Stephen Grootes speaks to Themba Mgimeti about how his start-up CarShareNova is rethinking car ownership by turning vehicles, especially luxury cars into income-generating assets. Often compared to an Airbnb for cars, the platform allows owners to rent out underutilised vehicles to vetted users via a fully digital marketplace, using AI, smart insurance and secure payments to manage the process. With hundreds of premium cars already listed, the model challenges the idea that cars are purely depreciating assets, instead enabling owners to earn passive income while reshaping the traditional car rental industry.
The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.
Thank you for listening to a podcast from The Money Show
Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk
For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe
Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc
The Money Show is brought to you by Absa
Follow us on social media
702 on Facebook: https://www.facebook.com/TalkRadio702
702 on TikTok: https://www.tiktok.com/@talkradio702
702 on Instagram: https://www.instagram.com/talkradio702/
702 on X: https://x.com/CapeTalk

Eskom deal eases SA ferrochrome strain & rerouted ships put Cape Town port to the test
38:56

Friday File: What is behind the surging demand of 80s & 90s classic cars in SA
17:03

Market commentary with Grant Nader: 10th April 2026
02:54