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Topics: Economy, Finance

Discovery Bank clients can lock in a market-related rate upfront, and dynamically reduce interest repayments by managing their money well to save over the long term.

Discovery Bank launches home loans with dynamic interest rate saving of up to 1% – giving South Africans the potential to save R12 billion a year in interest

Johannesburg, 27 May 2024 – Discovery Bank has launched its new Home Loan product. The Bank will offer clients competitive, personalised rates based on their individual risk profiles, and use its established Shared-value Banking model to enable clients to further reduce their interest rate by up to 1%. This will be done by managing their money well with Vitality Money and protecting their home loa

Discovery Invest shakes up the market with R20bn investor windfall, launch of longevity solution, 100% return in USD dollars and Bitcoin fund

Discovery Invest shakes up the market with R20bn investor windfall, launch of longevity solution, 100% return in USD dollars and Bitcoin fund

Discovery Invest has returned over R20 billion to its investors in shared-value rewards. The Discovery Group-owned asset manager has paid out R6.8 billion of those benefits to clients. Another R13.2 billion has accrued to clients who haven’t reached retirement or the end of their long-term investments, which will be paid out in the coming years.

Madison Life Insurance Zambia Limited (MLife), in partnership with Vitality Health International, excites Zambia with the launch of new health insurance offerings, and innovative benefits

Madison Life Insurance Zambia Limited (MLife), in partnership with Vitality Health International, excites Zambia with the launch of new health insurance offerings, and innovative benefits

The MLife and Vitality Health International partnership highlights joint commitment to enhancing the quality of lives in Zambia.
Lusaka, Zambia 10 April 2024: MLife, a highly trusted brand that pioneered the introduction of Health Insurance in Zambia, and Vitality Health International, an innovative healthcare insurer, today announced their partnership and launch of their ground-breaking insura

Discovery Group delivered a robust performance for the period ended 31 December 2023, demonstrating resilience and strong underlying growth dynamics in a complex operating environment.

Discovery eyes future growth with positive half-year results and monthly operational break-even for Discovery Bank

Johannesburg, 20 March 2024 – Discovery today presented a strong set of half-year results to the investor community, with an update on Discovery Bank reaching its monthly operational break-even ahead of the Group’s target date. Group Chief Executive, Adrian Gore, commented, “In an environment characterised by continued macroeconomic complexities, Discovery delivered a strong operating performance

Cogence 2024 Market Outlook: The Great Unknown emerging as new mega forces shape the world of investing

Cogence 2024 Market Outlook: The Great Unknown emerging as new mega forces shape the world of investing

The unexpected resilience of developed markets in 2023 has placed global investors on a strong footing going into 2024. That said, Discretionary Fund Manager Cogence, and its partners BlackRock and RisCura, believe the world is entering a new period – The Great Unknown – as fracturing deepens and a record number of countries go to the polls.
Download the full Cogence 2024 Market Outlook below.

Pothole Patrol Training Academy building.

The Discovery Pothole Patrol formalises its Academy to create jobs and drive sustainable change

Johannesburg, 28 February 2024: Discovery is proud to announce the official launch of the Discovery Pothole Patrol Academy in partnership with Avis Southern Africa.
Following a successful pilot in 2023 with 18 learners, the Academy is now accredited by the Insurance Sector Education and Training Authority (INSETA) to offer a 12-month practical skills training programme providing an NQF Level 3

Leading health insurer’s ambition to help create a healthier Africa continues to gain momentum

Leading health insurer’s ambition to help create a healthier Africa continues to gain momentum

Leading health insurer’s ambition to help create a healthier Africa continues to gain momentum
Vitality Health International, the innovative health insurer that provides leading healthcare solutions to employers in Africa, has announced additional benefits, improved access to accredited healthcare provider networks, and a new health insurance plan to further broaden access of comprehensive heal

Discovery Employee Benefits sees increasing uncertainty in insurance claims

Discovery Employee Benefits sees increasing uncertainty in insurance claims

As the world starts putting COVID-19’s high mortality claims behind it, the insurance industry is battling a wave of uncertainty. While Discovery Employee Benefits paid a total of R1.94 billion in death and disability claims through its Group Risk benefits between 1 July 2022 and 30 June 2023, the group affirms that it’s been very complicated to predict death and disability claims in the period.

100% safe driving record achieved by 2023 drivers of scholar transport programme

100% safe driving record achieved by 2023 drivers of scholar transport programme

661 drivers in 2023 safely transported 13 000 children to and from school, upholding the programme’s excellent track-record of zero crashes since inception A total of R250 000 awarded to the best drivers this year
Cape Town, 30 November 2023 - The Discovery Safe Journey to School (DSJTS) programme recognised the outstanding scholar drivers of 2023 at the annual Excellent Driving Performers Aw

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Our core purpose and values guide us in all we do. A clear and profound promise: to make people healthier and enhance and protect their lives.

Discovery is a shared value insurance company whose purpose and ambition are achieved through a pioneering business model that incentivises people to be healthier, and enhances and protects their lives.

Discovery Limited
Discovery Group Limited, 1 Discovery Place, Sandton
2196 Johannesburg
South Africa