Budget Speech 2022 Insights and Commentary from Discovery
Executives provide comments and snippets following Minister Enoch Godongwana’s National Budget Speech on Wednesday 23 February 2022
Discovery and AIA to establish a pan-Asian health InsurTech business
Discovery and AIA announce the formation of a pan-Asian health InsurTech business. Amplify Health is a new digital health technology and integrated solutions business that will deploy a range of health technology assets, proprietary data analytics and extensive health expertise to AIA’s insurance businesses and other third-party clients across Asia.
Discovery Invest shares its market outlook for 2022
Johannesburg, 14 February 2022 - With 2021 characterised as a year of strong market recovery from the shock caused by the global outbreak of COVID-19, the scene for 2022 remains positive, albeit with some uncertainty.
Kenny Rabson, CEO of Discovery Invest, says that while the worst is likely behind us in terms of the market impact of COVID-19, its longer-term effects are continuing to influen
Discovery Bank introduces the only Real-Time Forex Accounts in South Africa
Johannesburg, 07 February 2022 — Discovery Bank, this week, launched its comprehensive, real-time forex capability on the Discovery Bank app that gives access to immediate foreign currency transactions.
Hylton Kallner, CEO of Discovery Bank, says, “Our full forex capability is a key requirement in an increasingly global environment. We have placed a great focus on ensuring that we remove the c
Vitality Health International introduces Vitality rewards across Africa
On 1 January 2022, Vitality Health International (VHI), a division of Discovery Group that is responsible for its international health insurance initiatives, launched its Shared-value health insurance product offering in several African countries – Nigeria, Ghana, Kenya, the Democratic Republic of Congo (DRC), and Zambia. Employers who operate in these countries can now offer their employees acces
Discovery Invest announces additional Retirement Summit speakers
Johannesburg, 21 January 2022 — Discovery Invest today announced additional speakers at its inaugural retirement conference, the Discovery Retirement Summit, which is a virtual event scheduled to take place on the 25th of January 2022. The summit will bring together global industry leaders to give financial advisers fresh ideas, new perspectives, and deep insights to enhance their ability to ensur
Discovery Invest Innovates for a structurally superior retirement fund offering
Johannesburg, 15 December 2021 – Discovery Invest has announced an innovation in its shared value model that enables clients to achieve greater offshore exposure in their retirement offering and more liquidity than any other retirement solution available in South Africa.
The Discovery Invest shared value model for retirement savings incentivises clients to adopt the behaviours that are proven
Discovery Bank and Vitality Money clients spent 600 million Discovery Miles this November
Discovery Bank and Vitality Money clients spent 600 million Discovery Miles, adding up to R100 million in purchases, this November.
Discovery Bank extended its Discovery Miles Đ-Day, held on the 15th of every month, to include the full Black Friday weekend from 26 to 28 November. Miles Đ-Day is an opportunity for Discovery Bank and Vitality Money clients to get up to 40% off when spending their
UPDATE: The 18th Discovery Walter Sisulu Soccer Challenge: Closed door event
Key announcements:
The 18th edition of the Discovery Walter Sisulu Soccer Challenge will take place from
8-29 December 2021.
Only vaccinated players, coaches, support staff and media will be permitted.
No spectators allowed.
This year’s Discovery Walter Sisulu Soccer Challenge will go ahead as planned, with only one change: No spectators will be allowed inside the host venue Nike Shapa So
Discovery Invest Announces 2022 Retirement Summit, featured speakers
Johannesburg, 01 December 2021 — Discovery Invest today announced its inaugural retirement conference, the Discovery Invest Retirement Summit, which is a live hybrid event scheduled to take place on the 25th of January 2022. The Summit will bring together an exclusive gathering of internationally renowned speakers to explore the trends, opportunities and challenges that are shaping today’s retirem
Discovery highlights significant progress in implementation of mandatory vaccination policy
On 3 September 2021, Discovery announced its mandatory vaccination policy for South Africa-based employees Staff vaccination rates have climbed from 22% at start of September to 94% by 30 November Across all main categories, including sex, age and seniority, more than 90% of staff are vaccinated Vaccination rates projected to reach levels greater than 97% before the peak of fourth wave, in ear
Bigger Miles Ð-Day discounts for a Black Friday Weekend Takeover
Johannesburg, 24 November 2021 — Discovery Bank today announced additional discounts for an extended period for this upcoming Black Friday. As part of a Miles Ð-Day Black Friday Weekend Takeover, qualifying Discovery Bank clients can double their Discovery Miles discounts on purchases made at retail partners between 26 and 29 November 2021.
“Discovery Miles are already more valuable than cash w
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