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

SIU and NHLS granted get Special Tribunal order to freeze Hamilton Ndlovu's assets

-

 

accreditation
Lwandile Bhengu
0:00
play article
SUBSCRIBERS CAN LISTEN TO THIS ARTICLE
Hamilton Ndlovu.
Hamilton Ndlovu.
Screen grab. YouTube
  • The Special Investigating Unit is probing allegations that eight companies linked to businessman Hamilton Ndlovu irregularly benefited from National Health Laboratory Service tenders valued at  R172 million. 
  • The Special Tribunal granted the unit and laboratory service an order freezing Ndlovu's assets, including properties, valued at R42 million.  
  • Ndlovu was thrust into the spotlight after a video of him showing off five new luxury cars went viral. 

The Special Investigating Unit (SIU) and National Health Laboratory Service (NHLS) have obtained a Special Tribunal order to prohibit businessman Hamilton Ndlovu from disposing of his assets, valued at R42 million.

Ndlovu is under investigation for allegedly colluding with NHLS procurement officials to secure personal protective equipment (PPE) tenders. It is alleged that eight companies linked to Ndlovu irregularly obtained contracts worth R172 million. 

The Special Tribunal granted the order, pending a review application that the SIU and the NHLS want to bring forward to set aside the procurement transactions and make Ndlovu, and those who were recipients, pay back the money.

READ | Covid-19 corruption: Hamilton Ndlovu's lover, NHLS CFO granted R20 000 bail over PPE tender

"In terms of the order, Ndlovu, Zaisan Kaihatsu (Pty) Ltd and Bugatti Security Services and projects, second and fourth respondents, respectively, are restrained, interdicted and prohibited from transferring any of the properties; and/or encumbering the property with a mortgage bond; and/or allowing the retention to be established over the property; and/or selling or leasing the property," the Special Tribunal said in a statement.

"The respondents may apply for the reconsideration of the order in terms of Rule 12 (9) of the Special Tribunal. In such an event, the parties shall avail themselves for case management where dates for the filing of further papers and the hearing of the reconsideration application shall be determined in line with Rule 19 of the Special Tribunal Rules," it added.

In March, Ndlovu was hit with a similar preservation order, obtained by the South African Revenue Service for R60 million.

The tribunal has given Ndlovu 30 days to apply for a review.

Last year, the 33-year-old was thrust into the spotlight after a video of him showing off five new luxury cars went viral.

More videos

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