Investor Errol Elsdons urgent court application to have 40 of Nkosana Makates multimillion-rand payout from Vodacom frozen, pending a legal dispute over entitlement to the money, has been dismissed.
Acting judge Don Mahon of the South Gauteng High Court dismissed the application on Monday after the case was heard last Thursday. This means Makate can access the funds.
Makate, the idea man of the Please Call Me idea for Vodacom, was taken to court in November by foreign company Black Rock Mining, claiming entitlement to 40 of his payout.