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Topics: Economy, Finance

  • Discovery Pothole Patrol celebrates four years of making Joburg’s roads safer for all

    Discovery Pothole Patrol celebrates four years of making Joburg’s roads safer for all

    Johannesburg, June 04, 2025 – Discovery Pothole Patrol celebrates an important milestone – four years of partnership with the Johannesburg Roads Agency (JRA) and the City of Johannesburg (CoJ) to facilitate the repair of potholes in the Johannesburg metro.
    “In 2021, Discovery Insure launched Discovery Pothole Patrol to support the JRA and CoJ in their vital work of repairing potholes and making

  • Get Moving, SA! Schools Join the Race to Donate 100,000 Pairs of Sports Shoes

    Get Moving, SA! Schools Join the Race to Donate 100,000 Pairs of Sports Shoes

    Johannesburg, 3 June 2025 – In anticipation of Global Running Day on June 4th, Discovery Vitality announces an extension to its Give2Move initiative – which aims to collect 100,000 pairs of new or gently worn running shoes for disadvantaged communities. South African primary and secondary schools across the country are now invited to donate gently worn running shoes, soccer boots or any other spor

  • Discovery Green concludes its first renewable energy project agreement with Red Rocket

    Discovery Green concludes its first renewable energy project agreement with Red Rocket

    Johannesburg, 30 May 2025 – Discovery Green, a Discovery Limited business, has signed its first Power Purchase Agreement as an 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 Discove

  • Hylton Kallner had the privilege of sharing the technology, data and impact of Discovery Bank and the Vitality Money program with Her Majesty Queen Máxima of the Netherlands the UN Secretary-General’s Special Advocate for Finacial Health

    UN Special Advocate Queen Máxima meets Discovery Bank on financial health, youth literacy programme, and research lab plans

    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

  • Discovery Green-commissioned White Paper Reveals Vast Economic Potential Of Wheeled Renewable Energy Access

    Discovery Green-commissioned White Paper Reveals Vast Economic Potential Of Wheeled Renewable Energy Access

    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,

  • Discovery Green and Sasol launch Ampli Energy to unlock renewable energy access for all South African businesses

    Discovery Green and Sasol launch Ampli Energy to unlock renewable energy access for all South African businesses

    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

  • SpendTrend25 tracks how consumer spending habits have evolved between 2019 and 2024 among Discovery Bank clients and the broader South African population.

    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

  • Discovery Life pays 11.5 billion to clients in 2024

    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,

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

    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

  • Discovery Bank is enhancing its offering in five key areas: financial wellness, account management and control, security, intelligence and personalisation, and shared-value

    Discovery Bank making banking more intelligent, personalised, and secure

    Johannesburg – 27 March 2025 – Discovery Bank announced the latest advancements in its banking features and services, unveiled today at a client and financial adviser launch.
    Salient additions to Discovery Bank:
    Vitality Money, the bank’s behavioural change programme, now incorporates rewards for financial planning to align clients’ short-term goals and long-term aspirations, including es

  • Discovery today presented its interim financial results for the six-months ended 31 December 2024 to the investor community.

    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

  • Cogence 2025 Market Outlook – The world is changing

    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

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

    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

  • Discovery Invest 2025 Market Outlook: Business unusual

    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

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

    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

  • The Vitality Run Series has provided a platform for runners and walkers of all levels to participate in well-organised races across the country

    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.

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

    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

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

    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

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

    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

  •  Visitors to The Lounge will be able to view Nelson Makamo’s art piece, ‘Vision of limitless future’, which graced the cover of Time magazine in 2019

    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

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