Car Rental Gets the Uber Treatment

Car rental is about to undergo a disruption similar to what the taxi industry experienced with Uber. South African startup Locomute will allow one to rent a car for as little as one hour at a time, through a system booked with a cellphone app.

Based on similar systems like Zipcar in Europe, Locomute will be launched in Gauteng and is aimed at the 18-to-34 year old market.

Read more about it on Moneyweb.