Nkosana Makate and Vodacom reached a settlement over compensation for the Please Call Me invention, allowing Makate to continue his role at the South African Local Government Association.
- The settlement between Vodacom and Nkosana Makate resolves a protracted dispute over compensation for the Please Call Me invention before a rehearing set for 18 November.
- Details of the settlement remain undisclosed due to a Non-disclosure agreement, but it is anticipated to affect Vodacoms upcoming half-year trading statement.
- Nkosana Makate, who serves as a financial controller at the South African Local Government Association, expressed his intent to remain in his job following the settlement.
Why It Matters
This settlement underscores the importance of intellectual property rights in South Africa and highlights how technology innovations can lead to significant legal disputes and settlements in the corporate sector.