Business
Vivendi Wants Zain Africa To Expand Network
Vivendi, a Paris-based firm, has confirmed its interest in the acquisition of African Subsidiary of Zain Group in pursuance of its strategic growth plans in emerging countries.
According to the company, having Zain Africa would enable it capitalise on its successful experience of developing mobile telephone on the continent of Africa. “Vivendi confirms its interest for acquiring a majority stake in the Zain groups telecommunications activities in Africa, in line with its clearly defined strategy of seeking growth opportunities in emerging countries.”
The telecoms group confirmed its interest in a statement posted on the company’s Website where an explanation was provided for the company’s interest.
Earlier in an interview with Reuters Chief Jean Bernard Levy, Chairman Management Board, Vivendi Univer Sal Publishing, declined comment on the story simply saying, “I have no comment to make on this,” at an economic forum in southern France. The statement read in part: “This acquisition would enable Vivendi to capitalise on its successful experience of developing mobile telephony in Africa. However, at this stage there is no certainty that the discussions currently in progress will lead to a successful outcome.” Through the acquisition Vivendi hopes to take over African subsidiaries like Nigeria, Ghana, Zambia, Sierra leone, Malawi, Chad, Burkina Faso, Tanzania, Madasgacar, Kenya, Uganda, Niger, and Gabon market from Zain Group Kuwait.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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