinitely.

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08 August 2023

Quadrem: E-Procurement for the Mining Industry

By 2003, Quadrem, a global e-marketplace that facilitated electronic transactions between buyers and suppliers from the mining, metals and minerals industry, was in its third year of operation. While some of the regions in which it operated were profitable, Quadrem as a whole was not yet profitable, and neither was its division in Africa. The shareholders expected Quadrem to break even by the end of quarter two in 2004.

08 August 2023

The Anglogold-Ashanti Merger Case Series (CASE E) AngloGold vs Randgold Resources

Having secured the approval of Ashanti’s management team and major shareholder, Lonmin, AngloGold’s strategy for getting the Ghanaian government (as shareholder and regulator), and the over required proportion of institutional and retail shareholders on board centred around demonstrating that the transaction would add value to all stakeholders. However, Steve Lenahan, AngloGold’s corporate officer of corporate affairs, needed to reassess his campaign strategy following the surprise entry of competing bid.

08 August 2023

Nihilent and STRATE: From Knowledge Transfer to Transformation

It was the beginning of March 2003 and STRATE, the organisation that settled all equity trades in South Africa electronically, was about to merge with the Universal Exchange Corporation (UNEXcor), an organisation that settled bond transactions electronically. Monica Singer, CEO of STRATE, and future CEO of the merged entity, wanted to implement a balanced scorecard driven knowledge management process in UNEXcor that STRATE had successfully embarked on a year ago. Yet the process had been demanding: one that had required time and trust from all in the firm.

08 August 2023

TopTV: Changing the Face of the South African Pay-TV Landscape?

In May 2011, Vino Govender, CEO of the Johannesburg-based On Digital Media’s (ODM) TopTV, felt pleased about the 200 000 subscribers that had been secured in less than one year in the competitive South African satellite pay television (pay-TV) market.

08 August 2023

The Expansion of Choppies in Africa - Teaching Note

From humble beginnings in 1986 with a single store in Lobatse, Botswana, by 2015 Choppies was the leading supermarket chain in Botswana. It was listed on the Botswana and Johannesburg stock exchanges and it had 134 stores in three countries: 75 in Botswana, 38 in South Africa and 21 in Zimbabwe. Choppies was also planning expansions into three other sub-Saharan countries – Zambia, Tanzania and Kenya – by the end of 2016. The company’s aggressive expansion outside Botswana was partly the result of frustration caused by the Botswanan government’s restrictive policies.

08 August 2023

NamITech: In the IS Security War Zone

William Wilsnagh, business unit director of technology services at NamITech, reflected on a rather alarming incident that had just occurred one of NamITech’s clients. A virus had hit the client’s network, resulting in downtime of a full day. NamITech had won this client a year previously, in November 2002 and the client’s IS security had improved greatly. But, for Wilsnagh, the virus incident highlighted the need to extend the scope of NamITech’s services. Information systems security was all about ensuring the confidentiality, integrity and availability of information.

08 August 2023

Sun International: Moving to “We Will Rock You” (Part B)

By now, it was June 2018 and group chief strategy and operations officer, Rob Collins, had just received the Sun Way (described below) measurements for Sun City from the company Blueprints. Sun International had contracted Blueprints to help integrate and embed its new business philosophy, as well as to re-engage its staff in the business. As Collins read the scores, he thought about the Blueprints process and how it had evolved since he last used it at Tsogo Sun Gaming in 2005.

08 August 2023

Sun International: Moving to “We Will Rock You” (Part A)

It was December 2016 and almost three years since Rob Collins had been appointed chief operating officer (COO) of Sun International. When Collins arrived at the organisation, he felt that there was a pervasive air of “nostalgia” for the heydays when Sol Kerzner led the group, and that it was in need of change. Since his arrival, he had implemented a number of changes, some of which were still in progress.

08 August 2023

Knowledge Management at Sasol

André Botha, acting knowledge management (KM) officer for Sasol Limited, faced considerable challenges. In 1998, Sasol had embarked on a KM journey, championed by KM officer Marina Hiscock. In 2000, the group had adopted a global KM strategy to extend KM to all strategic business units (SBUs) throughout the group. While some SBUs had implemented KM successfully, in others implementation had progressed slowly.

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