South African Lawmakers Seek Halt to Easing Rules for Starlink
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000The parliamentary committee that oversees South Africa’s telecommunications industry called for the withdrawal of a policy directive that would enable Elon Musk’s SpaceX and other satellite-internet companies to operate in the country without ceding ownership.Communications and Digital Technologies Minister Solly Malatsi last week published an official notice asking the industry regulator to amend its rules to allow equity-equivalent investment programs to count toward empowerment, rather than insisting only on a 30% local Black-ownership requirement. The directive came after a public-consultation process in which he said 90% of submissions supported the decision.