'Please Call Me' Inventor Thinks R47m Too Little, Claims Vodacom Owes Him R10bn
- Nkosana Makate does not accept that Vodacom owes him R47 million, he has another figure in mind R10 billion
- The 21-year-old case has dragged on and just when it seemed close to concluding Makate went back to court
- His legal team is arguing that Vodacom has miscalculated the profits generated from the 'Please Call me Invention'
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The court case between Nkosana Makate and Vodacom over the 'Please Call Me' innovation has dragged on for 21 long years.
Vodacom had calculated that it owed Makate R47 million but Makate has worked out a different number. He wants R10 billion with a capital B.
Source: Facebook
The Gauteng High Court Pretoria will review the 'Please Call Me' inventor's application over the next three days.
The case was heard virtually by Judge Wendy Hughes. Makate and his large legal team are confident that their application will succeed according to The Citizen.
The Constitutional Court passed down a judgement in 2016 which ordered that Vodacom must enter negotiations with Makate in order to compensate him fairly.
Both parties agree that 5% of the profits generated from the 'Please Call Me' invention would go to Makate. However, the problem is what the number the two parties agree on is profit.
Makate's legal team are adamant that Vodacom have got their figures wrong according to IOL.
The 'Please Call Me' inventor came up with the revolutionary idea while working as a trainee accountant at Vodacom.
Earlier, Briefly News reported that the battle between 'Please Call Me' inventor Nkosana Makate and Vodacom continues with allegations that the cellular giant knew better now surfacing.
It has now emerged that Vodacom had concluded that it owed Makate a staggering R63.4 billion for his invention but had only offered him R47 million.
Court papers filed in the Gauteng High Court revealed that two former employees have sworn under oath that the company knew it was underpaying.
In other news, Vodacom has slashed the prices of its 1GB 30-day bundle by another R15, reducing its cost by 43%. This after the Competition Commission investigated Vodacom and MTN in 2020, forcing them to reduce mobile data prices by up to 50%.
Vodacom first announced its first price reduction in March 2020, resulting in its 1GB 30-day bundle being dropped from R149 to R99. Vodacom continued by promising to further drop the prices in April this year.
A promise it has now delivered on by dropping the price of that from R99 to R85.
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Source: Briefly News
