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Electronic Communications Act, 2005 (Act No. 36 of 2005)

Chapter 9 : Broadcasting Services

64. Limitations on foreign control of commercial broadcasting services

 

(1) A foreigner may not, whether directly or indirectly—
(a) exercise control over a commercial broadcasting licensee; or
(b) have a financial interest or an interest either in voting shares or paid-up capital in a commercial broadcasting licensee, exceeding twenty (20) percent.

 

(2) Not more than twenty (20) percent of the directors of a commercial broadcasting licensee may be foreigners.