VOW 88.1 VOW Moments

WhatsApp Gifting identified as a scam by the National Stokvels Association of South Africa (NSASA)

Loading player...
During the Covid-19 pandemic, South Africans are finding themselves in challenging times.

Financial challenges unfortunately create a space for investment schemes which promise unreliable returns to desperate people. Pyramid or Ponzi schemes seem to be one of the "too good to be true" investements avenues which emerge during tough economic times.

WhatsApp Stokvels first appeared during the later part of 2019 as a new investment option for people who are looking for abnormal returns within a short space of time, as compared to normal benchmarks in the open market.

The National Stokvel Association of South Africa (NSASA) identified WhatsApp Stokvels as a scam. During this Covid-19 pandemic WhatsApp Stokvels have returned under a new name "WhatsAppGifting".

VoW FM host Harvy T, chats to Kevin Ssemwogerere,a Chartered Accountant and Tech Business Development Enthusiast about Pyramid or Ponzi schemes, WhatsApp Stokvels and WhatsApp Gifting.
21 Jul 2020 English South Africa Technology · Music

Other recent episodes

IN CONVERSATION WITH HLUMELO XABA (POLITICAL ANALYST)

VOW is a campus-based community radio station operated broadcasting from the University of the Witwatersrand in Johannesburg. The station has a variety of music and talk show that reflect the life of the youth, students, politics and tackles social issues.
13 Apr 14 min

IN CONVERSATION WITH MIKE BOLHUIS (POLICE & SECURITY EXPECT)

VOW is a campus-based community radio station operated broadcasting from the University of the Witwatersrand in Johannesburg. The station has a variety of music and talk show that reflect the life of the youth, students, politics and tackles social issues.
13 Apr 19 min

IN CONVERSATION WITH PROFESSOR DOMINIC STRATFORD ON SCIENCE WISE

Professor Dominic Stratford is a geoarchaeologist whose research focuses on stratigraphy and site formation processes at archaeological and palaeoanthropological sites in southern Africa. He specialises in cave and rock shelter sediments but has worked across a wide range of fossil- and artefact-bearing landscapes, from arid open environments to buried river…
14 Apr 51 min

IN CONVERSATION WITH PROFESSOR DAVID LIMEBEER ON SCIENCE WISE

Professor David Limebeer’s research is in the field of engineering dynamics and control theory. He obtained his BSc in Electrical Engineering from the University of the Witwatersrand and completed both his MSc and PhD degrees at the University of Natal. He subsequently received a DSc from the University of London…
7 Apr 31 min

IN CONVERSATION WITH Professor Rodney Genga ON SCIENCE WISE

Associate Professor Rodney Genga is the Wits-SAHLI design team lead and Director of the Engineering and Built Environment Academic Development Unit. He is also a Principal Researcher in the School of Mechanical, Industrial, and Aeronautical Engineering at the University of the Witwatersrand. He is trained in Mechanical Engineering, Metallurgy, and…
24 Mar 24 min
All episodes