Tag: sterlink
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South Africa may bend telecom rules for Elon Musk’s Starlink
South Africa may be on the verge of a major policy shift, as reports suggest it is preparing to grant Elon Musk’s Starlink a special exemption from Black Economic Empowerment (BEE) requirements. The government is proposing a workaround to South Africa’s BEE laws, which currently require a minimum of 30% Black ownership in foreign telecom ventures operating…
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Nvidia discloses more China risks, but CEO praises Trump
Even as Nvidia reported another blockbuster quarter of 69% sales growth on Wednesday, the maker of artificial intelligence chips warned of more emerging risks to its business due to the technology conflict between the U.S. and China. Tucked into Nvidia’s quarterly filing with U.S. securities regulators, Nvidia for the first time said restrictions on the…
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Ghana signs $1 billion deal with UAE to build Tech Hub in Ningo-Prampram
Ghana and the United Arab Emirates (UAE) have signed a $1 billion memorandum of understanding (MoU) to establish a world-class technology and innovation hub in Ningo-Prampram, a district in Accra. The agreement was signed by Ghana’s Minister of Communication, Digital Technology and Innovations, Samuel Nartey George, and the Chairman of the Ports, Customs and Free…
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“Starlink should be in South Africa only if it plays by our rules” — Youth ICT Council President
On May 23, South Africa’s Communications Minister, Solly Malatsi, released a policy amendment to allow multinational corporations to use Equity Equivalent Investment Programmes (EEIPs) as an alternative to the strict Broad-Based Black Economic Empowerment (B-BBEE) ownership. While the update to South Africa’s policy appeared routine, the timing, following President Cyril Ramaphosa’s meeting with President Donald Trump in…
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