Wananchi Group Posts Sh806mn H1 Loss as I&M Profit Rises 22% - August 2026

Wananchi Group, the parent company of internet provider Zuku, reported a significant net loss of Sh806 million in the first half of 2026. In contrast, I&M Group achieved a 22.35 percent increase in net profit after tax, reaching Sh10.17 billion, primarily driven by stronger income from lending activities. Meanwhile, Equity Group significantly expanded its workforce, hiring 410 new employees in the three months leading up to June 2026. These three stories highlight divergent financial trajectories across Kenya's financial sector, with some institutions reporting losses while others experience growth.