Seen it all {{ FIRSTNAME | there }}? How βbout this video of a Polish Unitree robot called Edward Warchocki chasing wild boars out of town β literally captioned βIβm herding the wild boars into the forestβ. Now thatβs a robot use case we can fully get behind. π€π
In This Open Letter:
Property Plays: How SA really makes money from property.
Local:Β SAβs local AI venture studios & a teeny, tiny AI raise.
Global:Β Why Chicagoβs digitising 10β000 rock concerts.
Made on WhatsApp: Hyundai is now selling cars via chat.
Startup Opportunities: SA's Startup of the Year & more.
Work Smarter: A R4M per month series of small businesses.
Also, learn from pros how to break the ice in your first sales meeting, see why this is probably the end of crypto arbitrage in SA, and see how to ensure you actually own the code you pay for.
Think your startup could be SA's next breakout? π
Innovation City's Startup of the Year is open for entries. Ten high-growth SA ventures get to pitch in front of investors, industry leaders and ecosystem enablers. Entries close 27 April.
TRENDING NOW
How SA Makes Money from Property
SA's R8.8 trillion property market is one of the oldest and most reliable ways to build wealth, with rates falling and investor activity up 30β35%, you gotta see how the game is heating upβ¦
Most people know the basics: Buy a property or land to develop, flip a house, become a landlord or list on Airbnb. We've featured small-scale player tools, like Little Landlord for self-managing rentals and Backroom for tenant management.
But there are spectrums above that, if you want to go proβ¦
The value-add play: Buy ugly, sell beautiful
Cape Town's Neighbourgood, founded by Murray Clark, St John Gardner and Kim Clark during Covid, transforms underperforming properties into co-living and co-working spaces.
What makes Murray worth following is that he posts the actual numbers and plays on Instagram. Heβll show you exactly how they fund and manage things like turning a R5.5m building into R7.5m earner, converting a R21m industrial space into R60m high-end offices, flipping a house worth R13m into a R27m boutique hotel and moreβ¦
And at enterprise-level property (JSE-listed prop plays), it gets even crazierβ¦
The solar arbitrage play: Generate power, pocket the spread
At the Real Estate Investment Trust (REIT) level, Vukile Property Fund slashed its SA portfolio's operational cost-to-income ratio from 15.3% to a record 12.5% by rolling out 38.2 MWp of solar across 41 sites. Read about it here.
Itβs not about ESG play; it's a margin play. Where SA landlords spend R150β000 on ops for every R1 million in rental income, Vukile now spends just R125β000. That R25k saving is the key: As a way of measuring the potential annual return on property assets, the market uses a 9% cap rate (a sum thatβs basically the savingβs value times 11).
And when you do the math, that R25k per R1M adds R277β000 in capital value to the asset for every R1M Vukile makes off rental income. It literally increases the value of their assets, driving up their value on the stock market. Phew.
The infrastructure play: Own the pipes, collect digital rent
Remember Fibertime? Well, theyβre not the only ones rolling out fibre in townships. SA REIT Fairvest Limited needed WiFi at its township malls. Instead of buying it as a consumer, they purchased the fibre infrastructure around the area and leased it back to internet providers.Β
This R477 million infrastructure investment means they buy internet from themselves (with an operator in the middle) and sell it on to their tenants, as well as the surrounding area. So far, itβs delivered a 12% accretive dividend yield.
Want to go deeper?
These corporate-level property plays all come from Built, a new SA newsletter that, every week, breaks down how 3 enterprise-grade SA property operators, REITs and developers actually make money from property. Subscribe to weekly Built insights.Β
We're watching this spaceβ¦
βThis got me thinking about how much opportunity there can be for startups. With large rental income amounts, tiny margin percentages result in large amounts of money saved. Got me thinking, what else can be done, especially because of AI? An obvious place to start is to look at current costs and see how AI can be used to reduce spend. I.e security, cleaning staff optimisation. Opportunities abound.β
CHECK THIS

One click, 9 assets, 2 markets β here's how to get started
By now, you've seen the thesis: The best portfolios blend asset classes, and South Africans shouldn't need three platforms and a forex application to build one. Here's how Lunoβs new Blue Chip+ Bundle actually works.
You open the Luno app, navigate to Bundles and select Blue Chip+. Choose your amount in rands and hit invest β thatβs it. You now hold Bitcoin, Ethereum and fractional positions in tokenised shares in Apple, Microsoft, Nvidia, Meta, Google, Tesla and Amazon.
From there, Luno handles the rest: The bundle rebalances automatically every quarter to maintain its target allocation. Dividends from your tokenised stock positions are reinvested. Your crypto holdings sit in Luno's secure custody infrastructure.Β
And everything is visible in one dashboard, denominated in rands.
