The market for collectibles and awards in Mpumalanga is worth about R632,000, which is a relatively small but niche market. Unfortunately, it's not growing, with zero year-on-year growth, so you'll need to compete for a share of the existing spend. With only 14 suppliers currently serving 6 departments, it's not overly crowded, which could favour your organisation if you can offer something unique. The Department of Trade and Industry's Broad-Based Black Economic Empowerment programme is also relevant here, with about 50% of the spend allocated to black-owned businesses, so your B-BBEE level could be an advantage. If I were you, I'd research the current suppliers and departments to identify potential gaps in the market that your business could fill.
R633K
14
6
R42K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
49.9%
26.3%
16.1%
0.6%