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    South African Reserve Bank Governor Lesetja Kganyago stated that the new 3% inflation target has enabled the country to enter a low-inflation environment.

    South Africa’s 3% inflation target could offer stability for SMEs

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Auctions take centre stage as new marketplaces

by Azwidohwi Mamphiswana
December 9, 2025
in Analysis, Business
Reading Time: 6 mins read
A A
Livestock auctions may be valuable in the agricultural sector. At the 11th national Braford cattle auction in June 2025, rising demand pushed average bull prices higher.

Livestock auctions may be valuable in the agricultural sector. At the 11th national Braford cattle auction in June 2025, rising demand pushed average bull prices higher.

Across the country, auction floors become theatres of opportunity. Farmers, collectors and hustling entrepreneurs take centre stage, hoping fortune will clap for them. When the gavel falls, winners are crowned not by luck, but by those who have goods to trade.

South Africa’s auction scene is booming across multiple sectors, including livestock, luxury items, wine, and furniture. Buyers are increasingly engaging through both in-person venues and online platforms, broadening access and competition.

Auctions are also re-emerging as a cornerstone of opportunity for SMMEs, enabling entrepreneurs, small-scale farmers and micro-retailers to access markets, capital and inventory that might otherwise remain out of reach.

These events allow small farmers to sell cattle, goat, pig or sheep at fair market value without requiring large buyer networks.

According to auctioneer Sipho Dlamini, “Livestock auctions are important for farmers. They provide transparency, fair market pricing, and access to breeding stock that can’t easily be sourced elsewhere.”

Livestock auctions may be valuable in the agricultural sector. At the 11th national Braford cattle auction in June 2025, rising demand pushed average bull prices higher.

“We are experiencing increasing interest in the breed, and the quality of the selected animals has led to the average price increasing,” said Johan de Jager, chair of the Braford Breeders Society.

Similarly, at SAMM (South African Mutton Merino) sheep auction in August 2024, presided over by Tjaart Steyn, 59 rams were sold, with the top ram fetching R32 000. Buyers included Stellenbosch University’s Mariendahl research farm. This demonstrates how auctions directly support small breeders who lack established distribution channels.

But not all auctions are for high-end or agricultural items. Flip It Auctioneers, based in Roodepoort, specialises in furniture, appliances, and household goods. They run both live in-person auctions and online sales.

At the same time, auctions contribute significantly to urban SMMEs — especially resellers, refurbishers and small retailers seeking affordable inventory. Businesses that focus on auctioning used or surplus furniture and equipment provide a vital sourcing channel for entrepreneurs who cannot afford costly start-up overheads or full-priced goods.

Furniture auctioneers report strong participation from micro-businesses setting up salons, guest houses, informal shops or home-based enterprises.

The South African wine industry has also seen record-breaking auction activity. The 41st Cape Winemakers Guild Auction, held 3–4 October 2025 at the Lord Charles Hotel in Somerset West and online, set a new benchmark for South African wine.

According to the South African Wine Industry, the event raised a record R17 215 000, selling 1 912 cases (6 × 750 ml) at an average price of R1 501 per bottle, R1 419 for white wines and R1 550 for red wines.

“We are thrilled with the record-breaking results of this year’s Cape Winemakers Guild Auction,” said Samantha O’Keefe, Chair of the Guild.

“It’s beyond gratifying to see our members’ dedication to creating rare and unique wines exclusively for the auction rewarded.”

Top-selling wines included Mullineux ‘The Gris’ Old Vine Sémillon 2024 at R25 000 and Rall Noa Syrah 2023 at R19 000 per case. Of the 87 successful bidders, 64% were South African, with the remainder from countries including the UK, Denmark, Germany, Switzerland, and Taiwan.

“The robust bidding and pricing demonstrate the quality of the Cape Winemakers Guild wines and brand,” said Roland Peens, auctioneer and wine specialist at Strauss & Co.

“With online and live participation, we’re reaching buyers all over the world.”

Online auction participation has surged, allowing entrepreneurs nationwide to bid remotely and secure stock that would have been inaccessible previously. Industry analysis shows that digital auction environments reduce barriers traditionally faced by small businesses located far from large commercial centres, increasing access to goods and competitive pricing.

“There’s nothing like an auction with competitive bidding, a room full of bidders, strong new bidder action, bumper online action, and a global audience to make an auctioneer’s job such fun,” said Susie Goodman, Strauss & Co executive director.

“The Guild, the wine makers, their wines, and buyers who ultimately won the lots all deserve congratulations.”

Art, antiques, vintage vehicles, and other high-value collectibles continue to attract investors and collectors hunting rare items.

“There’s a thrill in competitive bidding, whether it’s art, collectibles, or wine,” said Goodman.

“Auctions are about discovery, competition, and transparency. It is why people keep coming back.”

Experts cite several reasons for auction growth across sectors. Hybrid auction formats allow live and online bidding, opening participation nationally and internationally. Diverse inventory from livestock, furniture, wine, to collectibles ensures that all budgets and interests are served.

Auctions also provide value and transparency, offering competitive pricing and open market valuation.

“Auctions bring people together, whether they are first-time buyers or seasoned investors,” said  Douw Fourie, a farmer who bought a goat at a local auction in Makhado.

“Everyone has a chance to win something unique at a fair price.”

From warehouse furniture sales by Flip It Auctioneers, to premium wine auctions in Cape Town, and livestock and collectibles auctions across the country, South Africa’s auction landscape is vibrant and diverse.

“South African auctions are no longer just local events,” said Samantha O’Keefe.

“They’re part of a global marketplace, showcasing our quality, craftsmanship, and the spirit of our auction community.”

Azwi@vutivibuness.co.za

Tags: Auction Small BusinessesCape Winemakers Guild AuctionFurniture AuctionLivestock AuctionSA Wine IndustrySouth African Mutton MerinoStellenbosch University Mariendahl Research FarmWine Auction
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Azwidohwi Mamphiswana

Azwidohwi Mamphiswana

A seasoned professional with extensive experience in the field. Her studies stem from Geomatics, certified in mining and skilled in industry practices. She holds a Cum Laude degree, while specialities are in economics, mining, engineering, finance, business, science, innovation and technology.

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