Security and personal safety
The security and personal safety market in KwaZulu Natal is a substantial one, with the government spending about R298 million on it. This market is relatively stable, with no year-on-year growth, so you won't see it expanding rapidly anytime soon. With 118 suppliers already in the mix, it's a fairly crowded space, and you'll need to differentiate your business to stand out. It's worth noting that the government favours businesses with a strong black economic empowerment programme, with about 76% of the allocation going to black-owned businesses. If I were you, I'd focus on developing a robust Broad-Based Black Economic Empowerment strategy to increase your chances of securing government contracts in this sector.
R298M
118
11
R1M
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
76.4%
38.8%
18.9%
1.4%