You're looking to get into the real estate services market in Mpumalanga, which is a sizeable market with about R246 million in total spend. This market is relatively stable, with no year-over-year growth, so you can expect a steady demand for your services. With 148 suppliers already in the mix, it's a bit crowded, but there's still room for your organisation to make an impact, especially if you're a black-owned, women-owned, or youth-owned business, as the government has set aside a significant portion of the budget for these groups, with black-owned businesses getting about 33% of the allocation. The Department of Public Works and other government departments are likely to be key clients in this space. If I were you, I'd focus on building relationships with these departments and getting your B-BBEE level in order to take advantage of the favourable allocation for black-owned businesses.
R246M
148
11
R412K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
33.1%
11.3%
8.8%
0.3%