The Western Cape hardware market is a substantial one, with about R12 million in government spend. However, it's not growing, with zero year-on-year growth, which might indicate a challenging environment for new entrants. With 247 suppliers already in the mix, it's a crowded space, and you'll need to differentiate your business to stand out. It's worth noting that the government is prioritising businesses with a strong black economic empowerment profile, with over 70% of the spend allocated to black-owned businesses. To get a foothold in this market, you should consider ensuring your business meets the government's black economic empowerment requirements, such as obtaining a good B-BBEE level, to increase your chances of securing government contracts.
R12M
247
11
R26K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
70.5%
36.9%
31.9%
0.8%