News archive

21 May 2025 12:08

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

15 May 2025 14:02

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,

15 May 2025 11:38

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

12 May 2025 09:27

Discovery Vitality rallies South Africans to move more and give back this World Move for Health Day

Johannesburg, 12 May 2025 - In a powerful show of community and action, Discovery Vitality marked World Move for Health Day this weekend with a renewed push for its Give2Move initiative, a campaign encouraging people across South Africa to donate new or gently worn running and sports shoes to help others take their first steps towards a more active life. A host of new drop-off locations were also

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

27 March 2025 14:01

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

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

3 March 2025 07:00

World-first: Personal Health Pathways by Discovery Health takes 2.1 million adult medical scheme members on a hyper-personalised health journey powered by predictive AI tech

[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.


Harnessing the power of advanced, evidence-based data science and artificial intelligence (AI)

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