30% ownership rule waived for Elon Musk in South Africa

Home » 30% ownership rule waived for Elon Musk in South Africa

South Africa has made an exceptional regulatory decision allowing Elon Musk’s Starlink satellite internet service to operate without meeting the country’s post-apartheid Black ownership requirements. This unusual exemption comes during a period of strained relations between South Africa and the United States, highlighting the complex intersection of business, politics, and historical context. Understanding the 30% […]

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