The security and personal safety market in Gauteng is a substantial one, with about R320 million spent by government departments. This market is relatively stable, with no year-on-year growth, which could indicate that it's reaching a plateau. You're looking at a fairly crowded space, with 188 suppliers already vying for contracts from 10 different departments. It's worth noting that the government has a strong favour towards black-owned businesses, with about 76% of the allocation going to them, as well as women and youth-owned businesses. If I were you, I'd focus on building relationships with the key departments and ensuring your organisation meets the necessary B-BBEE requirements to gain a competitive edge in this market.
R321M
188
10
R1M
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
76.4%
38.8%
18.9%
1.4%