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

18/11/2025 14 min
TECH & INNOVATION – Car rental platform allows vehicle owners to earn cash

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Episode Synopsis

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. Kaya FM