Skip to content

News archive

  • Vitality model saves more than two million life years for its customers in 2022

    Vitality model saves more than two million life years for its customers in 2022

    Discovery’s 2022 Sustainability Report quantifies the positive impact of its model for customers and society – and sets a goal of incentivising one billion healthy activities a year by 2030. In the 2021 financial year, Discovery recorded 470 million healthy activities, and returned R11.4 billion in value to customers through its shared-value model and impacted nearly 40 million lives.

  • Discovery Bank democratises the traditional banking model by segmenting and rewarding clients for managing their money well, not just for how much they earn.

    Discovery features fourth on the 2022 Fortune Change the World list

    Discovery ranks fourth on the Fortune Change the World list for the application of its shared-value model in the banking industry through Discovery Bank - a branchless, full-service bank which nudges and rewards clients towards better financial behaviours and outcomes.

  • Discovery Bank clients can now open a new EasyEquities account, or link an existing one, seamlessly through the Discovery Bank app

    Share trading now available for Discovery Bank clients through EasyEquities

    Johannesburg, October 6, 2022 – Coinciding appropriately with World Investor Week, Discovery Bank is excited to announce the launch of share trading through the Discovery Bank app, in partnership with EasyEquities. Clients can now open a new EasyEquities account, or link an existing one, seamlessly through the Discovery Bank app, making investing in their favourite local and global brands and othe

  • Financial relief provided to members of Discovery Health Medical Scheme as 2023 contribution increase deferred to 1 April, with the Scheme optimally priced for expected claims

    Financial relief provided to members of Discovery Health Medical Scheme as 2023 contribution increase deferred to 1 April, with the Scheme optimally priced for expected claims

    Discovery Health Medical Scheme members to save almost R1.9bn in the first three months of 2023, access exciting new health-enhancing benefits and an innovative new network-based plan. Judicious use of excess Scheme solvency provides both financial relief and new benefits to members.
    21 September 2022 – Today, Discovery Health Medical Scheme (DHMS) announced that its members will only pay m

  • Discovery’s Group Chief Executive, Adrian Gore, today shared the Group’s full-year results for the period ended 30 June 2022 with the investor community

    Discovery posts strong operating full-year results in challenging macro-economic environment

    Discovery reported its’ full-year results for the period ended 30 June 2022 today.
    Highlights:
    The strong operational performance of all three main business areas, the SA composite, the UK composite and Vitality Global demonstrates the relevance of the Vitality Shared-value business model and the value it delivers to clients and broader society New business initiatives grew strongly, led b

  • Discovery Bank brings Google Pay to clients

    Discovery Bank brings Google Pay to clients

    Johannesburg, 23 August 2022 – Discovery Bank today announced the launch of Google Wallet, which gives clients fast, secure access to their Discovery Bank cards and uses the power of Google to protect every transaction. The collaboration also lets clients tap to pay everywhere Google Pay is accepted, use loyalty cards, board a flight, and more – all with just their Android phone or supported Wear

  • Cogence will bring asset allocation views from BlackRock, one of the world’s leading asset managers, together with personalised insights from Vitality

    South Africa’s first global discretionary fund manager launched by Discovery

    Johannesburg, 23 August 2022 — Discovery Group today announced the launch of Cogence, a discretionary fund manager (DFM) seeking to significantly enhance the business of wealth creation in South Africa. Cogence will bring asset allocation views from BlackRock, one of the world’s leading asset managers, together with personalised insights from Vitality to provide investment solutions including mode

  • Discovery Fund celebrates two decades of strengthening rural healthcare in SA

    Discovery Fund celebrates two decades of strengthening rural healthcare in SA

    Johannesburg– Leaders in healthcare met on 05 July 2022 to celebrate 20 years of Discovery’s corporate social investment (CSI) into health systems in rural South Africa. The Discovery Fund records a total of over 350 000 direct and 57 million indirect beneficiaries since the programme’s inception in 1997.
    “For Discovery, CSI is not a peripheral function, but rather one which is embedded in the

Show more