The animal feed market in the Eastern Cape is a significant one, with the government spending about R3.2 million on it. This market is relatively stable, with no year-on-year growth, so you won't have to worry about it shrinking or exploding anytime soon. It's also a fairly exclusive market, with only 11 suppliers currently serving the single department that buys animal feed in the province. Notably, the Department of Agriculture, Forestry and Fisheries, or a similar organisation, favours businesses with a high black ownership percentage, at about 86 percent, so your B-BBEE level will be crucial in securing contracts. If I were you, I'd focus on getting your Broad-Based Black Economic Empowerment certification in order to take advantage of the favourable allocation for black-owned businesses in this programme.
R3M
11
1
R295K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
86.3%
70.0%
21.4%
0.2%