South Africa’s government plans to push ahead with a policy directive that provides a workaround to Black-ownership requirements in the telecommunications industry, aiming to encourage Elon Musk’s Starlink and other satellite services to operate in the country.

During CNBC’s Squawk Box Monday, co-host Andrew Ross Sorkin asked Tennessee Senator Bill Hagerty about the president’s recent outrage at Walmart. The mega retail chain’s CFO warned last week that consumers might start to see higher prices on products as soon as June.

South Africa waives mandatory 30% Black ownership rule for Elon Musk's Starlink amid complicated diplomatic relations with the US

A change to black ownership requirements in the ICT sector could pave the way for Starlink to operate in the country.

South Africa's President Cyril Ramaphosa plans to discuss business opportunities for Elon Musk's companies during a visit to Washington this week aimed at mending relations with U.S. President Donald Trump,

Elon Musk has spoken out about the bill multiple times, often alongside his claims that a "white genocide" is taking place in South Africa, usually in reference to farm murders and the political rhetoric of Julius Malema, the head of a left-wing political party the Economic Freedom Fighters (EFF).

South Africa’s President Cyril Ramaphosa will hold crucial talks at the White House with US President Donald Trump on Wednesday in a high-stakes meeting that could improve or deteriorate already frosty relations between the nations.

Elon Musk has sharply attacked South Africa’s black economic empowerment legislation, describing the country’s BEE laws as “utterly wrong and improper”.