From Creamer Media in Johannesburg, this is the Real Economy Report.
Sashnee Moodley:
Shipping containers, since their inception, have been used for various applications and shipping container manufacturer Container World operations director Darren Singh believes there is a bright future ahead for the industry. Anine Kilian tells us more.
Anine Kilian:
Singh says that market demand for alternative uses for containers started in the early 70’s, noting that Container World initially worked with just steel containers. The company decided it could add value to the containers by transforming them into offices, clinics and apartments.
He says the company started to put electrics in the container, as well as air conditioning and and insulation.
He adds that even though the current market is depressed owing to lack of demand and the weakened global economy, he feels the market demand will increase in 2016.
Container World operations director Darren Singh:
Anine Kilian:
He points out that the company has a diversified range of containers, ranging from basic storage containers to banks, butcheries and clinics.
Container World operations director Darren Singh:
Sashnee Moodley:
Other news making headlines this week:
A Gauteng shopping centre boasts largest rooftop PV installation in Africa
And, fixed wireless deployment growing apace, especially in Europe
Development company Hyprop’s regional shopping centre, Clearwater Mall, in Johannesburg, Gauteng, has tripled the generation output of its solar photovoltaic (PV) plant by adding an additional 1000 kWp to the system.
Solareff MD Jaco:
South African antenna manufacturer Poynting derives about 50% of its revenue from consumer and enterprise fixed wireless antenna product sales in Europe, including Norway, Finland, Denmark and Sweden.
Poynting CEO Michael Howard
Sashnee Moodley:
That’s Creamer Media’s Real Economy Report. Join us again next week for more news and insight into South Africa’s real economy.