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Discovery Group delivered a robust performance for the period ended 31 December 2023, demonstrating resilience and strong underlying growth dynamics in a complex operating environment.

Discovery eyes future growth with positive half-year results and monthly operational break-even for Discovery Bank

Johannesburg, 20 March 2024 – Discovery today presented a strong set of half-year results to the investor community, with an update on Discovery Bank reaching its monthly operational break-even ahead of the Group’s target date. Group Chief Executive, Adrian Gore, commented, “In an environment characterised by continued macroeconomic complexities, Discovery delivered a strong operating performance

Pothole Patrol Training Academy building.

The Discovery Pothole Patrol formalises its Academy to create jobs and drive sustainable change

Johannesburg, 28 February 2024: Discovery is proud to announce the official launch of the Discovery Pothole Patrol Academy in partnership with Avis Southern Africa.
Following a successful pilot in 2023 with 18 learners, the Academy is now accredited by the Insurance Sector Education and Training Authority (INSETA) to offer a 12-month practical skills training programme providing an NQF Level 3

100% safe driving record achieved by 2023 drivers of scholar transport programme

100% safe driving record achieved by 2023 drivers of scholar transport programme

661 drivers in 2023 safely transported 13 000 children to and from school, upholding the programme’s excellent track-record of zero crashes since inception A total of R250 000 awarded to the best drivers this year
Cape Town, 30 November 2023 - The Discovery Safe Journey to School (DSJTS) programme recognised the outstanding scholar drivers of 2023 at the annual Excellent Driving Performers Aw

Vitality Health International’s inaugural V-Talk session ignites critical conversations about malaria: a preventable and treatable disease

Vitality Health International’s inaugural V-Talk session ignites critical conversations about malaria: a preventable and treatable disease

Vitality Health International launched its inaugural V-Talk panel discussion last week with the aim of addressing critical health, wellness and economic challenges facing the African continent.
In the V-Talk series, leading experts are invited to identify and implement innovative healthcare solutions that protect, enhance and save lives across the African continent.
The inaugural V-Talk fo

Cogence appoints its first CEO and expands its presence to four investment platforms

Cogence appoints its first CEO and expands its presence to four investment platforms

South Africa’s first truly global discretionary fund manager (DFM), Cogence, announces Jonel Matthee-Ferreira at its first Chief Executive Officer effective 2 January 2024. Cogence is the first South African DFM making leading global fund research and insights available to local advisers through a powerful collaboration with BlackRock, Discovery and RisCura.

Discovery Life unpacks the hidden costs of winding up a deceased estate

Discovery Life unpacks the hidden costs of winding up a deceased estate

Even though just over 40% of South Africans have funeral cover, only one in 10 South African consumers has life insurance. If the deceased’s estate has a cash shortfall, the funeral and immediate costs may be taken care of, but there are no backup funds available to pay for winding up the estate itself.

Discovery Life making strides in closing the insurance gap

Discovery Life making strides in closing the insurance gap

There are multiple trends that compound to create a more complex financial planning environment for women. Because of persistent socio-economic inequality, women face a large insurance gap. With this context in mind, Discovery Life has built life insurance products which specifically cater to these challenges and risks.

Professor Salome Maswime wins Clinician-Scientist Award

Professor Salome Maswime wins Clinician-Scientist Award

Johannesburg, 27 July 2023: Discovery Foundation is pleased to learn that its recipient and Massachusetts General Hospital (MGH) fellow, Professor Salome Maswime, received the National Science and Technology Forum (NSTF) - South African Medical Research Council (SAMRC) Clinician-Physician Award. This award was for her contribution in the field of Global Surgery in Africa. The accolade recognised h

Pothole Patrol takes on a new partnership that’s geared to continue making a marked difference for all South African road users

Pothole Patrol takes on a new partnership that’s geared to continue making a marked difference for all South African road users

Johannesburg, 29 June 2023: Today Discovery Insure and Avis Southern Africa announced a partnership to support the Discovery Pothole Patrol in Johannesburg. The partnership will see the two companies working together to identify and repair potholes on major roads in the city.
Pothole Patrol was initially launched in May 2021 to support the Johannesburg Roads Agency (JRA) and the City of Johann

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