Banking and investment

Your business is looking at a market in Mpumalanga that's focused on banking and investment services, with a total spend of about R93 million. This market is quite stable, with no year-over-year growth, so you can expect a steady demand for your services. You'll be competing with around 108 other suppliers, so it's a relatively crowded space, with 11 different government departments to potentially work with. It's worth noting that about 36% of the spend in this market is allocated to black-owned businesses, which could be an opportunity for your organisation if you have a strong black economic empowerment programme in place. If I were you, I'd make sure your B-BBEE level is up to date and favourable, to give yourself the best chance of securing contracts with departments like the Mpumalanga provincial government.