Elon Musk criticises South Africa’s ‘racist’ business ownership laws

Why do you have openly racist ownership laws? Elon Musk commented to President Cyril Ramaphosa‘s response to Trump’s decision to stop sending aid toSA

Elon Musk criticises South Africa’s ‘racist’ business ownership laws

Billionaire Elon Musk has recently become involved in South African political matters just as SpaceX is seeking a License to operate in the country. He's recently stirred controversy with his outspoken criticism of South Africa’s Black Economic Empowerment (BEE) laws, labelling them as “racist.” He accused President Cyril Ramaphosa’s government of developing “openly racist ownership laws”. This comments have reignited a global debate about the effectiveness and fairness of these laws, designed to address the country’s historical inequalities. In this article, we’ll break down what Musk said, what BEE laws are, and why this issue has sparked such heated discussions both in South Africa and beyond. What did Elon Musk say about “racist ownership laws’ in South Africa? In a post on X (formerly Twitter), Musk criticised South Africa’s BEE laws, claiming they promote discrimination based on race. As someone born in South Africa, Musk’s views carry a personal weight. His comments follows US …

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Temmy Samuel is a seasoned journalist with extensive experience in consumer tech, economy, finance, business, money and politics. Currently, he’s studying Accounting at the Federal University of Oye-Ekiti.

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