Ramaphosa seeks to mend US ties with Musk investment push
Business opportunities for SA-born billionaire’s companies to be discussed during Washington visit
19 May 2025 - 17:54
byNellie Peyton
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
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 US President Donald Trump, Ramaphosa’s spokesperson said on Monday.
Trump has taken aim at SA in his second term, citing disapproval of its land reform policy and of its genocide case against US ally Israel before the International Court of Justice.
His administration cut funding to SA in February and last week granted refugee status to a group of white South Africans it said were facing racial discrimination — a claim the SA government denies.
The two heads of state are scheduled to meet on Wednesday. SA officials have been preparing a trade proposal to present to Trump to reset the relationship.
One potential proposal would be for Tesla — led by Musk, a close ally and adviser to Trump — to receive favourable tariffs on its imports into SA in exchange for building electric vehicle charging stations.
“[It] could be one of the points discussed,” Ramaphosa’s spokesperson, Vincent Magwenya, said in response to a text message query on the matter.
Asked about the question of licensing for Musk’s satellite company Starlink, Magwenya said: “Certainly, the issue will be discussed.”
The US has pushed some nations facing tariffs to approve Starlink, the Washington Post reported earlier in May, citing state department cables.
SA-born Musk has previously claimed Starlink was barred from operating in the country because he is not black, an allegation officials have refuted. SA’s telecom regulator said in March Starlink had not applied for a licence.
Musk’s false claim appeared to be taking a swipe at local BEE rules, requiring foreign-owned telecommunications licencees to sell 30% of the equity in their local subsidiaries to historically disadvantaged groups.
Agriculture minister John Steenhuisen, part of the delegation travelling to the US on Monday, said he wanted to secure trade benefits for local farmers.
SA agricultural products enjoy duty-free access to the US market under the African Growth and Opportunity Act. But under Trump’s tariff regime that is now at risk.
“Losing these benefits would be disastrous for farmers, farm workers and the economy at large,” Steenhuisen said in a statement.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
Ramaphosa seeks to mend US ties with Musk investment push
Business opportunities for SA-born billionaire’s companies to be discussed during Washington visit
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 US President Donald Trump, Ramaphosa’s spokesperson said on Monday.
Trump has taken aim at SA in his second term, citing disapproval of its land reform policy and of its genocide case against US ally Israel before the International Court of Justice.
His administration cut funding to SA in February and last week granted refugee status to a group of white South Africans it said were facing racial discrimination — a claim the SA government denies.
The two heads of state are scheduled to meet on Wednesday. SA officials have been preparing a trade proposal to present to Trump to reset the relationship.
One potential proposal would be for Tesla — led by Musk, a close ally and adviser to Trump — to receive favourable tariffs on its imports into SA in exchange for building electric vehicle charging stations.
“[It] could be one of the points discussed,” Ramaphosa’s spokesperson, Vincent Magwenya, said in response to a text message query on the matter.
TIISETSO MOTSOENENG: Can Ramaphosa crack Trump’s elusive trade code in high-wire US visit?
Asked about the question of licensing for Musk’s satellite company Starlink, Magwenya said: “Certainly, the issue will be discussed.”
The US has pushed some nations facing tariffs to approve Starlink, the Washington Post reported earlier in May, citing state department cables.
SA-born Musk has previously claimed Starlink was barred from operating in the country because he is not black, an allegation officials have refuted. SA’s telecom regulator said in March Starlink had not applied for a licence.
Musk’s false claim appeared to be taking a swipe at local BEE rules, requiring foreign-owned telecommunications licencees to sell 30% of the equity in their local subsidiaries to historically disadvantaged groups.
Agriculture minister John Steenhuisen, part of the delegation travelling to the US on Monday, said he wanted to secure trade benefits for local farmers.
SA agricultural products enjoy duty-free access to the US market under the African Growth and Opportunity Act. But under Trump’s tariff regime that is now at risk.
“Losing these benefits would be disastrous for farmers, farm workers and the economy at large,” Steenhuisen said in a statement.
Reuters
SA seeks agricultural trade deal with the US, Steenhuisen says
POLITICAL WEEK AHEAD: Stakes are high for SA as Ramaphosa prepares to meet Trump
MICHAEL MORRIS: Ramaphosa should focus on the US and its emergent nationalist renewal
NATASHA MARRIAN: Cyril Ramaphosa prepares for the cauldron
NEWS ANALYSIS: Moody’s downgrade adds to investor concerns about US financial path
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Most Read
Related Articles
SA seeks agricultural trade deal with the US, Steenhuisen says
After a decade of auto trade surpluses, the battle is beginning for SA
Motor industry expects Ramaphosa to ‘go to bat’ for sector in Trump meeting
Government not aware of US move to halt G20 work with SA
Ramaphosa to dangle gas trade deals at meeting with Trump
Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.