2024-09-15 19:25:47
Misleading: One of the requirements, Icasa said, is that applicants must "have a minimum 30% equity ownership held by persons from historically disadvantaged groups, which includes black people, women, youth and people with disabilities" [Link] NEEDS_MORE_RATINGS(6-2-52) Author
2024-09-15 21:37:05
NNN While it is true that it isn't only those of African descent that are "disadvantaged." The main thrust of the post is correct and isn't misleading. As such, if you wish to add additional context, do so in the comments. NEEDS_MORE_RATINGS(27-1-5) Author
2024-09-16 06:44:47
The claim that Elon Musk must give 30% of his business to Black South Africans for free to operate in SA is false. The ICASA Act requires 30% ownership by previously disadvantaged groups, but they must raise the capital to acquire the shares. It’s not a free transfer. [Link][Link][Link] NEEDS_MORE_RATINGS(4-1-9) Author
2024-09-16 07:05:24
Musk is not required to ‘give away for free’ any portion of Starlink equity. The rule could also be met by selling 30% of Starlink equity to people from ‘historically disadvantaged groups’, which ICASA defines as “black persons, women, persons with disabilities and the youth”. [Link] NEEDS_MORE_RATINGS(5-0-10) Author