Smart Parking platform Parket turns empty bays into New Revenue Streams

Loading player...
GUEST – Joshua Raphael, founder and CEO at Parket

Parket is a South African born-and-bred technology platform that connects supply and the ever-increasing but fluid – and often temporary – demand for parking bays. In addition to the extra revenue streams, while smart cities are still largely concepts in South Africa, platforms such as these are going a long way to proving what is possible in terms of efficiency and reducing carbon emissions. Parket is able to achieve this through the use of contactless technology, including license plate recognition technology and QR codes.
7 Jun 2023 5PM English South Africa Business News · Investing

Other recent episodes

What South Africans refuse to cut from their personal budgets

Ahead of Finance Minister Enoch Godongwana’s National Budget Speech on 25 February, new research suggests that while policymakers debate deficits and growth forecasts, South Africans are focused on something far more immediate, what they refuse to cut from their own household budgets. What does this tell us about how households view…
18 Feb 3PM 10 min

Call for Minister Godongwana to increase TFSA limits

More than a decade after their introduction, tax-free investment accounts were designed to encourage South Africans to save, offering a unique opportunity to build long-term wealth without the erosion of tax. Yet, according to Lizl Budhram, Head of Advice at Old Mutual Personal Finance, the current framework is in need…
18 Feb 3PM 15 min

Business Confidence Index (BCI) - January 2026

South Africa’s business confidence remains at levels not seen in more than a decade, according to the latest SACCI Business Confidence Index (BCI). The index sits at 131.4 in January 2026, up 11.4 points year-on-year, reflecting optimism among businesses as the country enters a new fiscal year. Joining Gugulethu to…
18 Feb 3PM 12 min

CPI January: Staples ease, meat prices surge

Paul Makube, Senior Agricultural Economist at FNB explores why some staples remain deflationary while protein sources surge, how seasonal and structural factors influence prices and what strategies the agricultural sector and policymakers can adopt to stabilise the market and support both producers and consumers.
18 Feb 3PM 13 min

CPI dips in January

South Africa’s inflation rate ticked slightly lower in January 2026, offering modest relief for consumers but masking persistent price pressures in essential categories. Data released by Statistics South Africa shows annual consumer price inflation at 3.5% in January, down from 3.6% in December. On a monthly basis, prices increased by…
18 Feb 3PM 12 min