If you've been looking to diversify properly but the friction kept slowing you down, this removes all the excuses to building real wealth from right here in SA.
WHATSAPPβS HOT
They Built What on WhatsApp?!?
Who still spends an entire Saturday at a car dealership?
Hyundai South Africa is flipping the traditional car-buying process by letting customers apply for finance, get approved and secure a vehicle entirely via WhatsApp.
But here's what's really clever:
β
Full finance applications done through WhatsApp
β
974 vehicles sold digitally nationwide since launch
β
97 dealerships ready for vehicle collection
In March 2026, they hit 110 cars sold through the platform in a single month. And when your top-performing sales agent sells 17 cars in a month through a chat app, you know the behaviour shift is real.
What would you build on WhatsApp today?
Chat Inc proudly sponsors WhatsAppβs Hot
The trusted WhatsApp people powering WhatsApp and Chat Commerce experiences for some of SA's largest and most respected brands, from Lead Acquisition, Outbound Direct Marketing and enterprise-grade transactional chatbot platforms.
Chat Inc started locally, and today it is trusted by brands globally.
IN SHORT
Hot off the press in business and techβ¦
πΒ Honey, I Shrunk The AI. Local startup Refiant AI has just closed a $5 million seed round led by California-based climate technology fund VoLo Earth Ventures. Refiant AI is building a toolset that can restructure and compress AI models to make them more efficient. Whoa.
ποΈ Building SAβs AI Future. Everyone wants to use AI in their business, but these SA AI venture studios are building AI companies and products from the ground up. Is your name up there? Should it be? Meet SAβs AI-native infrastructure builders.
π€Β Winner, Winner, Book a Dinner. Google has launched an AI restaurant booking feature in SA aimed at helping visitors take in as much of SAβs world-class dining scene as possible. Users drop in their requirements, and Googleβs AI creates a direct booking link. Interesting.
πΈΒ Back In Time. Since the 1980s, a Chicago-based music fan has been recording the live music concerts heβs been attending on cassette tapes. Now, thanks to volunteers from the Internet Archive, these 10β000 cassette tape recordings are being immortalised. Rock on.
π Finance Vision, Unlocked. Your bookkeeper tracks what happened. But who's telling you what's coming? This week, we're looking at the SA guys that can help you spot the finance gap most growing SA businesses don't see until it's too late.*
* From our partners. Find all the best service providers for your business in our Founder Stack.
WHAT YOU SAID
AI see youβ¦
Yesterday, we showed you NUDG3βs SA AI search service, asking about your company's current AI visibility strategy. Most know itβs importantβ¦
π¨π¨π¨β¬οΈβ¬οΈβ¬οΈ π€· Haven't really thought about it β 30%Β
π©π©π©π©π©π© π Noticed the shift but haven't acted yet β 52%Β
π¨β¬οΈβ¬οΈβ¬οΈβ¬οΈβ¬οΈ π οΈ We're experimenting with it β 13%Β
π¨β¬οΈβ¬οΈβ¬οΈβ¬οΈβ¬οΈ β We're already optimising for AI search β 4%
Over half here have clocked the shift but haven't moved yet β which means whoever acts first has a very empty playing field to run onto. Consider this your nudge. π
STARTUP OPPORTUNITIES
Need a lilβ bit of help?
SA startup with MRR and market fit? Innovation City's Startup of the Year, with The Open Letter, puts 10 ventures in front of investors and industry leaders. Apply by 27 Apr. Enter now.
3+ years revenue? Africa's Business Heroes Prize offers up to $300k from a $1.5m grant pool plus global exposure. Applications open.
Want to win $1m? The Pitch by Deel is a global startup competition with a $1 million investment prize β apply from SA now.
Early-stage SA tech founders? Get R40k+ in business-building tools, strategy sessions, cloud support, legal vetting and more when you join The Founder Collab.
African startup or MSME with an MVP? GEC+Africa 2026's Regional Pitch Competition selects 10 finalists to pitch live in Cape Town β could be your moment. Register now.
AROUND THE WEB
Let it goβ¦
π§© Tool to Try: No Code Web Scraper lets you extract structured data from any website.
π¬ That's Interesting: James Cameron refused to listen to studio execs asking him to make Avatar shorter, reminding them that his Titanic movie paid for the building they were meeting in. Legend.
π Next Level: Watch 18-year-old Australian sprinter Gout Gout break Usain Bolt's U20 200m record.
π Wow Site: Cultural Atlas is a comprehensive, interactive guide to the world's cultures.
π§ Work Smarter: This founder lost his single R8M-a-month business to algo updates; hereβs how he rebuilt a diversified R4M-a-month empire with one unique distribution strategy.



