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March 2023

Tips For Submitting a Responsive Tender

In this article the Moore Forensics Due Diligence team focuses on what we will term the ‘do’s and ‘don’ts any tenderer is to be aware of when completing and submitting a tender/bid. Evidence obtained from having reviewed countless bid submissions points to the fact that tenderers - at times - make avoidable errors at the bid completion stage, with these errors resulting in the tenderer’s bid being considered non-responsive. By being mindful of – and applying the following do’s and don’ts when completing a bid document should provide additional comfort that the time invested when preparing a bid document will at least afford the tenderer an equal competitive opportunity, i.e. the tenderer’s bid will be evaluated by the relevant governance committee. This article therefore serves as a guide and tool for tenderers to not only complete tender documents correctly and fully, but also ensure a responsive tender is submitted.

FATF Greylisting’s Implications for South African Corporates Raising Capital

The Financial Action Task Force's recent greylisting of South Africa has been widely reported as having significant implications. These include potential impacts on the country's economic growth, decreased global competitiveness and external reserves, as well as a potential decrease in capital inflows, foreign direct investment and the possibility of economic penalties imposed by international bodies. In this article, Nick Job unpacks this scenario.

Monte Carlo Simulations and How They Work

The Monte Carlo Method was invented in the 1940s by John von Neumann and Stanislaw Ulam during World War II to improve decision making under uncertain conditions. It was named after a well-known casino town, called Monaco, since the element of chance is core to the modeling approach, similar to a game of roulette. In this article, Dr Steven Firer and Brandon Thompson explore the practical application of the Monte Carlo Simulation and how it is applicable to the valuing of options.

Should Your Business Say “Yes” To YES?

Should your business say “yes” to YES? Let us help you with your decision. This four-part series provides comprehensive clarity on the requirements for eligibility, registration, targets, scoring and results of the YES programme. Jesse Cloete covers everything you want to know about The Youth Empowerment Service Programme, in part one of four articles.