You're looking to get into the travel facilitation market in the Eastern Cape, which is a sizeable market with a total spend of about R212 million. The market is relatively stable, with no year-on-year growth, so you won't have to worry about it shrinking or exploding anytime soon. With 1228 suppliers already in the mix, it's a crowded space, but there's still room for your business to make a mark, especially if you're a black-owned, women-owned, or youth-owned organisation, as the government has allocated a significant portion of the spend to these groups, with black-owned businesses getting about 76% of the allocation. The Department of Transport and other departments are likely to be key clients in this space. If I were you, I'd focus on building relationships with these departments and getting your business certified to take advantage of the favourable BEE allocation.
R212M
1,228
12
R135K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
75.6%
28.4%
10.1%
0.4%