Malatsi Clarifies B-BBEE. You Don’t Have to Sell Shares, but You Do Have to Buy In.

Malatsi clarifies B-BBEE. You don’t have to sell shares, but you do have to buy in.

Communications Minister Solly Malatsi has clarified the new policy direction with a new filing and full statement. It is more nuanced than Daily Maverick first reported.

Minister Solly Malatsi issues ICT directives relaxing BEE laws

The move is in favour of equity equivalents that will allow foreign investors to enter the ICT sector by scoring BEE points by activities like investing in infrastructure in rural areas.

Solly Malatsi gazettes new draft rules for foreign telecoms operators

Communications minister has issued a directive to enable foreign telecoms operators to enter the market without adhering to empowerment laws

Communications Minister Solly Malatsi denies BBBEE amendments accommodate Starlink

The Minister of Communicatons, Solly Malatsi, said that the proposed changes to the Broad-Based Black Economic Empowerment laws were not for Starlink.

Malatsi’s pragmatic step welcomed, but bigger strides needed to unlock growth – IRR

Minister of Communications and Digital Technologies Solly Malatsi’s decision to direct the Independent Communications Authority of South Africa (ICASA) to “urgently consider” regulatory changes in the telecoms sector – especially regarding race-based barriers to investment such as BEE – is a welcome step towards shifting South Africa to a pro-growth footing.