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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INVEST IN YOU: READY. SET. GROW. How much you’ll need to invest every month to earn $35,000 per year in interest for retirement

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How to earn $35,000 in interest alone every year in retirement

There are countless retirement strategies that can help you fund your golden years.

But an interest-only retirement plan can help remove one of the biggest fears about life after leaving your job: Will my money outlast me?

Here’s a case study.

If you want to get $35,000 every year in retirement, you will need to save more than $1.1 million.

Check out this video for a full breakdown of the numbers and to learn how much you will need to save every month to reach your goal.

More from Invest in You:
How much you can expect to get from Social Security if you make $40,000 a year
The real ‘Catch Me If You Can’ con artist says this classic scam is making a comeback

Disclosure: NBCUniversal and Comcast Ventures are investors in Acorns.

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