Laboratory and scientific equipment

Your business is considering the laboratory and scientific equipment market in Mpumalanga, which is worth about R2.3 million. This market is currently not growing, with zero year-over-year growth, and it's surprisingly not very crowded, with only one supplier currently operating in this space. The Department of Labour and other government departments favour businesses with a strong black economic empowerment programme, with about 39% of the allocation going to black-owned businesses. Given the relatively small size of this market and the lack of competition, it's an interesting opportunity for your organisation to get a foothold. If I were you, I'd focus on developing a strong Broad-Based Black Economic Empowerment programme to increase your chances of securing contracts in this market.