Johannesburg, 30 May 2025 – Discovery Green , a Discovery Limited business, has signed its first Power Purchase Agreement as off-taker of phase two of leading independent power producer (IPP) Red Rocket’s Overberg Wind Farm, unlocking 150MW of clean energy for its clients.
Situated 12km west of Swellendam in the Western Cape, Red Rocket’s Phase 2 of the Overberg Wind Farm will power Discovery
Cape Town, 21 May 2025 – Her Majesty Queen Máxima of the Netherlands, the United Nations Secretary-General’s Special Advocate (UNSGSA) for Financial Health met with Discovery Bank CEO, Hylton Kallner, and other guests at Discovery Store in Sea Point, Cape Town. They explored the bank’s fully digital behaviour-change programme, Vitality Money, and how it enables financial health through science-bas
Johannesburg, 15 May 2025 – Traditionally, access to wheeled renewable energy has excluded many South African businesses – from larger non-energy-intensive corporates to SMMEs – from participating in the energy transition, even though they account for 15 to 20% of the country’s total electricity consumption.
To better understand the economic opportunity of expanding access to renewable energy,
Keynotes:
Discovery Green and Sasol launch Ampli Energy, a market-first, no-fee, no-risk, no-hassle, month-to-month renewable energy product for South African businesses of all sizes.
Ampli Energy pays businesses monthly cashback to replace their electricity consumption with clean, grid-delivered renewable energy.
Delivered through Eskom’s national grid via wheeling, Ampli requires n
Johannesburg, 10 April 2025 – Discovery Bank and Visa today released their new SpendTrend25 report, their third annual collaborative report of South African consumer spending habits based on an in-depth analysis of credit card spend data. Combining their extensive datasets and analytical expertise, SpendTrend25 tracks how consumer spending habits have evolved between 2019 and 2024 among Discovery
Key insights about Discovery Life’s 2024 Claims Experience include:
Growth in payments for living benefits – namely illness, disability and income protection – and Shared-value rewards for health behaviours outpaces growth in payouts for death benefits.
Discovery Life clients who reached a Gold or Diamond Vitality status experienced a 57% lower mortality risk and a 47% lower disability risk,
Discovery Insure’s telematics data shows that just 20 seconds on a phone increases accident risk by over 60% and that cellphone-linked distraction is the biggest contributor to road accidents in the country. Discovery Insure and bp launch the #DriveNowTextLater campaign – a national movement to stop drivers from texting while driving. Drivers are encouraged to pledge not to text and drive by ap
Johannesburg, 4 March 2025 – Discovery today presented its interim financial results for the six-months ended 31 December 2024 to the investor community.
Group Chief Executive, Adrian Gore, provided context to the Group’s strong performance and consistent growth across the two composites of the business. “We have emerged from a cycle of significant investment, which focused on creating new aven
17 February 2025, Johannesburg – The global economy is transforming, reshaping the landscape for investors and economies alike. As these era-defining mega forces – artificial intelligence (AI), decarbonisation and ageing populations – unfold, Cogence’s 2025 Market Outlook, in collaboration with BlackRock and RisCura, identifies opportunities amid a dynamic and uncertain environment.
Key highlig
Vitality Health International’s health insurance offering which employers can provide to their staff, presented through Strategis’ in-market insurance expertise, brings innovative new benefits to Tanzania, including a range of four flexible plan options, a Malaria Benefit, and the Vitality behaviour-change rewards programme.
Dar es Salaam, Tanzania, 13 February 2025 – Health insurance provider
12 February 2025, Johannesburg – The Discovery Invest 2025 Market Outlook highlights how a recovering global economy and transformative trends such as artificial intelligence (AI) are shaping investment opportunities in unusual market conditions. With global uncertainties, such as shifts in US trade and fiscal policies under the Trump administration, the need for a measured, long-term investment s
Key insights about Discovery Insure’s Vitality Car Rating include:
Vitality Car Rating, a first of its kind, uses driving behaviour and data analytics to enhance a vehicle’s resale value. Discovery Insure clients can now get up to a 15% boost when they sell their car at participating Weelee and Motus Select dealerships.
Vitality Car Rating leverages 13 years of Discovery Insure data, incl
Johannesburg, 3 February 2025 – The Discovery Vitality Run Series (VRS) is officially underway, following a successful first event, the Olympic Spartan Harriers Firgrove Challenge with Discovery Vitality, held in the Western Cape. The race saw thousands of runners take to the streets this past weekend, marking the start of an exciting season of 16 events designed to get South Africans moving.
Johannesburg – 27 January 2025 – Discovery Bank, today, released an analysis of its client transaction data during December 2024. It highlights interesting festive spend behaviours among the Bank’s clients and the value derived from their travel and lifestyle rewards.
Hylton Kallner, CEO of Discovery Bank, says, “The December holiday period is known as a time of increased spending. So, it’s n
Vitality Health International, an innovative health insurer that rewards healthy living for employees in Africa (and owned by Discovery Group), through its partnership with Goodbye Malaria, is unwavering in its commitment to the elimination of malaria – one of the most significant health challenges facing Africa.
According to the latest World Malaria Report, released by the World Health Organi
The Discovery Insure Holiday Drive Trends report showcases ideal road trip departure times, busiest traffic dates, and why driving without a stop isn’t worth it.
Discovery Insure’s December 2024 Holiday Drive Trends report shows that:
There is a 26% increase in speeding over the holidays (driving 10 km/h over the speed limit) as drivers take advantage of open roads and less traffic.
Th
Johannesburg, 11 December 2024 - Discovery and South African Airways (SAA) are proud to announce an exciting initiative with renowned South African artist, Nelson Makamo, which will see a collection of his iconic pieces displayed in selected The Loungelocations at South African airports.
Creating a memorable, once-in-a lifetime experience, local and international tourists can now enjoy Makamo’s
Johannesburg, 5 December 2024 – DataEQ has published its 2024 South African Banking Sentiment Index, which, this year, placed Discovery Bank first overall, ranking first in both operational and reputational performance. The Index provides an in-depth look at how consumers perceive the country’s eight biggest banks and is based on a dataset of more than three million public social media posts betwe
The Discovery Pothole Patrol recently celebrated their three-year milestone, with over 260,000 potholes repaired, mainly within the Johannesburg metro, since its inception. Launched in 2021, the initiative is a partnership between Discovery Insure and Avis Southern Africa, who have been working alongside the Johannesburg Roads Agency (JRA) and the City of Johannesburg (COJ).
[disclaimer] This press statement is issued by Discovery Health (Pty) Ltd, registration number 1997/013480/07, an authorised financial services provider and accredited administrator of medical schemes on behalf of Discovery Health Medical Scheme, registration number 1125, which it administers.
Key highlights:
Launch date: Subject to the approval by the Council for Medical Schemes (CMS), an