Fuels

The market for fuels is a significant one, with the government spending about R89 million on it. This market is relatively stable, with no year-on-year growth, so you won't see it expanding or shrinking dramatically. With 153 suppliers already in the mix, it's a fairly crowded space, and you'll need to differentiate your business to stand out. The Department of Trade and Industry's programme to support black-owned, women-owned, and youth-owned businesses is also relevant here, with about 17% of the allocation going to black-owned businesses, 9% to women-owned, and 5% to youth-owned. If I were you, I'd focus on building relationships with the 38 different government departments that procure fuels, to get a foothold in this competitive market.

ProTenders Intelligence, powered by National Treasury BAS data