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Discovery Bank has, in under five years, grown to a completely digital, comprehensive retail bank offering that is attracting over 1,000 new clients a day

Discovery Bank grows to one million clients two years ahead of plan

Johannesburg, 26 August 2024 – Discovery Bank, today, announced that is has reached the milestone of acquiring its first one million clients. This follows the Bank’s announcement earlier this year that it had over two million active accounts.
Hylton Kallner, CEO of Discovery Bank, says, “This milestone of our first million clients is a special one. While it’s only the beginning for us, we are

South African Breastmilk Reserve Launches Innovative 'So Safe' Breastmilk Pasteurizer During World Breastfeeding Week 2024

South African Breastmilk Reserve Launches Innovative 'So Safe' Breastmilk Pasteurizer During World Breastfeeding Week 2024

issued on behalf of the South African Breastmilk Reserve (SABR)
Johannesburg, South Africa – 08 August 2024 – The South African Breastmilk Reserve (SABR), a pioneering not-for-profit organization dedicated to supporting neonatal care, proudly announces the launch of the 'So Safe' breastmilk pasteurizer. This launch coincides with World Breastfeeding Week 2024, themed 'Closing the Gap,' which a

Flexicare brings more accessible and affordable healthcare to South African consumers

Flexicare brings more accessible and affordable healthcare to South African consumers

06 August 2024, Johannesburg: Discovery Health and Auto&General have announced enhanced benefits to its current day-to-day private healthcare offering, Flexicare, at a more affordable rate starting from R350 per month.
“We are thrilled to introduce a broader suite of services to the Flexicare offering, over and above the existing benefits, in the form of nurse-led journeys and a digital cl

Discovery Health Medical Scheme (DHMS) prioritises members’ wellness, alongside continued focus on sustainability

Discovery Health Medical Scheme (DHMS) prioritises members’ wellness, alongside continued focus on sustainability

Johannesburg, 31 July 2024: Discovery Health Medical Scheme (DHMS) continues to demonstrate strong performance, financial certainty and sustainability for members’ peace of mind.
Presenting at the Scheme’s Annual General meeting (AGM), Discovery Health Medical Scheme Principal Officer, Charlotte Mbewu, reflected on the achievements of the 2023 financial year. Results presented show that the S

A Discovery insights paper gives details about the additional value clients get from Ðiscovery Miles, making this currency, integrated across Discovery products, more valuable than cash

Rewarding positive behaviour with over 10 billion Ðiscovery Miles in 2024

Johannesburg, 30 July 2024 – Discovery, today, released a paper on the value Discovery Vitality members get from Ðiscovery Miles, the currency used to give clients rewards for positive behaviours across the integrated Health, Drive and Money behaviour-change platforms.

Highlights from the research:
In 2024 alone, Discovery Vitality members are expected to earn more than Ð10 billion with

Discovery Bank achieved the highest rating of all retail banks in SA with clients experiencing the highest levels of product satisfaction, delight in emotional connection and other metrics

Discovery Bank takes top spot in new Ask Africa Banking Brand index

Johannesburg, 23 July 2024 – Research company, Ask Africa, yesterday, announced the results of their all-new Ask Africa Banking Brand Index © in which Discovery Bank took top spot for both brand connection and emotional satisfaction. Including views from clients across 11 major South African banks, Discovery Bank stood out as winning the hearts and minds of banking clients across all income groups

Today, the President signed the Pension Funds Amendment Bill into law, following his signing of the Revenue Laws Amendment Bill last month on 1 June 2024. Visit https://www.discovery.co.za/business/two-pot-retirement-portal for more info

Two-Pot legal hurdle crossed, now the race to prepare is on - Pension Funds Amendment Bill signed into law today 21 July 2024

Today, the President signed the Pension Funds Amendment Bill into law, following his signing of the Revenue Laws Amendment Bill last month on 1 June 2024. This means that all prerequisites for SA’s new Two-Pot retirement system to take effect from 1 September 2024 have successfully been concluded. Visit https://www.discovery.co.za/business/two-pot-retirement-portal - a Two-Pot info hub for more

July is National Savings Month - the long-term intention of Two-Pot is to improve the country’s retirement outcomes by keeping South Africans in work and saving more, for longer.

July Savings Month highlights how Two Pot can improve SA retirement outcomes

With July being national savings month in South Africa it’s worth remembering that beyond providing access to retirement savings in cases of emergency, the long-term intention of Two-Pot is to improve the country’s retirement outcomes by keeping South Africans in work and saving more, for longer.

Mental health matters: Prioritising wellbeing in university students

Mental health matters: Prioritising wellbeing in university students

University students are likely to experience mental health issues. What are the warning signs? And how can healthy eating, exercise and financial savvy play a role in protecting mental health?
28 June 2024, Johannesburg: Discovery Health Medical Scheme claims data show a 120% increase in the prevalence of mental health conditions among young people (ages 18-24) from 2012 to 2022, compared to an

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