Streaming issues? Report here
Kieno Kammies 2019 1500 BW
Today with Kieno Kammies
09:00 - 12:00
volume_up
volume_mute

Up Next: The Midday Report
See full line-up
Today with Kieno Kammies
09:00 - 12:00
Home
arrow_forward
Business

Cameras and security equipment sold off in last day of Bosasa auction

6 December 2019 2:39 PM
Tags:
Bosasa auction
auctioneers
Clive Lazarus
Park Village Auctions and Property Sales is concluding day three of the auction, disposing of assets worth around R65 million.

Camera equipment, security equipment and other electronics have been sold off as auctioneers get rid of the assets belonging to African Global Operations, formerly Bosasa.

The auction started on Wednesday, where commercial construction equipment and a fleet of trucks and cars were sold to the highest bidders.

RELATED: Bosasa 'auction of the decade' underway, despite family's claims it's illegal

On Thursday, executive furniture and several properties were auctioned off.

Park Village Auctions and Property Sales planned on disposing of assets worth around R65-million in total.

Lead auctioneer Clive Lazarus says none of the items were sold at prices exceeding their value.

Listen to the update:

Subscribe to our Business Wrap Newsletter


6 December 2019 2:39 PM
Tags:
Bosasa auction
auctioneers
Clive Lazarus

More from Business

5bad5cbc-6b7e-4f1f-8645-42121cf93eb0.jpg

Some SAA flights cancelled, says Flight Centre

21 January 2020 9:58 AM

Flight Centre SA has issued an advisory informing clients that SAA has cancelled several domestic and international flights.

Share this:
Read More arrow_forward

microsoftgif

Here's how Microsoft plans to be carbon negative by 2030

21 January 2020 7:25 AM

Software superpower Microsoft announces various plans to cut its own carbon emissions by more than half over the next 10 years.

Share this:
Read More arrow_forward

1530282457-34-mm-b-2017png

TV anchor Macfarlane Moleli talks money

20 January 2020 8:22 PM

Macfarlane Moleli tells The Money Show how he structures his life and sets goals.

Share this:
Read More arrow_forward

141126spotify.jpg

The stock picks of the day: Salesforce, Spotify and Standard Bank

20 January 2020 7:59 PM

The pick of the day's crop as chosen by Caroline Cremen, Portfolio Manager, Adviceworx.

Share this:
Read More arrow_forward

Mulitplug adaptor plug switch electricity energy 123rfpolitics 123rf

Seize this opportunity to make Eskom board fit for purpose

20 January 2020 7:39 PM

“ Government must ensure that state-owned entities have boards with the right mix of skills to fulfil their mandates."

Share this:
Read More arrow_forward

internet.jpg

When will the broken internet cables be fixed?

20 January 2020 7:31 PM

Damaged undersea cables frustrated many SA internet users this week. We get an update on the situation - and a backup plan.

Share this:
Read More arrow_forward

brexit-referendum-ukjpg

How will Brexit affect UK trade with Africa?

20 January 2020 6:23 PM

The UK-Africa summit is underway and after Brexit, the UK reportedly wants to boost trade with our continent.

Share this:
Read More arrow_forward

business-deal-interview-job-office-boss-123rfjpg

Lying on your CV or LinkedIn profile could land you in jail under new NQF Act

20 January 2020 4:43 PM

Think twice before fabricating or over-stating your qualifications.

Share this:
Read More arrow_forward

uct-reusablejpg

UCT Graduate School of Business wins 'MBA Olympics' – 1st for an African school

20 January 2020 2:13 PM

It's the largest, most-prestigious MBA competition in the world - 36 business schools from around the world took part.

Share this:
Read More arrow_forward

School learner pupil reading classroon 123rfeducation 123rflifestyle 123rf

By 2025, a good public school will probably cost about R50 000 per year

20 January 2020 11:52 AM

Education inflation is at about 10%, says Old Mutual. The implications are terrifying. Gerald Mwandiambira (CFP) has advice.

Share this:
Read More arrow_forward