Your business is looking at a market worth about R178 million in the travel facilitation space, which is a significant opportunity. This market is relatively stable, with no year-over-year growth, so you can expect a consistent demand for your services. With 396 suppliers already in the mix, it's a bit crowded, but there's still room for your organisation to make an impact, especially if you can favour black-owned, women-owned, or youth-owned businesses, which receive a significant portion of the allocation, such as 75.63% for black-owned businesses. The fact that 41 different departments are procuring these services also means there are many potential doors to knock on. If I were you, I'd focus on building relationships with these departments and highlighting your business's unique strengths to stand out in a crowded field.
R178M
396
41
R175K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
75.6%
28.4%
10.1%
0.4%