Tech entrepreneur Elon Musk has questioned South Africa's company ownership policies, specifically regarding historically disadvantaged groups, after the country's president, Cyril Ramaphosa, responded to US President Donald Trump's threat to cut funding over land reforms. Musk's Starlink satellite internet service remains unavailable in South Africa, despite its launch in neighboring countries, fueling speculation about the impact of these ownership laws on its rollout.
As his Starlink satellite service remains unavailable in the country, tech tycoon Elon Musk has questioned South African company ownership policies.
“The United States won’t stand for it, we will act. Also, I will be cutting off all future funding to South Africa until a full investigation of this situation has been completed!” “We look forward to engaging with the Trump administration over our land reform policy and issues of bilateral interest. We are certain that out of those engagements, we will share a better and common understanding over these matters.PEPFAR
SA is still eagerly awaiting Musk’s Starlink satellite internet service in the country. With Starlink already launching in SA’s Southern African peers, there’s been a lot of questions around why the satellite-based internet service has yet to be launched in the tech billionaire’s country of birth. There was hope that the service would soon be available in SA after Ramaphosa met with Musk in New York last year.
Business Politics STARLINK ELON MUSK SOUTH AFRICA OWNERSHIP POLICIES DONALD TRUMP
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