Topics: Corporate Information

10 April 2025 12:00

S.Africans still feeling pressure, with busy lifestyles increasing the need for convenience and digital services: SpendTrend25 report

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

10 April 2025 08:12

Discovery Life pays 11.5 billion to clients in 2024

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,

8 April 2025 13:13

Thumbs up for those who #DriveNowTextLater - Discovery Insure and bp launch nationwide road safety campaign

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

4 March 2025 09:25

Discovery’s new phase of growth results in strong performance, with Discovery Bank continuing to perform ahead of plan

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 13:13

Cogence 2025 Market Outlook – The world is changing

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

13 February 2025 14:31

Groundbreaking health insurance offering by Vitality Health International and Strategis provides comprehensive cover with flexible plans, malaria benefit and more

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 08:17

Discovery Invest 2025 Market Outlook: Business unusual

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

10 February 2025 14:35

Discovery Insure’s Vitality Car Rating increases consumer confidence in the second-hand vehicle market, boosts resale value up to 15%

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

3 February 2025 10:02

Sports Minister announces running shoes donation initiative at Discovery Vitality Run Series kick-off

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.

27 January 2025 11:58

Discovery Bank Festive SpendTrend 2024/2025: Clients’ book 18,000 flights and fly 320 million kilometres

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

12 December 2024 16:26

Vitality Health International, in partnership with Goodbye Malaria, acknowledges WHO World Malaria Report and renews dedication to eradicating malaria in Africa

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

12 December 2024 08:42

New Discovery Insure Holiday Drive Trends report reveals key road trip insights

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

11 December 2024 11:23

Discovery and Nelson Makamo commemorate SAA’s 90th celebration with art in The Lounge

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

5 December 2024 09:07

Consumers place Discovery Bank first in 2024 Banking Sentiment Index

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

27 November 2024 08:37

Discovery Pothole Patrol marks three-year milestone with 260,000 potholes fixed in Joburg

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).

12 November 2024 13:12

Discovery Health Medical Scheme launches Active Smart: affordable healthcare for new entrants and young professionals

[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

6 November 2024 14:50

Discovery Safe Journeys to School programme celebrates its successful expansion into Gauteng

06 November 2024: Johannesburg, South Africa – The Discovery Safe Journeys to School (DSJTS) programme, a partnership between Discovery Fund and Afrika Tikkun, has expanded into Gauteng. This expansion will cover areas in central Johannesburg including Orange Farm, Alexandra, and Diepsloot, where the need for safer school transport is high.

4 November 2024 09:37

Discovery Foundation Awards honour exceptional healthcare professionals in 2024

The Discovery Foundation has reached its R300 million investment milestone, achieving a 72% Black Economic Empowerment (BEE) target directed towards black beneficiaries. To date, the Foundation has funded up to 10% of the sub-specialists training posts in South Africa and currently awards more than 75% of its annual grants to black recipients as part of its transformation-led strategy. Since it

17 October 2024 15:33

Discovery Insure wins at Global Insurance Innovation Awards 2024

Johannesburg, October 17, 2024 – The inaugural Global Insurance Innovation Awards, held at a gala ceremony in Singapore today, recognised Discovery Insure as a global leader in insurance innovation, thanks to its world-class and future-ready product offering.

30 September 2024 14:58

Home or car expenses, and short-term debt, are the top two reasons for Two-Pot withdrawal requests

In line with expectations that debt repayment would be a key reason for requesting Two-Pot withdrawals, one of the two main reasons claimants gave for needing extra cash was to settle short-term debt. The other was to cover home or car expenses. That's according to the Discovery Corporate and Employee Benefits’ pension and provident fund business. T