Discovery Bank resolves administrative sanctions issued by the Prudential Authority
Discovery Bank confirms the conclusion of administrative non-compliance matter.
Topics: Economy, Finance
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South African innovation at the heart of global health transformation
Vitality and Google are partnering to bring AI-powered health solutions to millions. Vitality AI, announced through the new global partnership, will integrate Google Cloud's advanced AI and data analytics, with Vitality’s vast health datasets and behaviour-change expertise. This new platform has the potential to transform the health and life insurance sectors globally.
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Discovery Foundation Awards: Supporting academic excellence, leadership, and innovation in SA healthcare
Johannesburg, 03 November 2025 – The Discovery Foundation, an independent trust as part of Discovery’s BEE transaction to invest in healthcare training, announced the recipients of its 2025 Awards at a ceremony in Sandton. These annual grants support public sector doctors, specialists, researchers and institutions to enable continued progress, quality and accessibility of healthcare in South Afric
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Discovery Bank tops ASK AFRICA Banking Brand Index© again, leading in trust and satisfaction
Johannesburg, 30 October 2025 – Research company, ASK AFRICA, today, announced the results of their second ASK AFRICA Banking Brand Index©, which includes views from clients across 10 major South African banks. This analysis placed Discovery Bank in the top position among industry peers for the second year in a row, with Discovery Bank standing out as the banking brand with the highest brand conne
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46% increase in mental health condition prevalence since 2012, among Discovery Health Medical Scheme members
Johannesburg, 28 October 2025 – New research reveals a sharp rise in mental-health condition prevalence among Discovery Health Medical Scheme’s (DHMS) members over the past 13 years. In 2024, one in seven DHMS members (15% of the overall Scheme population) registered or claimed for a mental health condition – up from one in ten (10%) in 2012 - equivalent to a 46% increase in prevalence over time.
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Discovery Bank enhances customer contact with secure, in-app calling to build on service excellence and combat fraud
JOHANNESBURG, 8 October 2025 – Discovery Bank today announced the launch of its innovative in-app calling feature, a significant step in its vision to deliver an even safer, faster, and more intelligent banking experience. Integrated directly into the Discovery Bank app, in-app calling allows clients to connect with a banker instantly, bypassing traditional identification, IVR menus (Interactive V
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Sleep gets its rightful place in the health equation; Discovery Vitality launches exclusive ŌURA Ring partnership
Discovery partners with ŌURA to make the ŌURA Ring 4 available to clients; and announces the launch of a proprietary Vitality Sleep Score and world-first Vitality Sleep Rewards in 2026 to guide and reward people towards better sleep habits.
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Prioritising sleep can reverse health risks and extend life, according to Discovery’s analysis of 47 million sleep records
Discovery releases landmark research showing how poor sleep quality and quantity undermine physical and mental health, and safety on the roads - while also showing that better sleep can reverse these risks.
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Discovery Green and Glencore sign a landmark 20-year renewable energy deal to power South African coal operations
Johannesburg, 06 October 2025 – To support South Africa’s transition to clean energy, Discovery Green, the renewable energy business of Discovery Limited, and Glencore Operations South Africa (Pty) Ltd, part of a global diversified natural resources company, have signed a 20-year renewable energy supply agreement. The deal will replace the majority of the electricity consumption at four of Glencor
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Discovery Health Medical Scheme defers 2026 contribution increases to April and unveils new plans for young families, plus richer day-to-day benefits
Discovery Health Medical Scheme has announced a 7.2% weighted average contribution increase for 2026. Notably, 65% of members will experience only a 6.9% increase, while contributions for members on Active Smart plans will remain unchanged (0% increase). In an effort to support affordability, the Scheme will defer all contribution increases to 1 April 2026, leveraging its strong solvency position.
