South Africa’s Minister Faces Backlash Over Equity Law Changes Favoring Foreign Tech Giants like Starlink

South Africa’s Communications Minister Solly Malatsi is under fire for his proposal to amend local equity laws, with critics suggesting that the changes could favor foreign tech giants like Starlink. Khusela Sangoni Diko, who heads the communications committee, has voiced concerns that the proposed amendments may undermine the country’s transformation objectives. Currently, South Africa mandates that companies seeking licensing must have 30% ownership by historically disadvantaged groups, a requirement that could potentially pose a barrier to Starlink’s entry into the market. The proposed changes have sparked a debate regarding foreign investment in the country’s communications sector, with stakeholders weighing in on the potential impact of such amendments. Stay updated on the latest developments in South Africa’s communications landscape as the government navigates the complexities of balancing local empowerment goals with attracting international investment.

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