Fuels

The fuels market is a substantial one, with about R89 million in government spend, but it's not growing at the moment, with zero year-on-year growth. You're looking at a fairly crowded space, with 153 suppliers competing for contracts across 38 different departments. It's worth noting that there's a significant emphasis on supporting black-owned, women-owned, and youth-owned businesses in this market, with 17% of the allocation going to black-owned businesses, 9% to women-owned, and 5% to youth-owned. To get a foothold in this market, you should consider how your business can meet the Broad-Based Black Economic Empowerment (B-BBEE) requirements, which could give you a competitive edge. Your first step should be to analyse your current B-BBEE level and identify areas where you can improve to increase your chances of securing government contracts.

ProTenders Intelligence, powered by National Treasury BAS data