Your business is considering the hardware market in Mpumalanga, which is worth about R2.5 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 only 31 suppliers currently serving 6 departments, it's not overly crowded, giving you a decent chance to get your foot in the door. It's also worth noting that the Mpumalanga government favours businesses with strong black economic empowerment credentials, with over 70% of the spend going to black-owned businesses. If I were you, I'd make sure your organisation has a solid B-BBEE level and a clear understanding of the procurement programme before trying to tap into this market.
R2M
31
6
R80K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
70.5%
36.9%
31.9%
0.8%