Your business is looking at the Containers and storage market in Gauteng, which is worth about R517 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. It's also not too crowded, with only 5 suppliers currently working with 2 departments, which could be a favourable situation for your organisation. The Department of Trade and Industry's Broad-Based Black Economic Empowerment programme is also relevant here, with over 56% of the allocation going to black-owned businesses, so your B-BBEE level will be important. If I were you, I'd focus on building relationships with the key departments in Gauteng, such as the Department of Infrastructure Development, to get a foothold in this market.
R517K
5
2
R103K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
56.6%
31.5%
25.6%
0.3%