Category: Art

art

Top-tier modernists and change in macroeconomic outlook inspire positivity in Johannesburg’s art auction market

Johannesburg’s art auction market is showing renewed strength as modernist masterpieces and improved macroeconomic outlook boost buyer confidence. Strauss & Co’s flagship evening sale achieved R44.2 million, 81.76% sell-through, with standout results for JH Pierneef, Alexis Preller, Irma Stern, John Meyer, Gerard Sekoto and Vladimir Tretchikoff, reflecting rising demand and positive sentiment in South Africa’s art investment market.

Strauss & Co collaboration with strong results for rare and important art from across East Africa

Strauss & Co’s inaugural collaboration with Nairobi’s Circle Art Agency delivered outstanding results, marking a milestone for East African modern and contemporary art. Rare works by Tanzanian modernists Sam Ntiro and K.F. Msangi led the auction, with Msangi’s Baobab Under the Red Moon (1968) achieving a remarkable KES 3,522,000 (US$27,271). The sale totalled KES 29,666,980 (US$229,727) from 52 lots, boasting an 80% sell-through rate and over 70% of lots exceeding high estimates. With strong participation from 19 countries and nearly half of bidders new to Art Auction East Africa | Strauss & Co, the event highlights the rising global demand for East African art and reinforces the region’s growing secondary market.

Strauss & Co partners with Art Auction East Africa to bolster secondary market for East African art

Strauss & Co, Africa’s leading art auction house, has partnered with Art Auction East Africa to strengthen the secondary market for East African art. The collaboration features a two-part auction — a live-virtual sale and a timed-online works-on-paper event — showcasing rare pieces by Geoffrey Mukasa, K. F. Msangi, and Sam Ntiro. Building on Circle Art Agency’s pioneering platform, the initiative deepens regional and international engagement with East Africa’s modern and contemporary art scene.

Art, Philanthropy and Global Recognition: The TOP CHARITY Auction’s Role in Elevating African Art and Luxury Giving

The TOP CHARITY Auction has reimagined luxury philanthropy by blending high art, global culture, and impactful giving. Recognized as Europe’s Best Luxury Auction Event, it not only raises millions for charitable causes but also serves as a global platform for promoting African art and fostering cultural exchange between Africa and Europe.

The Rise of Contemporary African Art in a Global Market

Contemporary African art is gaining unprecedented momentum in the global market, with rising interest from collectors and record-breaking auction sales. Aspire Art leads the movement, showcasing African artists’ extraordinary talent and elevating modern African aesthetics worldwide.

How to Invest in Art Like a Pro

Art has become an increasingly attractive alternative investment, offering the opportunity to diversify one’s portfolio, while having the potential for significant returns. One of its biggest advantages is that, at the very least, it tends to hold its value, and, over time, it can appreciate, all while offering buyers the pleasure of enjoying their acquisitions.

Strengthening Africa’s Cultural Sectors—Promoting Policies for Greater Integration of Pan-African Cultural Institutions to Build a Stronger African Identity

This article examines the need for stronger policies to integrate Pan-African cultural institutions, fostering a unified African identity. It highlights the role of culture in economic and social development while advocating for collaborative efforts to strengthen Africa’s cultural sectors.

Alternative investments: Don’t overlook the potential of up-and-coming artists

Investing in emerging artists offers a unique opportunity to diversify portfolios while supporting cultural innovation. This article explores the financial potential of artworks by up-and-coming talents, highlighting how early investments can lead to significant returns as these artists gain recognition. It also discusses strategies for identifying promising artists and the benefits of incorporating art into alternative investment portfolios.