💨 Abstract

South Africa is considering changes to its Black Economic Empowerment (BEE) laws in the telecommunications sector to attract more investment, including potentially allowing Elon Musk's Starlink to operate in the country. The proposed amendment would enable companies to meet BEE requirements through investment in local suppliers, job creation, or funding black-owned small businesses, rather than direct ownership transfers. The move comes as part of a broader effort to boost foreign investment and stabilize trade relations with the US.

Courtesy: Garrin Lambley