The weak rand is making the South African art market attractive to buyers , according to mark Kilbourn , chairman of domestic auction house Strauss & partners About half of contemporary South African artworks are sold to foreign buyers , Kilbourn said , adding that the foreign currency and relatively low prices are boosting buyers from abroad .
The weak rand is making the South African art market attractive to investors, according to Frank Kilbourn, chairman of domestic auction house Strauss & Co. About half of contemporary South African artworks are sold to foreign buyers, Kilbourn said, adding that the devalued currency and relatively low prices are boosting interest from abroad.