We warned him; “unfortunately, he chose to be legally delinquent,” says Parliament Communications Portfolio Committee chair Khusela Diko. This followed Icasa striking down Communications Minister Solly Malatsi's hopes of securing Elon Musk’s Starlink by introducing equity equivalent investment programmes as a substitute for broad-based black economic empowerment. Watch: tinyurl.com/554xtw7t

The ANC is hell bent on clinging onto the 30%- BBBEE ownership model, instead of moving the telecoms sector to EEIP. EEIP has far more broad benefits than the 30% BBBEE ownership. Its quite obvious why the ANC wants to cling onto 30% BBBEE ownership.

@UnityInSA @Newzroom405 But Solly can follow the law to amend or insert EEIP 🤷🏽‍♂️

You are correct and I assume that he will now probably go that route. But what I find surprising is that the ANC (and others) seem to be resisting the move to get telco companies onto EEIP. If one looks at the companies that were granted approval to use EEIP, they are from various sectors, eg. ICT, manufacturing, construction, agriculture, maritime, automotive & financial services. The question I have is: why did they exclude Telco companies? I suspect that it is something to do with the ownership of some of the telco/mobile companies in South Africa. They could have allowed them to use EEIP a long time ago, but for some reason they kept them on 30% BBBEE ownership. I am sure that if one digs deep, it will come down to money and beneficiaries.

@UnityInSA @Newzroom405 I believe I have explained what must happen, you are saying a lot but honestly Solly must follow the process . That’s it .

@UnityInSA @ianzo100 @Newzroom405 You are very unintelligent

@UnityInSA @ianzo100 @Newzroom405 She is simple explaining the law and the way around it Why is the minister to desperate to please this company?