South African President Cyril Ramaphosa is seeking investments from Elon Musk’s companies, including Tesla and Starlink, in exchange for relaxing local Black ownership requirements for Starlink’s satellite network. Musk’s growing political influence, including his role as a leading adviser to President-elect Donald Trump, is helping to break down resistance to Starlink’s global expansion, with many governments now seeking to attract his business. Starlink has already conquered over 100 countries and territories, offering high-speed internet services and outpacing rivals, with Musk’s company using its technological and business advantages to pressure regulators to bend or scrap laws that restrict its operations. Ondiro Oganga reports on Bloomberg Television.
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance:
Visit for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X:
Facebook:
Instagram:
Connect with Bloomberg Business on:
X:
Facebook:
Instagram:
TikTok:
Reddit:
LinkedIn:
More from Bloomberg:
Bloomberg Radio:
Bloomberg Surveillance:
Bloomberg Politics:
Bloomberg Originals:
Watch more on YouTube:
Bloomberg Technology:
Bloomberg Originals:
Bloomberg Quicktake:
Bloomberg Espanol:
Bloomberg Podcasts:


![Bad News For South Africa & Good News For Zimbabwe And Mozambique [Watch to See Full Details] Bad News For South Africa & Good News For Zimbabwe And Mozambique [Watch to See Full Details]](https://wp.fifu.app/afroconsciousmedia.com/aHR0cHM6Ly9pLnl0aW1nLmNvbS92aS9Uak5nMWdFYjBIQS9tYXhyZXNkZWZhdWx0LmpwZw/04687fea7bfb/bad-news-for-south-africa-good-news-for-zimbabwe-and-mozambique-watch-to-see-full-details.webp?w=480&h=360&c=1&p=21332)









Dont trust rama the poser Elon. He'll lie to you like he does to his population
Miku Miku Miku
As a South African I don't know what this lady knows about South Africa but hopefully Starlink will be affordable for South Africans. The problem is the big mobile networks have their hands in the government's pants. It's a corrupt country and Lord only knows how the negotiations will go with a president who had dollars stuffed in his couch. The ANC doesn't want progress and access to information because the emotional manipulation by misinformation of the public and news from gossip is what keeps the electorate ignorant enough to keep voting for the corrupt. Hopefully we can get a reliable fast internet service in South Africa. In this age access to information is a human right.
Elon will not give 30% of this business to a bunch of lazy bozos its for that reson we dont have starlink
You have a non-South African correspondent in South Africa: check
The correspondent cannot pronounce the South African President's name correct: check
Make yourself a joke: check
Elon knows – and should rememeber – that Ramaphosa's ANC is the No. 1 Enemy of Free Market, Business and Economic Growth. But if he can do even one significant thing to break the Communist / Socialialist Straightjacket under which Business has to operate in South Africa, it will be hugely appreciated – and Millions of South Africans will benefit (instead of the massive downward spiral currently in place).
We do not want that stalink. We have laws if you do not accept our laws then do no come. Other bussines follow the laws. We have our local internet companies. which is way cheaper compared to that expensive sta link
Lol rra mafosa . O fosetse eng
South African Black Empowerment laws are routinely abused to line the pockets of undeserving ANC caders.
I won’t touch starlink . It has been used in warfare. I’ll definitely give it a miss .
This is old news. Why are you pushing it now. Almost 3 months old.
BEE is done from this racist Government…
Ramapoesa want nothing to do with USA actually he love his boyfriend Putin to much
We must be careful of Ramaphala he is part of illuminati this Elon Musk is part of the Secret Society
Makes no sense since no South African is involved in the interview? As far as I know the Starlink system will not be introduced without BEE. And that is not good for South Africa. Musk dances to his own tune anyways….
Cyril Ramafosa😂
Musk going to exploit South Africa. He is still resentful about his childhood trauma growing up here.
Musk going to exploit South Africa. He is still resentful about his childhood trauma growing up here.
Do not trust Ramaphosa!
Agree with some of these comments – additionally – The information is not accurate – it's 40% – not 30% for BBEEE.
What's happening with Ramaphosa aaai
Its oganga not oganga!😅
Just give everyone starlink stop making it about race
…just give Rhamaphosa shares… those links possibly will be up so fast your head will spin… 😂
Great if Musk can operate in RSA , unhindered by the racist AA & BEE Laws .
This Musk precedent will make way for all RSA businesses to employ on the basis of skill , experience and the appropriate dose of enthusiasm for the job , as opposed to employment on the basis of hue , but no experience or enthusiasm to add value to the employers market segment.
I thought as much as😅 an American Government agent to access SA, saw it coming….
Musk is dealing with a stiff necked South African government that does not cate about its people and is caught up with its past
Ramaphosa should give major advantages to citizens because if starlink comes then disrupt mtn which has much workforces wjilst starlink operate straight from usa
Piss poor reporting , they have literally told us nothing
Well in south africa we pay more that any country for internet and our networks here are rapping the average south African so can't wait for star link and some one has to bring better rates so with the banks it advertising 23 percent but we really pay 55 percent back commission mongers all of them
He want money in his mattress,corrupt ANC
Biggest reason why Musk doens't want Starlink or Telsa in South Africa is becuase of tge BEEE structure. Whish is good thing becuase look what it did to most major companies in SA. You are smart Musk.
Musk must not do this. He is wasting his money. The communist unions will first get hold of it and throttle it. This government needs more money to steal. I think they have run out of money. My advise is to stay away Elon. You dont need this BS in your life believe me.
He's going to use it for disinformation and spying on everyone, Musk hates post apartheid south Africa.
If it doesn’t suit our ministers pockets it won’t happen
As simple as that in South Africa
Please bring Starlink to Namibia, our service providers are not performing
Please. Elon do not invest in this country Ramapoesa will take it all for himself and his comrades. If you give them Starlink he will give the technology to Putin
Hopefully Elon are not falling for the sweet talk filled with lies of Ramaposa.🤬
Musk must NOT listen to idiot ,crook lairer Cyril ramaphosa
Elon tell Ramapartheid you will bring Starlink to SA when and if he get rid of his BEE Apartheid laws.
Mr must watch out for Rama clown he is a snake and a child of satan and don’t fall for the BEE shit
Watch out the ANC will just steal money from you Mr musk dont trust them
🤣🤣🤣 SA LAWWWWWWW 🥴🥴BBBEEEEEEE Rasism
Elon for RSA president!
Don't forget to pray for that man he is setting a stage for untilchrist they are using him
Musk says it's because he's not black. I hope he feels what he does to people he kicks off x for telling truth with English words. Such thin skin he has.
Shes NOT South African.. WTF?