The market for real estate services in the North West province is worth about R121 million, which is a significant opportunity for your business. However, it's worth noting that this market isn't growing, with zero year-on-year growth, so you'll need to compete for a share of the existing spend. With 191 suppliers already in the mix, it's a fairly crowded space, and you'll need to differentiate your business to stand out. The Department of Public Works and other government departments in the province are looking to favour businesses with a strong black economic empowerment programme, with about 33% of the spend allocated to black-owned businesses. If I were you, I'd focus on developing a robust black economic empowerment strategy to increase your chances of securing a contract in this competitive market.
R121M
191
10
R255K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
33.1%
11.3%
8.8%
0.3%