Musk Faces South Africa Equity Rules Challenge

South African President Cyril Ramaphosa has indicated that Elon Musk might be able to satisfy the nation's racial equity requirements for his Starlink internet service through equity-equivalence programs. This approach would allow Musk to invest in alternative programs rather than directly taking ownership stakes, similar to how some US companies comply with such regulations. The statement highlights a potential pathway for Starlink's expansion in South Africa, despite ongoing discussions about ownership structures and compliance with local economic empowerment policies.