Your business is looking at the Containers and storage market in the Eastern Cape, which is worth about R129 thousand. This market is relatively small and not growing, with no year-over-year growth, so you'll need to be strategic to get a foothold. It's also a fairly exclusive market, with only 3 suppliers currently working with 2 departments, so you'll need to differentiate yourself to stand out. The good news is that there's a strong favour towards black-owned, women-owned, and youth-owned businesses, with over 56% of the allocation going to black-owned businesses. If I were you, I'd focus on building relationships with the key departments in the Eastern Cape and highlighting your business's unique strengths and ownership structure to gain a competitive edge.
R129K
3
2
R43K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
56.6%
31.5%
25.6%
0.3%