Your business is considering the Compounds and mixtures market in the Free State, which is worth about R335 million. This market is relatively stable, with no year-over-year growth, so you won't have to worry about it shrinking or exploding anytime soon. With 154 suppliers already in the mix, it's a fairly crowded space, but there's still room for your organisation to make a mark, especially if you can favour black-owned, women-owned, or youth-owned business structures, which receive about 31%, 4%, and 1% of the allocation respectively. The Department of Health and the Department of Public Works are likely key players in this space, given the nature of the market. If I were you, I'd focus on building relationships with these departments and analysing how your business can meet their specific needs in the Compounds and mixtures programme.
R335M
154
2
R1M
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
31.1%
4.3%
1.3%
0.5%