💨 Abstract

Starlink, under Elon Musk's SpaceX, plans to invest over R2 billion in South Africa, potentially bypassing local Black Economic Empowerment (BEE) policies. The company proposes equity equivalent investment programs (EEIPs) as an alternative to traditional ownership requirements. This move has sparked mixed reactions on social media, with some advocating for the investment despite BEE policies and others questioning the motives and legality of bypassing these regulations.

Courtesy: Megan van den Heever