Death and dying support services

The market for death and dying support services is a substantial one, with the government spending about R2.4 billion on these services. However, it's worth noting that this market isn't growing, with zero year-on-year growth, which could indicate a saturated market. With 83 suppliers already catering to only 2 government departments, it's a fairly crowded space, and to make matters more competitive, the government has a strong favour towards organisations with high black ownership, with about 70% of the allocation going to these businesses. The fact that about 33% of the allocation also goes to women-owned businesses and about 24% to youth-owned businesses is also important to consider. If I were you, I'd carefully analyse your business's black economic empowerment level and ownership structure to see how you can increase your chances of securing government contracts in this space.

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