Public administration and finance services

The market for public administration and finance services in the North West province is worth about R20 million, with 43 suppliers currently serving 10 different government departments. Unfortunately, the market isn't growing, with zero year-on-year growth recorded. It's also a relatively crowded space, with many suppliers competing for contracts, and only a small portion of the spend, around 8%, is allocated to black-owned businesses. To succeed in this market, you'll need to differentiate your business and build strong relationships with the departments. Given the competitive landscape, your best bet is to focus on getting your B-BBEE level in order, as this could give you a crucial edge in securing government contracts.