Kampala, Uganda | THE INDEPENDENT | Streaming giant Netflix has cut prices in more than 30 countries as it attempts to attract more subscribers, BBC reported on Feb.24. Prices have been cut in parts of Asia, Europe, Latin America, sub-Saharan Africa and the Middle East. It comes as the rising …
Read More »Multiple registration, borrowing frustrates growth of SACCOs in Sembabule
Sembabule, Uganda | THE INDEPENDENT | Multiple registration and borrowing are frustrating the growth of Savings and Credit Cooperative Societies-SACCO’s in Sembabule district, according to the authorities. SACCO’s are member-founded microfinance institutions established to promote the saving culture and address the financial needs of members in terms of extending credit. However, …
Read More »Netflix shares slide on disappointing subscriber growth
San Francisco, United States | AFP | Netflix shares plunged in after-hours trade Wednesday after its quarterly update showed weaker-than-expected subscriber growth for the streaming television sector leader. Netflix said it added 2.7 million new subscribers worldwide in the April-June period, well below expectations, as the sector prepared for offerings …
Read More »MTN Uganda Subscribers grow 3% in Q1 2018
Kampala, Uganda | THE INDEPENDENT | MTN Uganda recorded a 3.1% rise in subscribers to 10.8million in the first quarter ending March 2018. The increment in subscribers for the first three months ends two consecutive quarters of falling customer numbers. The improved subscriber figures also contributed to an increase in …
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