Today's Big Stories

South Africans can now cash in on solar panels

Financial services provider, FedGroup launched an innovative eco-friendly opportunity for South Africans to make extra cash.

Direct ownership network is an Uber like concept, that enables clients to own and generate an income from solar panels.

CapeTalk's Kieno Kammies spoke to CEO of Fed Group, Grant Field about their innovative idea that people can earn extra money from.

We wanted to do something similar to an Uber model in a financial space.

Grant Field, CEO of Fed Group

If someone has R5 200 extra, they can log in to our website and buy a solar panel. At the same time we enter an agreement with the landlord and put that solar panel on someone's roof. In that way a guy with an empty roof can earn some rental for his roof and the guy with money to buy solar panels earns rental for his panel...

Grant Field, CEO of Fed Group

Listen below for more explanation on how this model works:

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