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Johannesburg, 19 October 2021- In line with its aim to bring new investment opportunities to South African clients, Discovery Invest today announced the launch of a market first credit fund targeting annual returns in Euros of 7% per annum, net of fees and taxes. The Discovery European Credit Opportunities Fund, managed by Ninety One, is an international structured fund that offers access to a
Johannesburg, 30 September 2021 – Discovery Bank today announced new digital and fintech innovations for a comprehensive digital financial services experience at its annual product-update event with financial advisers.“With the latest features, our clients have access to a full range of financial capabilities in one place – our digital banking platform. This platform is not only transforming b
30 September 2021 - Today Discovery Health Medical Scheme (DHMS) announced that it would again the delay the implementation of its annual contribution increases. After delaying the annual contribution increases for 2021 by 6 months to 1 July 2021, the Scheme announced that the annual contribution increases of 7.9% for 2022 would only be implemented from 1 May 2022. This makes Discovery Health Me
Johannesburg, 2 September 2021 – Adrian Gore, Discovery Group Chief Executive, today presented the Group’s full-year results for the period ended 30 June 2021 to the analyst community. Discovery posted a strong operating performance across the all businesses, despite the ongoing challenge of the COVID-19 environment which manifested in a far higher COVID-19-related mortality in South Africa, compa
Johannesburg, 1 September 2021 – Discovery Bank today announced that Black and Purple cardholders can enjoy faster security clearance with the Discovery Bank Priority Fast Track at the Cape Town International Airport domestic departure hall, making travel more rewarding than ever. This follows the launch of Priority Fast Track at OR Tambo International Airport in July 2020, successfully brough
Johannesburg, 31 August 2021 – Consumers can bank the way they’ve always banked, or they can bank with Discovery Bank, which offers servicing and banking solutions of the future, now. This is the premise of Discovery Bank’s new integrated marketing campaign: The Future of Banking Now.“We want to show consumers the exceptional features that the Bank has built that gives clients a completely new
Johannesburg, 13 August 2021– In July, Discovery Bank and Vitality launched its new Discovery Miles Đ-Day campaign. Hylton Kallner, CEO of Discovery Bank, explains that Discovery has created a new mid-month spend occasion that adds even greater value to the spending power that Discovery Miles already offer to all Vitality Money, Health and Drive clients as part of the group’s shared-value rewards.
Johannesburg, 29 July 2021 – Discovery Life has announced a ‘first-of-its-kind’ underwriting determinant for the South African life insurance market, stating that being vaccinated against COVID-19 is now an additional consideration in determining life insurance premiums and benefits for new clients, effective from the 29th of July 2021. “Through our premium PayBack reward mechanism, we are off
Johannesburg, 23 July 2021 - Discovery Bank today announced it will enable all its clients to donate cash or accumulated Discovery Miles, which they earn with Vitality Money as a reward for healthy lifestyle and financial choices, to the relief efforts underway in KwaZulu-Natal. All donations in cash and Discovery Miles from now until 31 August can be made directly from the Discovery Bank app to G
JOHANNESBURG, 2 July 2021 | Discovery Vitality is excited to partner with the Nelson Mandela Foundation to raise funds for its Each One Feed One hunger relief campaign. The Foundation launched the #Each1Feed1 initiative in response to the devastating effects of COVID-19 on already vulnerable communities. The campaign calls for all South Africans to donate essential products to help alleviate food
JOHANNESBURG, 30 June 2021 – Discovery is proud to announce Springboks Makazole Mapimpi and Lukhanyo Am as Discovery Vitality Ambassadors. The duo are responsible for making Springbok history with an exhilarating 66th-minute try in the 2019 Rugby World Cup final. It was the first try of the game, that led to the team being crowned victorius World Cup champions – and the Springbok’s first-ever try
Johannesburg, 21 June 2021 – Discovery Invest has partnered with Goldman Sachs Asset Management, to introduce a new investment opportunity giving access to a range of thematic equity portfolios designed to give exposure to global megatrends.The Discovery Global Megatrends Fund is available on both Discovery Invest’s local and global platforms. The Fund provides clients with unique exposure to
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