More South African companies are renting laptops

More South African companies have moved towards renting laptops for their staff due to a weak local currency and rising prices.

Since early September the rand has lost another 8% against the dollar, making it possible that laptop prices will be hiked from 15% this year to around 20%, said The Notebook Company, a local laptop and accessories retailer.

According to the company’s CEO, Christopher Riley, rentals now account for 10% of the its turnover.

“So far this year we have seen a tremendous upswing in short term rentals, typically from larger organisations who are renting for specific projects – up to 10 to 100 laptops for two months.

“But I also think the price of buying laptops has also played a hand in this. While laptop sales are slipping they are still rather buoyant. But I think more people might start renting – certainly larger companies,” Riley said.

Laptop rentals, a year ago, accounted for 5% of The Notebook Company’s revenue. Riley believes that, by year end, rentals could account for up to 15% of revenue.

“This seems to be a new trend,” he said.

More on South Africa

The rand is in trouble

5 reasons for the weak rand – and what the SARB thinks about it

Rand hits record lows against the British pound

Must Read

Partner Content

Show comments

Trending Now

Follow Us

More South African companies are renting laptops