USED EQUIPMENT
Digital platforms are also streamlining the process. “Clients can complete their applications electronically, and the finance house can give an in-principle answer quickly.” However, challenges remain in certain regions. “It’s difficult to get finance facilities in Mozambique, Zambia, and Congo,” he admits, adding that expanding access to finance will be critical for future growth. Market dynamics and regional demand Demand for used equipment is closely tied to broader economic and commodity trends. In the mining sector, rising prices for gold, copper, and lithium are driving increased activity. “The surge in gold and copper prices has definitely boosted mining activities,” says Lawry. “Especially among smaller operators who can mobilise quickly.” Geographically, this activity is concentrated outside South Africa. “There’s a lot of activity in Zimbabwe, Zambia, Congo,” he notes. At the same time, infrastructure investment is supporting demand in the construction sector. “The road construction sector in Southern Africa is doing pretty well,” he says. “There’s a lot of money being spent on roads, and demand for pavers, milling machines, rollers, and recyclers is strong.” However, global uncertainties continue to influence the market. Currency
Unlocking access to equipment through financing While used equipment reduces upfront costs, financing remains a key enabler, particularly in markets where access to capital is limited.
Lawry notes that financing options for used equipment are expanding. “We’ve got some companies on board that are prepared to offer finance on this equipment in South Africa and Namibia,” he says.
CAPITAL EQUIPMENT NEWS APRIL 2026 30
Made with FlippingBook flipbook maker