
By REGINALD KANYANE
25 May 2025- The Congress of the People (COPE) said it unequivocally condemns the alleged disgraceful decision by Minister of Communications and Digital Technologies, Solly Malatsi, to tamper with the Broad-Based Black Economic Empowerment (BBBEE) legislation, a complete betrayal of South Africa’s transformation agenda. COPE said this is not policy reform, but a legislative betrayal.
COPE’s acting national treasurer, Teboho Loate said what Malatsi is doing is that he is opening the backdoor for billionaire Elon Musk and his Starlink enterprise to enter South Africa without adhering to the legislation imperative of 30% black ownership. Loate said to be clear, this is not empowerment.

“It is cowardice. Once again, President Cyril Ramaphosa’s government has bowed before the altar of white capital, foreign interests and right-wing propaganda.
“The same embarrassing delegation that paraded itself at the White House, a group of golfers and disconnected elites has returned not with dignity, but with a legislative sell-out disguised as the so-called Equity Equivalent Investment Programme (EEIP), spitting in the face of South Africa’s long and painful transformation journey,” he said.
Loate further said Malatsi wants to tell South Africans that this amendment will attract multinational investment. He added that, but what he truly means is, “Let us bend our rules so foreign billionaires can bypass our people and our policies.”
“The BBBEE legislation is not optional and non-negotiable. If a multinational wants to do business here, it should be a given that foreign investors doing business in South Africa must ensure that they empower historically disadvantaged South Africans.
“That means ownership, which means real participation. This has nothing to do with innovation or connectivity. It has everything to do with giving in to the influence of Elon Musk, a known right-wing tech billionaire, who has shown open disdain for our democracy and our people,” he said.
Loate said Musk has shamelessly pushed false, racist narratives of “white genocide” and aligned himself with organisations and ideologies hostile to South Africa’s transformation. He said they should not pretend this betrayal is coincidental.
“The timing of this gazette, immediately after a suspicious, self-serving trip to the US, is not by chance. Following high-profile meetings with Donald Trump, Ramaphosa’s administration now appears to be facilitating Elon Musk’s entry into South Africa, a country he has controversially accused of targeting white people for genocide.
“We must ask ourselves questions around Starlink, given the character of its owner. Is Starlink simply a tech venture, or is it a surveillance operation disguised as a satellite dish?” he asked.
Loate said why would the country allow someone with clear political interests and ties to extremist ideologies to establish this kind of infrastructure in South Africa, without firm guarantees for the sovereignty, the data and the people? He said they should not stand by while a sitting minister spits on the principles of economic justice to appease US billionaires.
“South Africa is not for sale. Our laws are not bargaining chips. Our dignity will not be traded for satellites. We call on all South Africans to reject this betrayal.
“We must defend the principles of empowerment, equality and justice, not only in word, but in action,” said Loate.
