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To see just how far people were willing to go to win, we studied people’s behaviour in one of the most competitive bidding environments possible: a Dutch auction.
President Mohamed Abdullahi Mohamed of Somalia (left) and Kenya’s President Uhuru Kenyatta.Their countries are in a row over territory.
Daniel Irungu/EPA
As Kenya and Somalia scramble for offshore oil and gas, foreign investors wait eagerly on the sidelines
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A change in South African law promises to protect defaulting home owners from abuse by unscrupulous operators who snap up people’s homes for a song.
More competition between renters won’t help affordability.
AAP/Mick Tsikas
In a market already tilted in favour of landlords, these apps could further push up prices.
PA/PA Archive
The dress Marilyn wore to sing happy birthday to JFK sold at auction recently for a record-breaking $4.8m.
Worth a thousand words? Or $37 million.
Darren Ornitz/Reuters
New York’s Met just announced more job cuts to balance its books as the shifting tastes and demographics make it harder to make a museum’s ends meet.
Long Island gallerist Glafira Rosales (left) sold fake paintings to Knoedler director Ann Freedman (right), who then turned them around for millions. Was Freedman aware that they were fakes?
What, exactly, was going on at the Knoedler Gallery in the years leading up to a forgery indictment?
William Kentridge art exhibition in Beijing. Kentridge is one South African artist who has made commercial success worldwide.
EPA/How Hwee Young
South Africa’s art market has seen substantial growth in the past few years. But investing in art remains risky and produces limited returns.