ADSL on its last legs in South Africa

-
Image
  By   Daniel Puchert Partially state-owned telecommunications company Telkom announced in its financial results for the year ending 31 March 2025 that its ADSL subscribers had more than halved to under 30,000. According to the company’s operational data, ADSL lines decreased from 64,959 in March 2024 to 29,770. This 54.2% decline highlights that the legacy broadband technology is slowly approaching the end of the road. Telkom’s ADSL business peaked at the end of March 2016 with 1.01 million subscribers — two years after fibre upstart Vumatel  broke ground in Parkhurst . What followed was a sharp decline in Telkom ADSL subscribers. Customers connected to its copper networks decreased by more than 500,000 over the next four years. This was partly driven by Telkom itself, which began actively switching off its copper network in some neighbourhoods. If it did not have fibre in the area, it would offer a “fixed line lookalike” wireless service that ran over its cellular ...
Post a Comment

KZN Oils boss planned to retire at 60 and travel

-

 THEPOST

COMMUNITY NEWS
Rajen Reddy, founder and chief executive of KZN Oils. Picture: Sibonelo Ngcobo
Rajen Reddy, founder and chief executive of KZN Oils. Picture: Sibonelo Ngcobo

KZN Oils boss planned to retire at 60 and travel

By Chanelle Lutchman Time of article published Feb 26, 2021

Durban - Businessman Rajen Reddy was planning for his retirement. He also intended travelling to Dubai with his wife of 37 years, Esayvanie Reddy. But on Thursday, Reddy, 58, the owner of KZN Oils, died in hospital.

Esayvanie said Reddy was hospitalised for a month and died from a heart condition.

“It's not easy,” she told the POST on Monday.

“Today, we conducted his fifth-day death prayer. We have a prayer every second day. I cannot believe he is gone. I never believed I would live to see a day where my husband is not around with me.”

Esayvanie said she and Reddy were high-school sweethearts and knew each other for 44 years.

“From Grade 9 right up until our final year, Rajen and I sat next to each other in class. We decided in our Grade 11 year that we were a couple. We went to our matric dance together, we completed school together, and we decided when we were in our twenties that we were going to get married.”

Esayvanie said her husband was dynamic, intelligent and kind.

“He was the person to find a solution to a tough situation. He had a wonderful wit and he was kind. Rajen said he would retire by 55 but he didn't. So he said in two years when he turned 60 he would. We were looking forward to this time as he wanted to travel but things always came up so we didn't really get to do much travelling."

Esayvanie said their three granddaughters were the love of Reddy’s life.

“His face lit up whenever he saw them. They miss him dearly.”

KZN Oils supplies lubricants and fuel to Transnet's port operations. Reddy also owned 30 petrol stations and was a major fuel distributor for Chevron/Caltex garages in northern KwaZulu-Natal.

ADVERTISING

He is survived by his wife and children Venisha, Kerushin and Kreeshan.

Palesa Phili, Durban Chamber of Commerce and Industry chief executive, said: “Mr Reddy was an exemplary business leader, a long-standing member of the Durban Chamber, a job creator and a prolific contributor to the broader business community. His passing is a major loss for our city and province, and he will be greatly missed.”

Thandwa Mthembu, the vice-chancellor of the Durban University of Technology (DUT) and principal professor, said: “What devastating news to lose one of our strongest supporters and such an ardent member of our DUT Foundation. He had so much love for DUT even though, as he once told me, he had received no university education in his youth.

“There are very few people like him in the world, even from those who are well educated, who fully understand the value and agency of university education. There are very few who, on understanding the value and agency, put their money selflessly where their convictions are. Rajen did all that without flinching.”

Reddy was cremated on Sunday at the Clare Estate Crematorium.

The Post

SHARE THIS ARTICLE:

Comments

Post a Comment

Popular posts from this blog

If everyone on Earth sat in the ocean at once, how much would sea level rise?

-
Image
  There are a lot of people, but the oceans are very big.   Rosley Majid/EyeEm via Getty Images If everyone on Earth sat in the ocean at once, how much would sea level rise? March 29, 2021 2.07pm SAST Author Tony E. Wong Assistant Professor of Mathematical Sciences, Rochester Institute of Technology Disclosure statement Tony E. Wong does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment. Partners Rochester Institute of Technology  provides funding as a member of The Conversation US. The Conversation is funded by the National Research Foundation, eight universities, including the Cape Peninsula University of Technology, Rhodes University, Stellenbosch University and the Universities of Cape Town, Johannesburg, Kwa-Zulu Natal, Pretoria, and South Africa. It is hosted by the Universities of the Witwatersrand and Wester...
Read more

Andrew Watson: The 'most influential' black footballer for decades lost to history

-
Image
  By Andrew Aloia BBC Sport Last updated on 11 October 2021 11 October 2021 . From the section Football Watson was a trailblazer who helped transform how football was played There are two murals of black footballers facing one another across an alleyway in Glasgow. One helped shape football as we know it, the other is Pele. Andrew Watson captained Scotland to a 6-1 win over England on his debut in 1881. He was a pioneer, the world's first black international, but for more than a century the significance of his achievements went unrecognised. Research conducted over the past three decades has left us with some biographical details: a man descended of slaves and of those who enslaved them, born in Guyana, raised to become an English gentleman and famed as one of Scottish football's first icons. And yet today, 100 years on from his death aged 64, Watson remains something of an enigma, the picture built around him a fractured one. His grainy, faded, sepia image evokes many differen...
Read more

Which countries have the world’s largest coal reserves?

-
Image
  Visual Capitalist Elements   | September 15, 2021 | 8:58 am   Intelligence   Australia   USA   Coal   The Countries With the Largest Coal Reserves Cheap and abundant coal remains one of the largest sources of energy worldwide, even as governments set out goals to reduce greenhouse gas emissions. While jurisdictions in Europe and North America have been phasing out coal use in power generation, it has been on the rise in Asia. China and India are scrambling to provide electricity to a growing population and relying on coal power plants to meet demands despite the environmental costs. SIGN UP FOR THE ENERGY DIGEST Sign Up This infographic takes a look into the  BP Statistical Review of World Energy 2021 , and the 11 countries that make up  89%  of the coal reserves globally. Coal Reserves, by Country While countries need to phase out coal by 2040 to achieve the Paris Agreement goal of limiting global warming to 1.5ºC, consumption in key ...
Read more