Recent news headlines have been dominated with calls for the South African National Defence Force (SANDF) to step in and protect the local rhino population. Finweek thought it would be interesting to take a look at what the SANDF actually spends its money on and we think there is a growth market for savvy entrepreneurs looking to supply into the armed forces over the next two years.
There are not too many sectors budgeting to grow their spend by 18 – 20% but that is what the SANDF has on the cards.
The figures from the 2011/2012 annual report suggest that administrative and support service sectors are likely to see sizeable increases while Landward and Maritime Defence divisions are also likely to grow significantly over the period.
Where is the SANDF planning to request additional funding?