RC 261030702Stephen Grootes
Friday, 30 October 2026
A $6.3 billion Binance hack, SAA's staggered salaries and a looming US trade decision on AGOA dominated Friday's Money Show, alongside Dis-Chem's profit slide.
- 18:05
Binance says customers' money is safe and it will cover every loss after a complex attack affected around $6.3 billion in funds, with investigators finding more breach points than first thought.
- 19:37
SAA staggered salaries because jet fuel, now over 40% of operating costs, squeezed liquidity; about 70% of staff were paid on time on 27 October, with pilots, management and executives paid days later.
- 18:34
The US decides on Monday whether South Africa keeps AGOA trade preferences, amid the deepest diplomatic rift since democracy, with autos, agriculture and manufacturing exposed if access is lost.
- 18:03
Former senior prosecutor Andrea Johnson and dismissed police general Feroz Khan were charged with defeating the ends of justice and granted R10,000 bail each; they return to court on 2 February.
- 18:10
Dis-Chem's headline earnings per share fell nearly 13% for the six months to August, blamed on heavy investment in its innovation hub, while revenue rose a strong 8%.