Inside Labour: Spotlight on sale of repossessed homes

2017-06-16 07:28

Auctions of repossessed houses are an invitation to corruption that can involve collusion between sheriffs, lawyers and estate agents, says Terry Bell.

Drop in complaints against auction industry

2017-06-13 18:53

The number of complaints against auction houses in SA has dropped and 2017’s numbers so far indicate this downward trend is set to continue.

Rare Apple-1 auctioned for less than expected

2017-05-21 14:27

A rare working Apple-1, the first computer produced by Steve Jobs' world-beater-to-be company four decades ago, has sold for less than expected at an auction in Germany.

Art investment trends to watch in 2017

2016-12-27 22:01

There seem to be seven trends for art investors to watch next year.

Winelands farm to be auctioned

2016-10-10 18:18

A working boutique wine farm set in the heart of the Cape Winelands is up for auction by the Michael James Organisation in association with Knight Frank.

SOLD: R168m for a buffalo from Limpopo

2016-09-21 07:53

Inala, considered to be one the South Africa's top young buffalo bulls, has been sold for R168m at an auction held at the Thaba Tholo Game Reserve.

Buffett lunch auction draws $2.61m bid, topping 2015 pace

2016-06-10 15:27

Billionaire Warren Buffett’s annual lunch auction drew a top offer exceeding $2m with more than half a day remaining in the fundraiser, beating last year’s pace.

Record R1.5m for colt turns couple into instant millionaires

2016-03-03 08:36

Chestnut yearling Varlocity has fetched R1.5m at a regional auction, setting a new record and making instant millionaires of two assistant farm managers.

R44m for quarter of a buffalo

2016-02-15 14:17

A quarter share in the buffalo bull with the biggest horns in the world has been auctioned off for R44m.

This classic Merc was sold for nearly R1.7m in SA

2015-11-24 10:29

A rare 1958 Mercedes-Benz 220S Coupe was sold for R1.67-million in Johannesburg.


Labour Wrap: How working people were robbed of R60bn

2017-06-15 07:00

Terry Bell maintains that SA has the worst record in the world for sales where houses can be be bought up for as little as R100 and resold days later for perhaps R25 000.

Opinion: Going once, going twice... Auction industry to change

2017-05-28 06:00

Auctions, according to information held by the National Auctioneers Association, date as far back as 500 BC.

Thebe makes bid for auction industry

2017-04-06 18:17

Thebe Investment Corporation has closed on the acquisition of a majority stake in Clear Asset – a move that creates a black owned online auction house.

R90m Clifton mansion for Christo Wiese's daughter

2016-11-25 19:57

A bid of R90m on behalf of Clare Wiese for a luxury Cape Town house in Clifton has set a record for residential property bought on auction in South Africa.

Rooting for regulation

2016-10-02 06:00

From receptionist to director, Teleni Shabangu believes supervision in the auction industry should be expanded, and exclude chancers and bribery.

Ex-African Bank boss Leon Kirkinis has five days to take R30m bid

2016-07-28 16:45

Former African Bank CEO Leon Kirkinis has five days to decide whether he is prepared to accept the latest offer for his ultramodern luxury False Bay coastal home.

Sotheby's sets world record with jewellery sale

2016-05-18 15:58

Sotheby’s has beaten its own world record for a jewellery sale, amassing $175m at an auction of precious stones in Geneva.

007's Aston Martin DB10 sold for nearly R54-million

2016-02-23 10:21

The Aston Martin DB10, built for the latest James Bond film 'Spectre', has been sold for a staggering R53.7-million at an auction in London.

For the love of art

2015-12-24 07:30

2015 saw an immense amount of money being spent at art auctions. finweek takes a look at some of the works that were sold and the artists who created them.

This rare Mercedes could sell for nearly R2-million in SA!

2015-11-10 08:58

A rare 1958 Mercedes-Benz 220S Coupe could fetch nearly R2-million at an auction in South Africa later in November. Less than 1300 were built!

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