Security and personal safety

Your business is considering the security and personal safety market in the Western Cape, which is worth about R128 million. This market is relatively stable, with no year-over-year growth, so you won't have to worry about it shrinking or exploding anytime soon. With 63 suppliers already in the mix, it's a fairly crowded space, but it's worth noting that the government is favouring businesses with strong black economic empowerment credentials, with about 76% of the allocation going to black-owned businesses. The Department of Justice and other departments are among the 11 government organisations procuring from this market. If I were you, I'd focus on building a strong Broad-Based Black Economic Empowerment programme to give your business a competitive edge in this market.