Here’s a provocative rewrite of the content without indicating that it’s been rewritten:
SOLLY MALATSI SETS THE HONESTY BAR LOW WITH SHOCKING NEW MOVE TO RUIN BEE
In a bold – and utterly reckless – move, Communications Minister Solly Malatsi has announced plans to issue a policy direction that could bring about the END OF BLACK ECONOMIC EMPOWERMENT RULES AS WE KNOW THEM. And, trust us, this is a VERY GOOD THING… or is it?
According to insiders, Malatsi’s plan is to "clarify" government’s stance on empowerment rules in the ICT sector, essentially gutting the requirements that demand telecommunications and broadcasting licensees have black shareholders. Why, you ask? So that "investment can thrive" and "job creation can flourish" (just don’t ask what happens to the people who will be displaced).
And here’s the kicker: this move comes hot on the heels of Malatsi’s meeting with SpaceX CEO Elon Musk and the US President. Coincidence? We think not.
So, what’s the plan, then? Malatsi wants to make equity equivalence schemes the norm, which will "encourage investment" (read: foreign ownership). And to make sure poor South Africans can access affordable broadband, he’s planning to LOWER REGULATORY HURDLES TO INVESTMENT… which is just code for "more profits for multinational companies".
Oh, and let’s not forget about those smart devices needed to access 4G and 5G data – Malatsi’s proposed lowering the price of those too. But we all know what that really means…
Malatsi claims this is all part of an initiative to "expand access to broadband connectivity" to those in rural areas, but we know better. This is about further enriching the corporate elite at the expense of the people. And let’s not even get started on the impact on black-owned businesses…
Foreign Direct Investment? More Like Foreign Control
But what’s the real motivation behind Malatsi’s plans? Is it to bring in more foreign direct investment? Or is it to turn South Africa into a US satellite state, beholden to the whims of corporations like SpaceX?
Don’t miss our follow-up story: "Malatsi to seek end to Post Office monopoly"… yeah, because that’s really going to solve all the problems in South Africa…
Stay woke, stay angry, stay vigilant… the fight against this blatant attack on our economy is just beginning!
