Vodacom has reached an out-of-court settlement with former employee Nkosana Makate, ending a 17-year legal dispute over the creation of the Please Call Me servicea case that has tested South Africas corporate accountability and innovation credit-sharing culture.
The settlement, disclosed in a filing to the Johannesburg Stock Exchange, comes nearly two years after Vodacom appealed a Supreme Court of Appeal SCA ruling that could have forced it to pay up to 1.5 billion. Vodacom confirmed that its board approved the agreement on Nov. 4 and said the financial impact will be reflected in its half-year results due November 10.
Nkosana Makate wins after long legal battle