Industries we serve
Eight sectors. Eight sets of rules.
A municipal fleet disposal, a mine's redundant plant and an insolvent estate all end in an auction. Almost nothing before that point is the same.
Why sector matters
The auction is the easy part.
What differs between sectors is everything that surrounds the sale: who is allowed to authorise the disposal, what has to be recorded, who examines the record afterwards, and what happens to the proceeds.
NSB Auctions works to the rules of the sector. The methodology underneath does not change, and neither does the standard of documentation, but the way a mandate is structured, marketed and reported is set by the regime the client operates in.
What we dispose of, across every sector
- Fleet and vehicles, from light delivery vehicles to specialised municipal units
- Heavy plant, yellow metal and mining equipment
- Industrial, workshop and processing equipment
- Office furniture, technology and telephony
- Hospitality, catering and facility equipment
- Inventory, surplus stock and redundant spares
- Scrap, ferrous and non-ferrous
The sectors
Where NSB Auctions works.
Same four stages, eight different compliance regimes.
An organ of state has to evidence authorisation, open marketing and competitive bidding to the Auditor-General. A liquidator answers to creditors and to the appointment. A bank needs proceeds reconciled against the correct account. A mission needs discretion without losing competition. A corporate refit runs against a lease-end date that will not move. Those differences shape the mandate. They do not change the standard of the record.
Municipal & Government
Fleet, plant, office and IT equipment and redundant infrastructure, disposed of under MFMA and PFMA compliant process.
Government & municipal →
Mining & Industrial
Yellow metal, drill rigs, crushing and screening plant, generators, workshop equipment and redundant spares.
Mining & industrial →
Banking & Finance
Repossessed vehicles, plant, equipment and stock recovered through asset finance agreements and legal process.
Corporate & Hospitality
Office and boardroom fit-out, IT and telephony, commercial kitchen, laundry and lodge equipment released by refits and closures.
Liquidation & Estates
Whole asset registers from wound-up operations, and movable assets from insolvent and deceased estates.
Diplomatic Missions & Embassies
Office equipment, residential furnishings and mission fleet released at the end of a posting or a lease, handled with discretion.
Social Development
Surplus furniture, IT, fleet and centre equipment released by provincial and municipal departments on consolidation.
Insurance Salvage
Damaged and recovered vehicles, plant, machinery and stock arising from claims, sold on the insurer's instruction.
Insurance salvage →Photography shown is illustrative stock imagery, standing in until NSB Auctions supplies its own auction and asset photography.
Constant across every sector
The regime changes. The method does not.
Whether the client is a municipality, a mine or an executor, the mandate runs the same four stages and produces the same standard of record.
Valuation & cataloguing
Professional assessment of every asset and detailed cataloguing built to maximise value. Condition, specification, hours, serials and photography, recorded properly so buyers bid on facts.
Marketing & reach
Targeted campaigns supported by our verified buyer database, digital platforms and extensive industry network, aimed at the buyers who actually want that asset class.
Auction execution
Live, online, timed-online or on-site, selected to suit the asset and the client's requirements. Competitive bidding under clear, published rules.
Secure settlement
Rapid, transparent and fully reconciled financial settlement, with detailed reporting delivered to the client and available to their auditors.
What goes under the hammer
The asset classes we catalogue and sell.
Illustrative asset classes. Lot photography on live auctions is of the actual asset offered.
Compliance & governance
One documentation standard, whoever the client is.
NSB Auctions maintains strict administrative and governance standards. A mine's procurement file and a municipality's audit file are examined by different people for different reasons, and both are satisfied by the same thing: a complete, contemporaneous record.
That record is produced as a matter of course on every mandate, not assembled afterwards when somebody asks for it. Comprehensive disposal reporting, FICA compliance on every transacting bidder, a full audit trail and financial reconciliation, aligned to Auditor-General requirements and corporate governance best practice.
Delivered on every mandate
- Comprehensive disposal report, lot by lot
- FICA verification records for transacting bidders
- Complete audit trail from instruction to settlement
- Full bid history for every lot offered
- Financial reconciliation against realised proceeds
- Documentation aligned to Auditor-General requirements
Sector-specific reporting is added where the mandate requires it, for example reporting into a liquidator's account or into a claim file.
Not sure which sector your mandate sits in?
Most disposals cross more than one. Tell us what you are holding and who has to sign it off, and we will set out the format, the compliance path and a timeline.