You're looking at a market for containers and storage in KwaZulu Natal, which is worth about R1.4 million. This market is relatively small and not growing, with zero year-over-year growth, so you'll need to be strategic to get a foothold. It's also a fairly exclusive space, with only 2 suppliers currently serving 2 departments, so you'll be competing with established players. Your B-BBEE level will be important here, as over 56% of the allocation goes to black-owned businesses, so it's worth ensuring your organisation is compliant. If I were you, I'd focus on building relationships with the key departments in KwaZulu Natal to try and get a favour in this tight market.
R1M
2
2
R725K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
56.6%
31.5%
25.6%
0.3%