Measuring and observing and testing instruments
Your business is looking at a market in Mpumalanga for measuring and observing and testing instruments that's worth about R7 million. This market is relatively small and not growing, with no year-over-year growth, which could make it more challenging to find new opportunities. On the other hand, it's not very crowded, with only 2 suppliers currently serving 2 departments, which could favour your organisation if you can offer something unique. The Department of Trade and Industry's programme to support black-owned businesses is also relevant here, as about 53% of the spend in this market is allocated to black-owned businesses. If I were you, I'd focus on building relationships with the key decision-makers in these 2 departments to understand their needs and see how your business can meet them.
R7M
2
2
R2M
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
53.2%
4.5%
4.3%
0.5%