Solly Malatsi gets grilled in parliament over 'Starlink gazette', defends ICT policy directive
Communications and Digital Technologies Minister Solly Malatsi defends ICT policy, denies special treatment for Starlink, and stresses the need to align sector regulations with transformation laws through equity equivalent investment options.
Minister of Communications and Digital Technologies, Solly Malatsi, has defended his department's recently gazetted policy directive aimed at recognising Equity Equivalent Investment Programmes (EEIPs) in the ICT sector, insisting that it is rooted in legal compliance and transformation, not special treatment for any company.
This comes after Committee Chairperson Khusela Diko stated that the gazetted policy directions appear to violate the Electronic Communications Act and seem to favour the low Earth orbit satellite provider, SpaceX.
Speaking before Parliament's Portfolio Committee on Communications, Malatsi clarified that the directive is part of a broader and longstanding effort to align the ICT sector's licensing regulations with the Broad-Based Black Economic Empowerment (B-BBEE) framework.
'We are not attempting to open a special dispensation for Starlink or any other company or an individual,' Malatsi said.
'We are saying that the regulations in our sector must consistently make provision for the two choices that exist in any other sector, the 30% local ownership or the pathway of equity equivalence.'
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Daily Maverick
12 hours ago
- Daily Maverick
Trump and Musk to speak on Friday after alliance descends into public feud
By Nandita Bose and Andrea Shalal A White House official said the two men would speak on Friday. The official did not give a time for the call, which could ease the feuding after an extraordinary day of hostilities – largely conducted over social media – that marked a stark end to a close alliance. Shares in Musk's Tesla TSLA.O closed down over 14% on Thursday, losing about $150 billion in market value in the largest single-day decline in value in its history. In pre-market European trading on Friday they pared some of those losses, rising 5% after the news that the two men were scheduled to speak. Politico first reported the planned call. Musk had bankrolled a large part of Trump's presidential campaign and was then brought as one of the president's most visible advisers, heading up a sweeping and controversial effort to downsize the federal workforce and slash spending. The verbal punches erupted on Thursday after Trump criticized Musk in the Oval Office and the pair then traded barbs on their social media platforms: Trump's Truth Social and Musk's X. The falling-out had begun brewing days ago when Musk, who left his role as head of the Department of Government Efficiency a week ago, denounced Trump's sweeping tax-cut and spending bill. The president initially stayed quiet while Musk campaigned to torpedo the bill, saying it would add too much to the nation's $36.2 trillion in debt. Trump broke his silence on Thursday, telling reporters he was 'very disappointed' in Musk. 'Look, Elon and I had a great relationship. I don't know if we will anymore,' Trump said. As Trump spoke, Musk responded on X. 'Without me, Trump would have lost the election,' wrote Musk, who spent nearly $300 million backing Trump and other Republicans in last year's election. In another post, Musk asserted that Trump's signature import tariffs would push the U.S. into a recession later this year. 'The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon's Governmental Subsidies and Contracts,' Trump posted. Minutes after the closing bell, Musk replied, 'Yes,' to a post on X saying Trump should be impeached, something that would be highly unlikely given Trump's Republicans hold majorities in both chambers of Congress. Musk's businesses also include rocket company and government contractor SpaceX and its satellite unit Starlink. Musk, whose space business plays a critical role in the U.S. government's space program, said that as a result of Trump's threats he would begin decommissioning SpaceX's Dragon spacecraft. Dragon is the only U.S. spacecraft capable of sending astronauts to the International Space Station. Late on Thursday, Musk backed off the threat. In another sign of a possible detente to come, Musk subsequently wrote: 'You're not wrong,' in response to billionaire investor Bill Ackman saying Trump and Musk should make peace. PUNCHING BACK Trump and Musk are both political fighters with a penchant for using social media to attack their perceived enemies, and many observers had predicted a falling-out. Musk hit at the heart of Trump's agenda earlier this week when he targeted what Trump has named his 'big, beautiful bill', calling it a ' disgusting abomination ' that would deepen the federal deficit. His attacks amplified a rift within the Republican Party that could threaten the bill's prospects in the Senate. Nonpartisan analysts say Trump's bill could add $2.4 trillion to $5 trillion to the nation's $36.2 trillion in debt. A prolonged feud between the pair could make it harder for Republicans to keep control of Congress in next year's midterm elections if it leads to a loss of Musk's campaign spending or erodes support for Trump in Silicon Valley. 'Elon really was a significant portion of the ground game this last cycle,' said a Republican strategist with ties to Musk and the Trump administration who spoke to Reuters on condition of anonymity. 'If he sits out the midterms, that worries me.' On Tuesday, Musk posted that 'in November next year, we fire all politicians who betrayed the American people.' Musk had already said he planned to curtail his political spending in the future. Musk's increasing focus on politics provoked widespread protests at Tesla sites, driving down sales while investors fretted that Musk's attention was too divided.


