ADSL on its last legs in South Africa

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  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 ...
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Harmony’s recent mine purchases are standout performers

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An R8.4bn buying spree of AngloGold Ashanti’s SA mines pays dividends for SA’s largest gold miner

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11 MAY 2021 - 11:30 ALLAN SECCOMBE

The recent R4.2bn purchase of the Mponeng mine by SA’s largest gold producer, Harmony Gold, offset the cost increases and production falls at a few of its older assets during the past nine months.

Harmony has warned of a slightly lower production profile for the full-year to end-June because of repairs and maintenance of its mill and conveyor belt system at its Hidden Valley gold and silver mine in Papua New Guinea...

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