The market for compounds and mixtures in Mpumalanga is worth about R320 million, which is a significant opportunity for your business. However, it's worth noting that the market is not growing, with zero year-over-year growth, which may indicate a saturated market. The fact that there's only one supplier currently operating in this space is quite surprising, and it could be a chance for you to get a foothold. The Department of Trade and Industry's programme to support black-owned businesses is also relevant here, with about 31% of the allocation going to black-owned businesses. If I were you, I'd investigate how to get a meeting with the single department that's responsible for this spend, to explore potential opportunities for your organisation.
R320M
1
1
R107M
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
31.1%
4.3%
1.3%
0.5%