High Street Auction Co welcomes last interest rate cut for the year

The decision by the South African Reserve Bank Bank’s Monetary Policy Committee (MPC) to cut interest rates by 25-basis-points has been welcomed by High Street Auction co director, Greg Dart.
This move – together with the setting of a new inflation target of 3% and an upbeat 2025 Mid-Term Budget Policy Statement (MTBPS) tabled in Parliament last week – will bring the year to an end on a positive note and pave the way for growth during 2026, he says.

Adrian Saville looks at economic challenges facing SA businesses & proposed some bold solutions

At a recent conference, Professor Adrian Saville took a long hard look at the economic challenges facing South African businesses – and proposed some bold solutions for overcoming them.
In the words of legendary baseball coach Yogi Berra, “It’s tough to make predictions, especially about the future.”
Speaking in the Keynote slot at the recent South African Restructuring and Insolvency Practitioners Association (SARIPA) conference, well-known author and economist Professor Adrian Saville painted a realistic but ultimately hopeful picture of South Africa’s economic outlook.

Hero industrial properties shine despite economic challenges says the High Street Auction Co

South Africa’s economy is at a crucial crossroads with ongoing global trade pressures, a shrinking manufacturing sector, climbing unemployment and low business confidence impeding sustainable economic growth. Yet, there are pockets of excellence and the industrial property sector, for example, remains buoyant despite ongoing challenges says High Street Auction Company director, Greg Dart.

Cautious optimism the game as interest rates hold steady says High Street

The South African Reserve Bank’s decision to pause interest rate cuts today did not come as a surprise for property expert Greg Dart, a director at the High Street Auction Company.
This week’s revelation that the Consumer Price Index (CPI) decreased by 0,1% between July and August, with four of thirteen categories in the inflation basket and household equipment and routine maintenance dipping, sparked some optimism about an interest rate cut.

High Street Auction Company puts a price on lifestyle and location in KZN

Green shoots are sprouting in the KwaZulu-Natal property sector, a region that the High Street Auction Co is targeting for growth during the second half of 2025, says director, Greg Dart.
“We’ve got a huge pool of Gauteng investors looking to redeploy capital out of this region. While many local competitors in the auction space are reticulating existing money in the province, High Street has an investment pool that will inject new capital into the region.

Auctions reflect economic trends in action says High Street Auction Co.

The auction floor today is where the rubber of economic theory meets the road of investor sentiment, says Greg Dart, a director of High Street Auction Co, a pioneer in the South African auction space. Speaking ahead of High Street’s latest multi-property auction – to be held August 21 at Bryanston Country Club – Dart and Professor […]

The Reserve Bank’s Monetary Policy Committee cuts the Repo Rate

The decision by the Reserve Bank Monetary Policy Committee to cut the repo rate by an expected 25-basis points is to be welcomed. Since September last year, the Monetary Policy Committee has remained cautious, keeping a strong hold on borrowings in light of ongoing geopolitical tensions and economic uncertainty.  This latest move will inject some positivity into the economy.

Bidding for property conversions with the High Street Auction Co

Media Release  July 2025 For High Street director, Greg Dart, not only does the auction platform unlock liquidity in the marketplace for private investors or state owned enterprises with large property portfolios that no longer match their future business strategies but it also provides an invaluable foundation for future development and re-development. Property conversions – […]

From fire sales to strategic restructuring: The High Street Auction Co rethinks disposal of assets in the modern age

Companies like The High Street Auction Co – better described as a structured sale specialist – have an invaluable role to play when disposing of an asset and restoring liquidity through business rescue.

It is in this spirit that Greg Dart has led High Street Auction Co to work closely with George Nell and Gideon Slabbert of the Corporate Business Advisory in what has up until now been referred to as ‘Project X’ – the now approved business rescue plan for The Success Academy which has a corporate portfolio with a replacement value in excess of R3 billion.

New brooms sweeping collectible investments at the High Street Auction Co

Director Lance Chalwin-Milton says that this premier event that will be hosted simultaneously over two days in Johannesburg and Cape Town also opens the way for global sellers and bidders to access new markets.

“We expect to have buyers from all over the world phoning in for a rare watch or classic car. The beauty and strength of our online bidding app is that it works seamlessly no matter who and where the auctioneer is. We are creating a global market, rather than just a market of the people sitting in the room or immediately around us in South Africa,” he says.