Makate accepts Vodacom's invitation back to the negotiating table

Hmm... what is happening, Vodacom? Someone told you it is going to be difficult to convince the Concourt?

He should accept half of the 28 billion and be happy. That is a lot of money even after the lawyers take their cut, he will still be rich.

But, knowing Vodacom, they will offer 80 million.
 
Vodacom said in a media briefing yesterday that a settlement in the billions is not on the table.
Especially since PCM which wasn't his idea, doesn't even generate that much income.
 
Vodacom said in a media briefing yesterday that a settlement in the billions is not on the table.
I know, I am wondering what their intention of "negotiations" is. They mentioned shareholders and the eroding of the business should they pay the billions, however, I have a feeling Makate is unlikely to accept a "low offer" as I see it coming from Vodacom.

Do I think Vodacom cannot afford the billions? No, they can but won't likely pay unless instructed by the court. I think they have run out of time dragging this matter.
 
I am curious as to how much the legal fees of this case to Vodacom and Makate are, considering it has been a long legal battle. This may ultimately decide how much Makate accepts in settlement.
 
And rightly so.
Good grief. Greed has blinded some it seems.
Not really, they made a promise and should stick to it based on the revenue of the idea.
80 Million is way more than the idea is worth.
You are entitled to your opinion, and I disagree with that opinion. That "idea" made Vodacom billions and billions of rands, it actually still makes them more to this day.
 
Makate has had people funding all this, they want their money back and he can't pay it back if he loses
 
I suspect this new round of negotiations are going to be fruitless and this will end up back in the Constitutional Court.
After fighting this in court for 16 years the legal expenses + whomever is providing the litigation funding will eat up any offer that Vodacom has in mind.

any amount that Makate's team would accept is likely much more than what Vodacom will ever offer.
 
Not really, they made a promise and should stick to it based on the revenue of the idea.
Why do you think they haven't stuck to their promises? Maybe you should quote them for us.
You are entitled to your opinion, and I disagree with that opinion. That "idea" made Vodacom billions and billions of rands, it actually still makes them more to this day.
That's a thumbsuck of note.
 
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