Tools and General Machinery
The market for tools and general machinery in the Eastern Cape is relatively small, with a total spend of about R51 million. Unfortunately, it's not growing, with zero year-on-year growth, so you'll need to compete for a share of a stagnant pie. The good news is that it's not overly crowded, with only 5 suppliers currently active in this space, and only 1 department to deal with. In terms of ownership, it's worth noting that about 65% of the allocation favours black-owned businesses, which could be an advantage if your business qualifies. If I were you, I'd focus on building relationships with the single department responsible for procurement in this area to get a foothold in this market.
R52K
5
1
R10K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
64.8%
28.9%
5.1%
0.1%