The investors who own a minority stake in Vodacom through YeboYethu, an initiative set up in 2008 to increase black ownership, have asked the Constitutional Court to allow them to join the mobile operator’s case as an amicus curiae.
Vodacom is challenging a ruling by the Supreme Court of Appeal that Kenneth Makate, a former employee, be paid between R29 billion and R63 billion for a call-back service idea he proposed to the company’s product-development team when he worked in its finance division in the 2000s.
READ MORE | Please call me: SA's top court agrees to hear Vodacom's case
They argue that Makate should instead get R47 million for his 'Please Call Me' idea, an amount previously determined by the mobile operator’s Chief Executive Officer Shameel Joosub, according to court papers seen by Bloomberg.
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