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...

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...

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...

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....

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...

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 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....

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...