The market for light weapons and ammunition in Gauteng is worth about R1 million, which is a relatively small but niche market. It's also a fairly stable market, with no year-on-year growth recorded, so you can expect a consistent demand for your products. With only 4 suppliers currently operating in this space, it's not overly crowded, which could be a good opportunity for your business to get a foothold. It's also worth noting that the government has a significant allocation for businesses with black, women, and youth ownership, with 43.86% of the spend going to black-owned businesses, 36.47% to women-owned businesses, and 34.09% to youth-owned businesses. If you're considering entering this market, I'd recommend ensuring your business meets the requirements for your B-BBEE level to increase your chances of securing government contracts with the single department that's currently procuring these goods.
R1M
4
1
R257K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
43.9%
36.5%
34.1%
28.7%