Justice for the scammed

Today on the Techpoint Africa Podcast, our reporters had a lot to say about the Federal Government's plans to implement a 5% excise duty on all phone calls, text messages and data plan subscriptions.

They also touched on justice being served for victims of the Forsage $300 million fraud scandal in 2020. Bolu, in particular, itemised methods to help identify ponzi/fraudulent schemes.

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Timestamps

1:16 - Nigerians to pay 5% excise duty on calls, SMS, and data

11:41 - US SEC charges Forsage founders and promoters with fraud

21:18 - Rundown of tech happenings this week 

Useful links

• Nigerians to pay more on calls, SMS and data
• Pantami rejects FG imposition of 5% excise duty on telecoms sector
• SEC Slaps Founders, Promoters of Alleged Ponzi Scheme Forsage With Fraud Charges
• Kenya’s insurtech startup, Lami Technologies, raises an extra $3.7m seed round to expand its insurance product offerings
• Youverify, an identity verification startup, closes an additional $1 million seed to verify 2 billion identities
• South Africa’s ruling party wants streaming platforms regulated
• South Africa’s ruling party wants the country to phase out 2G and 3G networks

This episode was produced by Ogheneruemu Oneyibo and edited by Múyìwá Mátùlúkò

Email us your feedback at [email protected]. Visit www.techpoint.africa for more stories.