South Africa Considering Exempting Musk from Black Ownership Rules

South Africa is exploring a potential workaround to its Black economic empowerment rules to attract investments from Elon Musk’s companies. Under current regulations, firms that wish to operate in the country must allocate at least 30% of their operations to Black locals. However, government officials are considering an “equity equivalent” option—potentially in the form of…

Fixing BEE rules is not just about Starlink

mybroadband.co.za - 16/Feb 07:00

Communications Minister Solly Malatsi is in discussions with the Independent Communications Authority of South Africa about implementing equity...

Did Musk's Starlink BEE sting suit him up to fight with SA?

dailynews.co.za - 17/Feb 14:14

Elon Musk’s efforts to launch Starlink in South Africa have so far faced significant hurdles, leading to tensions between Musk, the US and the South...

Land ownership is not clear-cut in SA

dailyfriend.co.za - 20/Feb 02:30

Racially motivated land reform is one of the most nonsensical, irrational and misunderstood obsessions among the politically minded in South Africa....

How Modi govt’s new EV policy may help Elon Musk’s Tesla

times of india - 21/Feb 06:30

India is set to unveil regulations to encourage electric vehicle manufacturing, allowing companies like Tesla to test the market before investment....

Julius Malema an international criminal, Elon Musk an enemy of South Africa, bitter spat intensifies

dailynews.co.za - 09/Feb 17:00

Economic Freedom Fighters leader Julius Malema has told the South Africa-born US billionaire Elon Musk to “go to hell” after he made calls on X...

Julius Malema branded ‘International Criminal,’ Elon Musk called ‘Enemy of South Africa’ as feud escalates

dailynews.co.za - 10/Feb 07:20

Economic Freedom Fighters leader Julius Malema has told the South Africa-born US billionaire Elon Musk to “go to hell” after he made calls on X...

PETAN Demands $1.5 Billion Local Contracts from Shell’s Bonga North Project

arise.tv - 12/Feb 05:43

PETAN has urged Shell to allocate $1.5bn from Bonga North to local firms, emphasising Nigeria’s dedication to indigenous participation.

Big data comes to Soweto

gadget.co.za - 18/Feb 22:50

ORT South Africa and Support Teacher Empowerment Trust have launched a

Big win for Manchester City as Premier League's commercial deal rules declared 'void and unenforceable'

dailynews.co.za - 14/Feb 19:40

In a landmark ruling that shakes the foundations of English football, an arbitration panel has declared the Premier League's rules governing...

How to protect yourself from financial scams in South Africa

dailynews.co.za - 20/Feb 10:01

As 2025 has set in and South Africans find their feet after ‘Januworry’, financial scams remain a threat. The 2024 Identity Fraud Report noted...

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