ELON MUSK REPORTEDLY EYES ZIMBABWE’S LITHIUM RESERVES AS TESLA BATTERY FACTORY TALKS IN SOUTH AFRICA RAISE QUESTIONS OVER ANC’S 30% BEE OWNERSHIP REQUIREMENTS
Elon Musk is reportedly interested in the lithium reserves found in Zimbabwe. This comes as questions arise regarding potential Tesla battery factory talks in South Africa. There are concerns that Black Economic Empowerment requirements could complicate investment. These rules involve a 30% ownership requirement set by the ANC.
ELON MUSK REPORTEDLY EYES ZIMBABWE’S LITHIUM RESERVES AS TESLA BATTERY FACTORY TALKS IN SOUTH AFRICA RAISE QUESTIONS OVER ANC’S 30% BEE OWNERSHIP REQUIREMENTS Questions are emerging about whether South Africa’s Black Economic Empowerment (BEE) requirements could complicate potential investment by billionaire Elon Musk, as attention turns to Zimbabwe’s lithium resources and the possibility of expanding […] The post ELON MUSK REPORTEDLY EYES ZIMBABWE’S LITHIUM RESERVES AS TESLA BATTERY FACTORY TALKS IN SOUTH AFRICA RAISE QUESTIONS OVER ANC’S 30% BEE OWNERSHIP REQUIREMENTS first appeared on The Zambian Observer .