You're looking at a market size of about R210 million in real estate services in KwaZulu Natal, which is a decent opportunity for your business. The market is relatively stable, with no year-on-year growth, so you won't have to worry about it shrinking or exploding anytime soon. With 353 suppliers already in the mix, it's a bit crowded, but the fact that the Department of Public Works and other government departments are among the 11 buyers gives you a clear idea of who to target. The Black Economic Empowerment allocation is also worth noting, with about 33% of the spend going to black-owned businesses, which could be a favourable factor for your organisation if you qualify. If I were you, I'd focus on building relationships with the key departments in KwaZulu Natal to get a foothold in this market.
R210M
353
11
R276K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
33.1%
11.3%
8.8%
0.3%