TECH & INNOVATION – Car rental platform allows vehicle owners to earn cash

Loading player...
GUEST – Themba Mgimeti, Co-founder of CarShareNova

A South African-born start-up is rewriting the rules of car ownership and potentially the future of mobility. We’re joined in studio by Themba Mgimeti, engineer, former Bolt manager, and co-founder of CarShareNova, the new peer-to-peer car-sharing platform shaking up the rental industry.

CarShareNova works much like Airbnb, but for cars: vehicle owners rent out their premium vehicles directly to verified users through a fully digital, AI-powered marketplace. With more than 250 cars valued at over R200 million already listed, the platform offers renters more choice and gives owners the chance to turn a depreciating asset into steady income.
18 Nov 2025 3PM English South Africa Business News · Investing

Other recent episodes

PIVOT POINT: Leading SARS Forward

Newly appointed SARS Commissioner Dr. Johnstone Makhubu reflects on his journey through public finance, his early priorities, the compliance challenges ahead, and how SARS is preparing for a digital, cross‑border tax future.
7 May 4PM 35 min

Global Surge, Local Grind: April’s market review

Global equities delivered their strongest month since 2020, powered by megacap tech, while the JSE eked out a modest gain. Anchor Capital’s Peter Little joins us for his April review of markets.
7 May 4PM 14 min

How to Build Tax‑Free Wealth

TFSAs remain one of SA’s most powerful wealth-building tools—if used correctly. Vutlhari Nkuna from Concept Wealth explains contribution limits, lifetime caps, common mistakes, and how to choose the right long‑term investment mix.
7 May 4PM 11 min

Fuel spikes SA farming pressures.

Diesel is up more than R12/liter since January, squeezing margins across the agricultural value chain. FNB’s Paul Makube explains the impact on grains, livestock, and exports.
7 May 4PM 15 min

How Fuel Prices Shape SA’s Economy

Independent economist John Loos breaks down the ripple effects of fuel price hikes on households, inflation, retail, property, and the Reserve Bank’s policy path.
6 May 5PM 15 min