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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World's most expensive cities for 2021 (and where SA ranks)

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 03 Jul 2021

Ashgabat in Turkmenistan is the most expensive city in the world for overseas workers, according to this year's Mercer Cost of Living Survey. 

 
The annual report ranks 209 cities based on the comparative cost of expenses including housing, transportation, food and entertainment, with New York City used as a baseline comparison. And record high inflation has impacted a number of cities across the globe, as the Covid-19 pandemic amplifies the cost of living for expats who live and work away from home. 
 
 
The Turkmenistan capital, which was number two on last year's list, has dealt with an ongoing financial crisis, resulting it beating last year's most expensive city Hong Kong (now in second place as the priciest city for 2021). And while South Africa's only two cities on the list, Cape Town and Johannesburg, have previously languished towards the bottom due to the rand exchange weakness - they have each moved up list, reflecting the pandemic's impact on economies of the world, driving up the cost of living.  
 
Cape Town moved up the list 9 spots from number 187 to 178. Johannesburg climbed 8 spots from number 184 to 192 most expensive city in the world. 
 
 
As the Euro gained almost 11% against the US dollar, European cities were ranked comparatively more expensive than their US counterparts. New York City (number 6 in 2020 now ranking 14 in 2021) has dropped out of the Mercer top 10 altogether, while Paris climbed the rankings from number 50 in 2020 to number 33 in 2021.
 
The appreciation of the Australian Dollar saw Aussie cities like Sydney (from number 66 in 2020 to 31 in 2021) and Melbourne climb up Mercer's ranking from number 99 in 2020 to 59 in 2021.
 
As for the cheapest cities for overseas workers, Mercer's ranking pinpoints Tbilisi, Georgia (number 207), Lusaka, Zambia (number 208) and Bishkek, Kyrgyzstan (number 209).
 
 
Mercer's 2021 cost of living city ranking:
 
1. Ashgabat (Turkmenistan)
 
2. Hong Kong (China)
 
3. Beirut (Lebanon)
 
4. Tokyo (Japan)
 
5. Zurich (Switzerland)
 
6. Shanghai (China)
 
7. Singapore
 
8. Geneva (Switzerland)
 
9. Beijing (China)
 
10. Bern (Switzerland)
 
11. Seoul (South Korea)
 
12. Shenzhen (China)
 
13. N’Djamena (Chad)
 
14. New York City (United States)
 
15. Tel Aviv (Israel)
 
16. Copenhagen (Denmark)
 
17. Guangzhou (China)
 
18. London (United Kingdom)
 
19. Lagos (Nigeria)
 
20. Libreville (Gabon)

 

READ: The world's richest countries (according to personal wealth)

Mercer highlights that while the cost of living is one of the key factors influencing international assignment package rates, it says there are many additional factors to consider when selecting a location.

"To gain competitive advantage in the global war for talent, foreign investments and business, companies need to strike the right balance between cost containment, employee experience and business needs. Factors such as disease and sanitation standards, safety, education, climate, and physical remoteness can often affect the success of a foreign assignment or investment."

In this infographic Mercer gives a comparative perspective of the cost and quality of living. Click here for full version. 

 

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