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South Africa considers easing B-BBEE rules for Starlink | Reason news


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South Africa's digital future hangs in the balance as a controversial policy shift could pave the way for Elon Musk's Starlink to finally enter the country! But there's a massive hurdle: the nation's strict Broad-Based Black Economic Empowerment (B-BBEE) laws. Minister Solly Malatsi has gazetted a draft directive proposing to relax B-BBEE ownership requirements for satellite internet providers, allowing for "equity equivalent investment programmes" as an alternative to the mandatory 30% Black ownership.

#StarlinkSouthAfrica #ElonMusk #BBEEE #SouthAfrica #DigitalDivide #InternetAccess #TechNews #Controversy #PolicyShift #SollyMalatsi #ICASA #SpaceX #Broadband #EconomicEmpowerment #Transformation

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Reason NewsBy Allisha Gayapersad Chetty