Elon Musk's Starlink must comply with local BEE laws, says Parly comms committee
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3 Articles
Elon Musk's Starlink must comply with local BEE laws, says Parly comms committee
This after the US company told the Independent Communications Authority of South Africa (ICASA) that it should reconsider its rules that require a 30% shareholding by 'historically disadvantaged' groups or black investors.
Starlink: This is what Elon Musk's SpaceX says about BEE
South Africa's BEE rules a hurdle for Elon Musk’s SpaceX
SpaceX has raised concerns that South Africa’s current Broad-Based Black Economic Empowerment (BEE) ownership regulations are a major obstacle for international satellite services, including its own Starlink, to operate effectively in the country, Cape {town} Etc reports. The company has suggested that an equity equivalence programme could be a more practical solution. In a formal submission to the Independent Communications Authority of South A…
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