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Originally published by Capital Business
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business
August 27, 2026
2h ago

Zuku owner Wananchi Group posts Sh806mn H1 loss

Zuku owner Wananchi Group posts Sh806mn H1 loss

The Kenyan internet and telecommunications provider generated revenue of Sh3.55 billion in the six months to June, according to financial results released by the parent group...

✨ Key Highlights

Wananchi Group, the parent company of internet provider Zuku, reported a significant net loss of Sh806 million ($6.2 million) in the first half of 2026.

  • The loss from Wananchi contributed to a $44.9 million year-on-year decrease in the parent group’s net profit.
  • Despite this, the group's overall revenue increased by 26.5 percent to $980 million, driven by strong performances in Tanzania and Madagascar.
  • Intense competition in Kenya's broadband and pay-TV markets is cited as a factor impacting Wananchi's performance.

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