🇿🇦 South Africa 10h ago

5,000 schools, R500m, 2.4m learners: Elon Musk's Starlink offer stalled by ownership rules

BizNews South Africa
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5,000 schools, R500m, 2.4m learners: Elon Musk's Starlink offer stalled by ownership rules
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A Starlink offer to connect 5,000 mainly rural South African schools, which would reach more than 2.4 million learners a year, is still on hold because of local ownership rules. Instead of giving 30% of its local operation to historically disadvantaged groups, the company proposed a R500 million equity equivalent investment. Microsoft, IBM and AWS already use this kind of arrangement. Communications minister Solly Malatsi supported the change, but ICASA says it won’t act until the Electronic Com

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