The Discovery Foundation has reached its R300 million investment milestone, achieving a 72% Black Economic Empowerment (BEE) target directed towards black beneficiaries. To date, the Foundation has funded up to 10% of the sub-specialists training posts in South Africa and currently awards more than 75% of its annual grants to black recipients as part of its transformation-led strategy. Since it
Highlights:
The Discovery Emergency Cover range of options will be available from 1 January 2025
Employees and their families will now have access to extensive cover for accidents and trauma events, treatment in casualty and for emergency in-hospital procedures
Discovery Emergency Cover is offered through three packages – Emergency Core, Emergency Plus, Emergency Max - starting at R90 per mont
Key findings:
South Africa’s heavy reliance on coal for electricity generation makes it one of the world’s most carbon-intensive economies, exposing local businesses to significant financial risk from global and local carbon taxes.
By 2034, carbon taxes could make up over 35% of electricity generation costs.
South African businesses face a ‘double whammy’: Local carbon taxes are expected to i
Johannesburg, October 17, 2024 – The inaugural Global Insurance Innovation Awards, held at a gala ceremony in Singapore today, recognised Discovery Insure as a global leader in insurance innovation, thanks to its world-class and future-ready product offering.
In line with expectations that debt repayment would be a key reason for requesting Two-Pot withdrawals, one of the two main reasons claimants gave for needing extra cash was to settle short-term debt. The other was to cover home or car expenses. That's according to the Discovery Corporate and Employee Benefits’ pension and provident fund business. T
Discovery announced strong full-year results with growth in earnings, value, cash generation and capital resilience.
Discovery Health Medical Scheme announces a new plan for young professionals, adds to the day-to-day benefits of members through a new Personal Health Fund, and increases contributions by 7.4% to 10.9% across its plan range in alignment with projected medical inflation for 2025.
This press statement is issued by Discovery Health (Pty) Ltd, registration number 1997/013480/07, an authorised f
Johannesburg, September 1, 2024- Discovery Vitality’s latest research shows that regularly purchasing healthy food can lead to a 13% reduction in the risk of becoming obese.
“Purchasing behaviours have a profound influence on our dietary habits, which are linked to dietary risk factors that contribute to over 7 million deaths globally per year. Our latest research underscores the health risks
Johannesburg, 30 August 2024 – On Wednesday, the 2024/2025 Ask Afrika Orange Index®, a leading, independent benchmark study in the field of customer experience, showed Discovery Bank as the clear leader not just among banks, but across all brands included in the study.
The Ask Afrika Orange Index® survey, which consisted of 46,000+ consumer interviews about their real experiences and expect
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
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
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
