Good Morning Tuesday 2 May 2026 WE ARE WATCHING YOU EAST RAND Fraud Alert: Fake tenders.


Good Morning Tuesday 2 May 2026
WE ARE WATCHING YOU EAST RAND
Fraud Alert: Fake tenders.

Fake tenders. False promises. Real losses. Protect your business from fraud.

Fake tenders are a significant issue in South Africa, with businesses losing millions to these scams. The scams often involve sending out fake procurement documents and luring businesses to websites of fake suppliers. For instance, one expert reported that R1 million had been lost to a scam in the last few weeks alone. These scams can involve impersonating government departments and suppliers, creating a false sense of security for businesses.
Financial Intelligence Centre

To protect against such scams, it is crucial to verify the authenticity of tenders and avoid contacting bidders outside the bidding process. The Financial Intelligence Centre (FIC) has established strict guidelines to prevent such scams and ensure fair procurement practices.
News24

Businesses should also be vigilant and aware of the red flags of tender fraud, such as the lack of a public trail for the tender, the absence of official channels for communication, and the thin documentation of the tender. By understanding these signs and taking proactive measures, businesses can better safeguard themselves from the financial and reputational losses associated with fake tenders.

The East Rand will experience a pleasantly warm today, reaching temperatures of up to 21 °C and cooling to about 11 °C in the evening.
Gentle breezes are expected across The East Rand Today, with speeds reaching around 9 km/h.
Sun set is at 17:23.
#GoodMorningEveryone #tuesday #GodBless #peace #HighSpirit #joy #harmony #donttrustacrocodile #monkeybusiness #banana #WorkersDay #toadinthepot #froginthepot #weedlife #LearnToTrade #ChaseYourDreams #nokarens #truth #mothersloveisforever #Hantavirus #notresigning #petrol #happybirthday #stophumantrafficing #StopMisinformation #MySAPSApp #GodsPharmacy #AfricaGold #livelife #mindsetiseverything #CrimePays #positiveenergy #OilPrices #copper #FraudAlert

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