The market for human resources services in South Africa is substantial, with about R112 million spent by government departments. This market is quite crowded, with 637 different suppliers competing for contracts across 40 departments. It's also worth noting that the market size has remained steady, with no year-over-year growth. To succeed in this space, it's essential to understand the importance of your B-BBEE level, as a significant portion of the allocation goes to black-owned, women-owned, and youth-owned businesses, with black-owned businesses receiving about 42% of the allocation. To get started, you should analyse the specific needs of the 40 departments involved and tailor your services to meet their requirements, which could help you stand out in this competitive market.
R112M
637
40
R120K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
41.8%
18.7%
2.9%
0.5%