Components for information technology or broadcasting or telecommunications

The market for components for information technology or broadcasting or telecommunications in the Eastern Cape is worth about R259 million, which is a decent size. However, it's not growing at the moment, with zero year-on-year growth, so you'll need to be competitive to win contracts. With only 3 suppliers currently active in this space, it's relatively uncrowded, which could be an opportunity for your business. Your B-BBEE level will also be important, as about 16% of the spend in this market goes to black-owned businesses, so it's worth ensuring you have a good understanding of the B-BBEE requirements. To get started, you should research the 6 departments that are buying these components, such as the Department of Education or Health, and see if your business can offer them something unique.