South Africa’s Minister Faces Backlash for Equity Law Changes Favoring Foreign Tech Giants, Criticized for Undermining Transformation Goals

South Africa’s Communications Minister Solly Malatsi is under scrutiny for his proposal to amend local equity laws, which could favor foreign tech giants such as Starlink. The head of the communications committee, Khusela Sangoni Diko, has criticized this move, stating that it goes against transformation objectives. The existing law mandates that 30% of ownership must be held by historically disadvantaged groups to obtain licensing, a requirement that could impede Starlink’s expansion into the market.

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