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Auctioneers & asset disposal specialists

Turn redundant assets into liquid capital.

NSB Auctions disposes of fleet, plant, equipment, inventory and surplus stock for municipalities, government departments, mining houses, banks, liquidators and corporates. High-velocity auctions, full audit trail, secure settlement.

MFMA / PFMA
Compliant disposal with audit-ready reporting
FICA verified
Every bidder screened before they transact
4 formats
Live, online, timed-online and on-site
7 sectors
From municipal fleet to diplomatic missions

What NSB Auctions does

Surplus is not a write-off. It is unrealised capital.

Redundant fleet sitting in a municipal yard, yellow metal standing idle on a mine, repossessed stock filling a bank's warehouse: every one of those is capital locked in the wrong form. Our job is to convert it, quickly, transparently, and in a way that survives an audit.

We handle the full disposal cycle. Professional valuation and cataloguing, targeted marketing to a verified buyer database, auction execution in the format that suits the asset, and rapid reconciled settlement with reporting your finance team and your auditors can both sign off.

  • Professional valuations that establish a defensible reserve before anything goes to market.
  • Detailed cataloguing so buyers bid on facts, not guesswork, which lifts realised value.
  • Targeted marketing through our verified buyer database, digital platforms and industry network.
  • Transparent execution with a full bid history and disposal report for every lot.
  • Secure settlement that is rapid, reconciled and fully documented.

The NSB methodology

Four stages, one accountable process.

Every mandate runs the same route, whether it is a single excavator or an entire depot.

Valuation & cataloguing

Professional assessment of every asset, with detailed cataloguing built to maximise value. Condition, specification, hours, serials and photography, recorded properly.

Marketing & reach

Targeted campaigns supported by our verified buyer database, digital platforms and extensive industry network. The right buyers see the right lots.

Auction execution

Live, online, timed-online or on-site, selected to suit the asset class and your requirements. Competitive bidding under clear, published rules.

Secure settlement

Rapid, transparent and fully reconciled financial settlement, with detailed reporting delivered to you and available to your auditors.

Industries we serve

Seven specialist sectors.

Each one carries its own compliance regime. We work to the rules of the sector, not a generic auction template.

Municipal & Government

MFMA and PFMA compliant disposal of assets, with audit-ready reporting throughout. See our government services.

Mining & Industrial

Heavy plant, yellow metal, mining equipment and industrial assets. See our mining solutions.

Banking & Finance

Repossessed assets handled through secure, FICA-compliant processes from instruction to settlement.

Corporate & Hospitality

Office furniture, hospitality equipment, technology and surplus assets from relocations, refits and closures.

Liquidation & Estates

Court-compliant disposal of insolvent and deceased estate assets, working alongside appointed liquidators and executors.

Diplomatic Missions & Embassies

Confidential disposal of office, residential and fleet assets, handled with the discretion the mandate requires.

Social Development

Disposal of surplus assets for provincial and municipal departments, reported to the standard the Auditor-General expects.

Insurance Salvage

Salvage recovery that protects indemnity value and closes claims faster. See our salvage service.

Current auctions

Open for bidding now.

Demonstration lots. Live catalogue data will populate this section once the auction platform is connected.

Compliance & governance

Built to survive the audit.

For a municipal finance officer or a liquidator, the price achieved is only half the question. The other half is whether the process holds up when it is examined.

NSB Auctions maintains strict administrative and governance standards. Every disposal produces a complete record: comprehensive disposal reports, FICA compliance on every bidder, full audit trails and financial reconciliation, aligned to Auditor-General requirements and corporate governance best practice.

What you receive on every mandate

  • Comprehensive disposal report, lot by lot
  • FICA verification records for transacting bidders
  • Complete audit trail from instruction to settlement
  • Financial reconciliation against realised proceeds
  • Documentation aligned to Auditor-General requirements

Have assets standing idle?

Tell us what you are holding. We will come back with a valuation view, the right auction format, and a timeline.