You're looking to break into the management advisory services market in Gauteng, which is a significant market with about R101 million in total spend. The market is relatively stable, with no year-over-year growth, and it's quite crowded with 157 suppliers competing for contracts from 9 different departments. It's worth noting that the government is prioritising black-owned businesses, with about 46% of the allocation going to these organisations, as well as women and youth-owned businesses. To increase your chances of success, it's essential to understand and comply with the government's B-BBEE requirements, which favour businesses with a good B-BBEE level. Now that you have a better understanding of the market, your next step should be to review your organisation's B-BBEE status and see where you can improve to make your business more competitive in this space.
R101M
157
9
R513K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
46.2%
10.9%
4.2%
0.4%