Internet industry backs Solly Malatsi’s BEE reform plan

Internet industry backs Solly Malatsi’s BEE reform plan

Communications minister Solly Malatsi The Internet Service Providers’ Association (Ispa) has voiced its support for communications minister Solly Malatsi’s plan to reform empowerment rules in ICT sector licensing. A draft policy direction by Malatsi calls for the introduction of equity equivalents in licensing so companies don’t have to sell equity to black investors and can…

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Ramaphosa defends equity alternatives for BEE

Ramaphosa defends equity alternatives for BEE

Cyril Ramaphosa. Image: GCIS Among the most salient features of South Africa’s empowerment laws are their practicality, feasibility and responsiveness to economic conditions without deviating from the objective of redressing the economic injustices of exclusion of the past. This stems from the need to meet two separate but interdependent objectives. The first is to achieve…

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Ramaphosa backs Malatsi’s BEE reforms for ICT sector

Ramaphosa backs Malatsi’s BEE reforms for ICT sector

President Cyril Ramaphosa President Cyril Ramaphosa has voiced his support for the process undertaken by communications minister Solly Malatsi to introduce equity equivalent investment programmes (EEIPs) in the ICT sector. Malatsi in May published a draft policy directive, which he intends issuing to Icasa, urging the communications regulator to investigate how EEIPs, which are already…

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