Management advisory services
The market for management advisory services in the Eastern Cape is a substantial one, with about R2.9 million spent by government departments. This market is relatively stable, with no year-over-year growth, which could indicate a high level of competition among the 301 suppliers currently operating in this space. It's worth noting that the government has a strong focus on supporting black-owned businesses, with about 46% of the spend allocated to these organisations, as well as women and youth-owned businesses. To succeed in this market, you'll need to differentiate your business and build strong relationships with the 9 departments that are doing the buying. If you're considering entering this market, your first step should be to ensure your business is properly certified and compliant with the government's black economic empowerment programme, to increase your chances of securing contracts.
R3M
301
9
R10K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
46.2%
10.9%
4.2%
0.4%