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

Property market trends for 2026

South Africa’s property market in 2026 will be shaped less by expansion and more by resilience, adaptability, and risk management, according to Waldo Marcus, Director at TPN Credit Bureau. With residential rental shortages driving escalations of 4.5% to 5.5%, commercial rentals under pressure, and widening disparities between well-governed and poorly…
21 Jan 2PM 17 min

What ABSA,Standard Bank executive moves signal for SA Banking business

There’s a shuffling of executives among the big banks, last year saw Jason Quinn, interim CEO of Absa leaving Absa and heading to Nedbank to take up the reign as CEO as well as Kenny Fihla leaving Standard Bank and going to Absa. Zwelakhe Mzwakhe Mnguni, Chief Investment Officer &…
21 Jan 2PM 8 min

Global fashion, local impact and lessons from Valentino’s business legacy

The fashion world is marking the passing of Italian designer Valentino Garavani, the founder of the Valentino fashion house and one of the architects of modern luxury. Over decades, his work became closely associated with global fashion capitals and with retailers and luxury groups that helped take haute couture into…
20 Jan 3PM 22 min