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South Africa Sets the Stage for Starlink Approval
- The South African government initiated a policy review process to potentially approve Starlink for use in the country without requiring Elon Musk to sell shares to Black South Africans, as per the current ownership regulations for foreign companies.
- South African law mandates foreign companies to offer partial ownership to historically disadvantaged groups to address economic inequality remaining from apartheid, a system of racial segregation that ended three decades ago. Elon Musk, born in South Africa, has criticized these laws as racist.
- The announcement follows a recent event where Elon Musk met with President Ramaphosa of South Africa, during which President Trump made false claims about mass killings of white farmers in South Africa. The US government is advocating for American companies, like Starlink, to be exempt from the ownership requirement.
- The potential approval of Starlink and discussions around business opportunities for Musk are considered part of a strategy for President Ramaphosa to improve US-South Africa relations and negotiate a new trade deal, following the tense meeting in the Oval Office.
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