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.

The Power of the Auction: A Five-Part Series

Auctions trace back at least to 500 BCE, with Herodotus documenting Babylonian marriage markets – the earliest recorded use of competitive bidding as a resource-allocation mechanism. From Leonardo’s Salvator Mundi fetching $450 million to Banksy’s self-shredding masterpiece, auctions have sold everything under the sun. Properly designed, auctions reshape markets, reveal true prices, and inject speed, transparency, and competitive fairness that ripple far beyond the bidding floor.
This five-part series is an exploration to build understanding of the auction’s role, impacts, and function across industries and economies. In this first note, we set the stage – examining why auctions matter and how their often-overlooked mechanics influence markets large and small, across industries, countries, and through time

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.

Boutique Hotel up for auction

Luxurious Majeka House in Stellenbosch with its 21 designer rooms, pools, restaurant, bar, lush gardens and spa set against the magnificent Helderberg Mountains is just one of the iconic landmark properties that will come under the High Street Auction Co’s hammer this month.
For High Street director, Greg Dart, this couldn’t come at a better time as the hotel sector – a major driver of tourism growth – remains on a strong upward trajectory. According to Stats SA, income from accommodation was up in February 2025 compared to the same period last year with travellers showing a 15.6% increase in spend per night.

Student Housing Crisis Unlocks Investment Opportunities Across South Africa

After more than two years of disruption, significant academic stability returned to South Africa’s tertiary institutions last month when the President finally called an end to the national State of Disaster.
But the reset that permanently returns all learners to lecture halls has also refocused the spotlight on the accommodation crisis facing students across the country, according to specialist real estate auctioneer Joff van Reenen.

SA’s preeminent property auctioneers set their sights on the movables market

South Africa’s premier property auction company is banking on its bullish confidence in the private sector and massively expanding Cape Town operations to launch a new national movables division.
High Street Auctions Managing Director James Dall announced today that market-leading movables specialist Bidway Auction House and its full staff complement have been incorporated into High Street, with Bidway’s MD Stef Olivier becoming a Director in the company’s Cape Town division.

High Street Auctions’ Mandela charity benefit takes two global marketing awards

High Street the only South African auctioneer to be recognised in 2019 NAA competition.
High Street Auctions has been named runner up in the global National Auctioneers Association (NAA) Marketing Competition, presented in partnership with USA TODAY.