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. This explosive move aims to bridge the digital divide and bring high-speed internet to remote areas, a game-changer that Starlink promises with its low-Earth orbit satellites. However, critics are already crying foul, questioning the legality and fairness of such an exemption. Is South Africa bending its own laws for a foreign billionaire? What does this mean for local businesses and the country's transformation agenda? #StarlinkSouthAfrica #ElonMusk #BBEEE #SouthAfrica #DigitalDivide #InternetAccess #TechNews #Controversy #PolicyShift #SollyMalatsi #ICASA #SpaceX #Broadband #EconomicEmpowerment #Transformation Source: Newzroom Afrika Disclaimer: The content contained in this material is protected by the copyright laws of South Africa. Any unauthorized reproduction, distribution, or public performance of this material is strictly prohibited. Viewer Discretion: The content of this material includes mature conversations and themes that may not be suitable for all audiences. Viewer discretion is advised. Accuracy of information: While every effort has been made to ensure the accuracy of the information presented, Reason Media makes no warranties or representations as to the completeness or accuracy of the content. Viewers are advised to verify any information before relying on it. Third-Party Content: This material may contain content provided by third parties. Reason Media does not endorse or assume any responsibility for the accuracy, completeness, or reliability of any third-party content. Any opinions, advice, statements, or other information expressed by third parties are those of the respective authors and not of Reason Media. Don't miss these important updates! Hit that play button and get informed. đź””Subscribe for regular updates on what's happening around the world! ✅ Stay Connected With Us. 👉Facebook: https://ift.tt/eu9KFW0 👉Instagram: https://ift.tt/3BCgcvz 👉Tiktok: https://ift.tt/RlUJ0qa 👉Twitter: https://ift.tt/69gRt23 👉Threads: https://ift.tt/3Gn2fcD 👉Linkedin: https://ift.tt/HhWUkBe
from Mpho Dagada Network https://www.youtube.com/watch?v=qsthUYeLybY
No comments:
Post a Comment