Banking and investment

The market for banking and investment services in the Northern Cape is worth about R105 million, which is a decent size. Unfortunately, it's not growing, with zero year-on-year growth, so you'll need to compete for existing business. With 82 suppliers already in the market, it's quite crowded, and you'll need to differentiate your business to stand out. The good news is that the government is committed to supporting black-owned businesses, with about 36% of the spend allocated to them, as well as women-owned and youth-owned businesses. If I were you, I'd focus on building relationships with the 11 government departments that procure these services, to get a foothold in this competitive market.