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South Africa Denies Favoritism Toward Musk's Starlink Through Regulatory Relaxation
2025-05-28 /
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Author：小编
On Tuesday, South Africa's Minister of Communications refuted allegations that a proposed policy easing black ownership requirements for tech firms was not designed to benefit Elon Musk's Starlink venture. Current South African legislation mandates that foreign companies must sell 30% of their subsidiary's shares to black or other historically disadvantaged shareholders as a condition for obtaining an operating license.
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