The South African
14 hours ago
- The South African
Trump vs Musk vs Gates: Battle of the billionaires has just begun
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Part of the backlash in the media and on social media right now is around who started the spat, and who's going to 'win'. One Musk-supporting X user pointed out: 'Musk criticized Trump's Bill. Trump, however, criticised Musk. Elon Musk played the ball, some are arguing, while Donald Trump played the man.' Musk's first salvo against Trump's budget came when, on 3 June, he could no longer contain his disgust at Trump's 'Big Beautiful Bill' and spilt his guts about it on X, when he tweeted: 'I'm sorry, but I just can't stand it anymore. This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination. Shame on those who voted for it: you know you did wrong. You know it.' During a live press briefing in the Oval Office on 5 June, while hosting neo-Nazi, pro-Zionist, ex-Blackrock executive, German Chancellor Friedrich Merz, Trump addressed Musk's comments about the bill. 'We've done a great job. Elon knew that. Elon endorsed me very strongly. He campaigned for me.' Then Trump said, 'I think I would've won Pennsylvania easily anyway,' Trump told reporters. Elon must've been watching that press briefing live because minutes later, he responded to Trump's statement by tweeting: 'Without me, Trump would have lost the election, Dems would control the House and the Republicans would be 51-49 in the Senate.' 'Such ingratitude,' he then added. Trump went on to tell the press: 'I'm very disappointed, because, Elon knew the inner workings of this bill better than almost anybody sitting here. He knew everything about it. He had no problem with it. He only developed a problem when he found we're going to cut the EV [electric vehicle] mandate…because that's billions and billions of dollars. We wanna have cars of all types.' Trump also said, 'When he left, he said the most beautiful things about me. He hasn't said anything bad about me personally, but I'm sure that will be next. But, I'm very disappointed in Elon, I've helped Elon a lot.' Trump also later posted on his Truth Social: 'The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon's Governmental Subsidies and Contracts. I was always surprised that Biden didn't do it!' That's when the break-up started to turn nastier than the War of the Roses. The jibes went back and forth until it culminated in that earth-shattering tweet of the century from Musk. But Trump is not the only one Musk has just thrown under the Epstein bus. He recently, and in the past, did the same to Bill Gates. On 7 October 2024, during an interview with Tucker Carlson, Musk said: 'You know, I think part of why Kamala's getting so much support is that if Trump wins, that Epstein client list is going to become public. And some of those billionaires behind Kamala are terrified of that outcome.' Carlson asked Musk: 'Do you think Reid Hoffman (billionaire founder of LinkedIn) is uncomfortable?' Musk answered: 'Yes.' After a brief pause, he added, 'And Gates.' Last month, on 20 May 2025, at the Qatar Economic Forum in Doha, Musk was interviewed before a live and online audience by Bloomberg's Mishal Husain. Husain started to ask Musk about comments made by Bill Gates regarding Elon's decision to cut funding to the USAID programme – when Musk interjected. 'He's a huge liar', Musk said. 'I know, you've said that already,' Husain replied. The comments they're referring to emerged when Bill Gates, in an interview with the Financial Times on 8 May, accused Elon Musk of 'killing children in the world's poorest countries' by cutting foreign aid under the Trump administration. Gates assailed Musk for the actions he took as head of President Trump's Department of Government Efficiency (DOGE). 'He could go on to be a great philanthropist,' Gates told the magazine. 'Meantime, he's involved in the deaths of the world's poorest children.' Sticking the blade in a little deeper, he added, 'The picture of the world's richest man killing the world's poorest children is not a pretty one.' Responding to Gates' comments in Qatar, Musk sprung an unexpected gobsmacker on Husain and the audience; 'Who does Bill Gates think he is to make comments about the welfare of children, given that he has frequented Jeffrey Epstein?', he said. 'Ok, Well…', Husain started to respond, but she was drowned out by applause and cheers from the audience.' When the ovation died down, Musk added, 'I wouldn't trust that guy to babysit my kids.' It's worth noting that, curiously, Jeffrey Epstein 'committed suicide' (by breaking his own neck twice with paper sheets, while the prison cameras were switched off and the guards were fast asleep) during Trump's first term. It's also worth noting that the last remaining, vocal survivor in the Epstein case, Virginia Giuffre – who accused Prince Andrew of raping her when she was 17, a woman who was close to seeing justice served for being sex-trafficked by Epstein to Andrew and other predatory paedophiles – allegedly committed suicide on 6 April this year…during Trump's second term. What's all the more mysterious about her death is the fact that…just a few years earlier, on 11 Dec 2019, she tweeted: 'I am making it publicly known that in no way, shape or form am I suicidal. If something happens to me – for the sake of my family do not let this go away and help me to protect them. Too many evil people want to see me quieted.' Here's where it gets