Electronic Communications Act, 2005 (Act No. 36 of 2005)Chapter 9 : Broadcasting Services64. 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. |