Consumer electronics

In KwaZulu Natal, the consumer electronics market for government procurement is worth about R4.5 million, which is a decent size for a niche market. However, it's not growing at the moment, with zero year-over-year growth, so you'll need to be competitive to get a foothold. The market is relatively uncrowded, with only 12 suppliers currently working with 5 different government departments. To increase your chances of success, it's crucial to understand the importance of black economic empowerment, or BEE, in this market, where about 73.5% of the spend goes to black-owned businesses. If you're considering entering this market, start by reviewing your BEE level and looking into ways to improve it, as this could be a key factor in securing government contracts.