South Africa is reworking its ICT policy to attract global players like Elon Musk’s Starlink by offering more flexible compliance options. The new draft policy introduces equity equivalent investment programmes (EEIPs), allowing foreign companies to support digital inclusion projects instead of handing over local ownership stakes. The draft marks a significant shift from the existing 30% local ownership requirement that has kept Starlink out of the market. With EEIPs, companies can invest in areas such as skills development, infrastructure, and SMMEs. Communications Minister Solly Malatsi says this move aims to unlock opportunities for millions through better digital access. The public has 30 days to provide feedback before the policy is finalized and implemented by ICASA.
Techcabal