dubiously curious. The person who recruited Virginia Giuffre to be Jeffrey Epstein's personal 'masseuse' was Epstein's partner in life and crime, Ghislaine Maxwell (currently serving time for child sex trafficking). Ghislaine is the daughter of (media mogul and alleged ex-Mossad agent) Robert Maxwell. Do you know where Ghislaine Maxwell met and recruited Virginia Giuffre? At a place called Mar-a-Lago. Ring any bells? That's right, Donald Trump's Florida mansion. Where 16-year-old Giuffre was working as a spa attendant at the time. It's been rumoured and reported that Epstein himself was also a Mossad agent, running a 'honey trap' operation for Israeli intelligence. So far, the rumours and accusations by the Democrats of Trump playing golden showers and glass-topped coffee tables with Russian hookers in a swanky Moscow Hotel have proven to be unfounded. But if there is compromising footage of POTUS Donald Trump on Epstein island molesting minors, and that footage is being held by Mossad, it would certainly explain a lot about why Trump has allowed barbaric Bedlam Bibi Netanyahu to steamroll over him…like that bulldozer did to Rachel Corrie. Of course, the whole world and their brother – including me – have dropped everything to weigh in on this Musk-Trump (and Gates) feud. On X and other platforms, people are digging up and dropping videos from the '90s of Donald Trump with Jeffrey Epstein (and Ghislaine Maxwell) surrounded by a bevy of beautiful nubile babes, partying their a**es off at Mar-a-Lago. Others have posted photos of Elon posing alongside Maxwell. Someone posted: 'Elon Musk didn't kill himself.' Another, recommended Musk multiply his security detail immediately. Piers Morgan posted: 'Holy sh*t!' And a string of 'shocked' emojis. Alex Jones posted: 'God Help Us ALL…' Russell Dobular from Due Dissidence said in the duo's commentary video: 'This actually reinforces the idea that Elon is whacked out on drugs, because…this is such a self-destructive move.' 'Going out on a limb here – the Tesla board is going to replace Elon as the CEO by the end of the year,' he added. Tesla shares have slumped by 14% on Wall Street since Thursday's clash of the titan tycoons. Let us know by leaving a comment below or send a WhatsApp to 060 011 021 1. Subscribe to The South African website's newsletters and follow us on WhatsApp, Facebook, X, and Bluesky for the latest news.


The South African
15 hours ago
- The South African
Donald Trump-Elon Musk blow-up: How it unfolded
A timeline in quotes of the public meltdown of Donald Trump and Elon Musk's relationship over several astonishing hours on Thursday. 'Look, Elon and I had a great relationship. I don't know if we will anymore. I was surprised,' Trump told reporters in the Oval Office. The US president was responding to comments made by Musk two days earlier in which Musk had called his 'big, beautiful bill' on tax and spending a 'disgusting abomination'. Responding on X to Donald Trump's comments on Thursday, Musk fired back at 12:19 local time: 'ditch the MOUNTAIN of DISGUSTING PORK in the bill… Either you get a big and ugly bill or a slim and beautiful bill. Slim and beautiful is the way.' In the Oval Office, Trump continued: 'I'm very disappointed, because Elon knew the inner workings of this bill better than almost anybody sitting here… All of a sudden, he had a problem.' To this, South Africa-born Musk responded: 'False, this bill was never shown to me even once and was passed in the dead of night so fast that almost no one in Congress could even read it!' (12:25) And then in a fresh post 21 minutes later: 'Without me, Trump would have lost the election, Dems would control the House and the Republicans would be 51-49 in the Senate.' 'Such ingratitude.' Just over an hour later, at 13:57, Musk carried on, with a post that he pinned to the top of his timeline: 'Is it time to create a new political party in America that actually represents the 80% in the middle?' Donald Trump fired back on Truth Social under an hour later, as the spat got increasingly bitter. 'The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon's Governmental Subsidies and Contracts. I was always surprised that Biden didn't do it!' (14:37) US media have put the value of the contracts at $18 billion. At 15:10 Musk referred to US government documents on disgraced financier Jeffrey Epstein, who committed suicide in jail while awaiting trial for sex crimes. 'Time to drop the really big bomb: @realDonaldTrump is in the Epstein files. That is the real reason they have not been made public. Have a nice day, DJT!' 'I don't mind Elon turning against me, but he should have done so months ago. This is one of the Greatest Bills ever presented to Congress.' (Trump, 16:06). 'In light of the President's statement about cancellation of my government contracts, @SpaceX will begin decommissioning its Dragon spacecraft immediately' (Musk, 16:09). SpaceX's Crew Dragon is currently the only US spacecraft certified to carry crew to the International Space Station under a contract worth more than $4.9 billion. Later in the day, Musk appeared to walk back his earlier comment on this subject, replying to a user on X: 'OK, we won't decommission Dragon,' though his tone was unclear. Let us know by leaving a comment below, or send a WhatsApp to 060 011 021 1 Subscribe to The South African website's newsletters and follow us on WhatsApp, Facebook, X and Bluesky for the latest news. By Garrin Lambley © Agence France-Presse