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JSE:TKG 19 June 2025

South Africa’s Internet Access Revolution: The Shocking Truth About Connectivity in 2025

South Africa’s Internet Access Revolution: The Shocking Truth About Connectivity in 2025

Telkom/Openserve’s ADSL subscribers fell below 36,000 by end-2024, down from over 1 million in 2015, as fiber-to-the-home subscriptions rose to 2.47 million. Over 69% of South Africans access the internet via mobile, while only 13% of households have fixed-line internet. Vodacom’s 5G covers 52% of the population, MTN 45%. Starlink’s entry remains blocked by licensing rules as of mid-2025.
19 June 2025
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Stock Market Today

  • SpaceX IPO Propels Elon Musk to Trillionaire Status
    June 13, 2026, 12:49 PM EDT. SpaceX's historic initial public offering (IPO) on Saturday marked a significant milestone, making Elon Musk the world's first trillionaire. The IPO also benefited over 4,000 SpaceX employees, turning them into millionaires. Musk's ventures, including SpaceX and Neuralink, underscore his impact on private sector innovation and American enterprise. The event highlights Musk's journey from South Africa and his defiance of industry skeptics, drawing praise for exemplifying successful capitalism.

Latest articles

Berkshire Hathaway Shares Up With Taylor Morrison Deal Vote Ahead

Berkshire Hathaway Shares Up With Taylor Morrison Deal Vote Ahead

13 June 2026
Berkshire Hathaway Class B shares closed up 0.71% at $489.25 after a key proxy filing advanced its $8.5 billion all-cash Taylor Morrison acquisition, spotlighting CEO Greg Abel’s capital allocation strategy as investors weigh modest valuation appeal against housing-cycle risks and await the shareholder vote as the next major catalyst.
Cisco Shares Slip as Wall Street Weighs AI Hopes Against Valuation

Cisco Shares Slip as Wall Street Weighs AI Hopes Against Valuation

13 June 2026
Cisco slipped 0.6% to $121.10 Friday, underperforming the S&P 500, as investors await its fiscal Q4 report to gauge if booming AI infrastructure orders—now forecast at $9 billion for 2026—can offset margin and valuation risks; Morgan Stanley raised its price target to $130, citing strong AI demand, but high P/E and margin pressure keep the stock fairly valued and sensitive to upcoming results.
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