Wednesday
July 25
2018

Tanzania considers pushing telcos to refund mobile money fraud victims

Tanzanian authorities are in talks with the telecommunications regulator to consider whether there is need to enact a new law or ensure existing laws are implemented accordingly to control the rampant mobile money theft.

The minister responsible for communications, Mr Isack Kamwelwe told The Citizen newspaper that the government has received numerous complaints from the public against telcos, citing failure to take stringent measures against the theft.

He, however, did not immediately provide data on mobile money theft cases in the country.

Photo courtesy of Rob Tinworth.

Source: BusinessDaily Africa (link opens in a new window)

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Inclusive Fintech
Tags
DFS, digitial finance, fintech, fraud, mobile finance, mobile money, Tanzania, telecommunications