National Treasury issues warning on scams as festive season looms | IOL News

United States News News

National Treasury issues warning on scams as festive season looms | IOL News
United States Latest News,United States Headlines
  • 📰 IOL
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

National Treasury has issued a warning to companies doing business with it, saying there could be a potential escalation of fraudulent RFQ and tenders.

Johannesburg - The National Treasury has issued a stern warning to companies doing business with it, saying there could be a potential escalation of fraudulent requests for quotation and tenders.

”As we are heading for the festive season, the National Treasury is concerned about the potential escalation of fraudulent RFQ and tenders,” Treasury warned. It said defrauded suppliers have been coming forward to submit invoices for payment, only to realise that they were scammed. Suppliers are informing Treasury that the central supplier database is the source of the challenges but this has been denied.

”The database is operated in line with the Protection of Personal Information Act that prescribes that the collected information can only be used for the government business only unless the custodian of the information has indicated differently,” Treasury explained.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

IOL /  🏆 46. in ZA

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bheki Cele cancels leave for cops in December | IOL NewsBheki Cele cancels leave for cops in December | IOL NewsAddressing the National Press Club in Pretoria on Thursday, Cele said that as the country headed towards the festive season, ...
Read more »

Home affairs to extend hours at borders for festive seasonHome affairs to extend hours at borders for festive seasonBorder law enforcement entities have confirmed their readiness to handle increased volumes of travellers and goods at all ports of entry.
Read more »

KZN deploys highest number of officers for festive seasonKZN deploys highest number of officers for festive seasonAuthorities are promising tighter operations, especially on the road.
Read more »

Treasury develops the National Health Insurance financing paper - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Treasury develops the National Health Insurance financing paper - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Finance Minister Tito Mboweni says Treasury has developed what it calls a 'National Health Insurance Financing Paper' which provides proper guidelines for the funding of the National Health Insurance.
Read more »

More staff and longer hours for SA border posts over festive seasonSouth Africa's border posts at Lebombo and Oshoek will operate for 24 hours a day over key periods of the festive season to facilitate travel to and from Mozambique and eSwatini.
Read more »

Start your Christmas shopping now and spread the costStart your Christmas shopping now and spread the costMaya Fisher-French offers some sage advice so that you won’t have regrets after your spending over the festive season.
Read more »



Render Time: 2025-03-13 02:13:17