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Originally published by Nation Business
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business
April 24, 2026
2h ago

Scangroup exits Tanzania in turnaround plan after losses

Scangroup exits Tanzania in turnaround plan after losses

WPP Scangroup reported a loss of Sh713.6 million for the period...

✨ Key Highlights

WPP Scangroup is undergoing a turnaround, including exiting its permanent operations in Tanzania, following a significant financial loss for the year ending December 2025.

  • The company reported a net loss of Sh713.6 million.
  • This loss is attributed to a 16 percent decline in revenues, largely due to the loss of a major client, Airtel Africa.
  • Starting April 2026, WPP Scangroup will serve the Tanzania market through partnerships, ceasing operations for its advertising units there.

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