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Discovery Green signs 20-year power purchase agreement with Red Rocket for one of South Africa’s largest solar farms
Johannesburg, 30 September 2025 – Discovery Green, the renewable energy business of Discovery Limited, has signed a 20-year power purchase agreement (PPA) with independent power producer Red Rocket for Tournee Solar Park, a 300 MW solar farm to be built in Standerton, Mpumalanga. Financed through a club deal arranged with Absa Bank, Standard Bank and the Development Bank of Southern Africa, Tourne
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Discovery Vitality and Nando’s bring the heat with the first-ever Vitality Chicken Run
Johannesburg, South Africa, 25 September 2025 –Discovery Vitality, in partnership with Nando’s, is proud to announce the launch of the Vitality Chicken Run, set to take place on Saturday, 8 November 2025 in the heart of Johannesburg.
Designed for everyone from seasoned marathoners to first-time fun runners, the Vitality Chicken Run celebrates the everyday athlete in all of us.
The Jozi CBD -
Best in banking service: A fourth consecutive win for Discovery Bank in ASK AFRICA Orange Index® awards
Johannesburg, 25 September 2025 – On Tuesday, the ASK AFRICA Orange Index®, a leading, independent benchmark study in the field of customer experience, released its survey results, assessing Discovery Bank the best bank in customer service for the fourth year in a row.
Discovery Bank also ranked second this year in the very competitive private banking segment, with Discovery Bank private banki -
Discovery Health and Parent Sense partner to provide expectant and new parents with app-based, personalised, expert-led support – at no extra cost
Access to the Premium edition of the Parent Sense app provides for medically vetted, expert-led, always-on support delivered to Discovery Health Medical Scheme members navigating pregnancy and parenthood.
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Discovery Group delivers strong annual performance as it enters a distinct new growth phase with two well defined operational composites
Johannesburg, 11 September 2025 – Discovery today presented its annual financial results for the year ended 30 June 2025 to the investor community.
Salient features:
· Normalised operating profit of R15 210 million, up 29%.
· Significant growth in cash conversion, now at 77%.
Headline earnings and normalised headline earnings both increased by 30%, to R9 625 million an -
Discovery Vitality launches the Vitality Padel Series – an invitation for new and aspiring players
Johannesburg, 09 September 2025 – Discovery Vitality is proud to announce the launch of the Vitality Padel Series, a country-wide tournament designed to celebrate the explosive growth of padel in South Africa and inspire more people to get active through the sport. For anyone who has thought of giving the sport a try, with prize money for entry-level players, this is the moment!
Padel, a dynami -
Discovery Invest launches unique retirement solution for increased longevity
Johannesburg, 25 August 2025 – People are living longer than ever thanks to advances in healthcare technology, better disease prevention and generally healthier lifestyles. Research by the World Economic Forum shows that on average, retirees outlive their savings by over 10 years and for women, this gap stretches to 13 years.
Despite this, most retirement strategies are still based on traditio -
SAA and Discovery unveil a reimagined ‘The Lounge’ experience in Cape Town
Cape Town, 21 August 2025 - South African Airways (SAA) and Discovery are delighted to announce the official unveiling of their newly refurbished domestic departures lounge at Cape Town International Airport, which will open on Friday, 22 August. This milestone marks the third transformation in the rollout of the elevated The Lounge concept, following the successful redesign on the international d
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Joburg, let’s run! Wanderers Road Race returns with Discovery Vitality
Johannesburg, 18 August 2025 – The iconic Wanderers Road Race is back on Sunday, 24 August, hosted at the legendary Wanderers Sports Club in Illovo. As the final event in the Gauteng leg of the Discovery Vitality Run Series, it promises a high-energy celebration of movement, community, and personal achievement.
Whether you're a first-time runner or chasing a new personal best, this Joburg favo -
Why investors should stay the course in growth assets, says Discovery Invest CEO Kenny Rabson
Johannesburg, 14 August 2025 – Despite heightened volatility in global markets and ongoing uncertainty surrounding the Government of National Unity (GNU), investors have compelling reasons to remain optimistic and continue investing in growth assets.
South African investors have enjoyed a bumper year so far: the stock market has soared, the rand is stronger, and inflation remains low. Yet 2025
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