A single 4Mbps ADSL line is sufficient for browsing for over 600 employees where I work.
We use a caching proxy server with strict policies.
You only get full access to the Internet if you're a manager or need special access and even then you are limited and monitored for abuse.
All other users can only browse a list of business related web sites.
Webmail sites, Youtube, Facebook, etc. are banned for all users.
Once a download or Flash application reaches 4MiB the bandwidth is rate limited down to 500 Bytes/sec during business hours. This limit is removed after hours.
The managers are emailed a report of their staff web usage every week if their staff use more than 50MiB per week for personal browsing.
Managers have live reports of their staff's browsing (URLs and bandwidth).
The problem is that most organisations aren't strict enough on personal use of the Web and email and it ends up being a free for all.
If we allowed staff to browse at will, more than half the company would sit and surf all day long instead of working.
Certain South African's have a poor work ethic (do as little as possible for as much salary as possible).