Topics: Finance, Stocks, Private savings

  • Discovery Health Medical Scheme contributions increase between 7.4% and 8.9% for 2027; new Active Core plan delivers the most affordable family cover in the market at R500 per child dependant

    Discovery Health Medical Scheme contributions increase by between 7.4% and 8.9% for 2027, effective 1 January 2027. The Scheme will introduce a new plan, Active Core, on 1 January 2027. Active Core offers core medical scheme cover from R3,750 a month for a family of three, with a child dependant rate of R500 - the most affordable child dependant rate in the market.

  • 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

  • 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

  • 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

  • Share trading now available for Discovery Bank clients through EasyEquities

    Johannesburg, October 6, 2022 – Coinciding appropriately with World Investor Week, Discovery Bank is excited to announce the launch of share trading through the Discovery Bank app, in partnership with EasyEquities. Clients can now open a new EasyEquities account, or link an existing one, seamlessly through the Discovery Bank app, making investing in their favourite local and global brands and othe

  • South Africa’s first global discretionary fund manager launched by Discovery

    Johannesburg, 23 August 2022 — Discovery Group today announced the launch of Cogence, a discretionary fund manager (DFM) seeking to significantly enhance the business of wealth creation in South Africa. Cogence will bring asset allocation views from BlackRock, one of the world’s leading asset managers, together with personalised insights from Vitality to provide investment solutions including mode

  • SAFx Rater confirms Discovery Bank’s new-generation forex account offers a unique experience

    Johannesburg, 17 March 2022 – Discovery Bank today released its inaugural “SAFx Rater”, a comparative analysis of features and benefits of forex accounts offered by major banks and forex providers in South Africa. With the recent strengthening of the rand against major currencies, there has been significant interest in opening foreign exchange accounts to take advantage of this. Discovery Bank has

  • Discovery Invest shares its market outlook for 2022

    Johannesburg, 14 February 2022 - With 2021 characterised as a year of strong market recovery from the shock caused by the global outbreak of COVID-19, the scene for 2022 remains positive, albeit with some uncertainty.
    Kenny Rabson, CEO of Discovery Invest, says that while the worst is likely behind us in terms of the market impact of COVID-19, its longer-term effects are continuing to influen

  • Discovery retirement model can triple investments, says Bank CEO

    Hylton Kallner opened the inaugural Discovery Retirement Summit by revealing how Discovery’s retirement model leverages a unique understanding of the nature of risk in order to predict it, and then intervene. By incentivising responsible financial behaviours, Discovery Invest has generated R13.3 billion in shared value benefits for its clients.

  • Discovery Bank and Vitality announce new offerings to deliver integrated value for clients

    Johannesburg, 30 September 2021 – Discovery Bank today announced new digital and fintech innovations for a comprehensive digital financial services experience at its annual product-update event with financial advisers.
    “With the latest features, our clients have access to a full range of financial capabilities in one place – our digital banking platform. This platform is not only transforming b

  • Discovery Invest announces new investment solution in partnership with Goldman Sachs Asset Management

    Johannesburg, 21 June 2021 – Discovery Invest has partnered with Goldman Sachs Asset Management, to introduce a new investment opportunity giving access to a range of thematic equity portfolios designed to give exposure to global megatrends.
    The Discovery Global Megatrends Fund is available on both Discovery Invest’s local and global platforms. The Fund provides clients with unique exposure to

  • Discovery Invest shares their market outlook for 2021

    Kenny Rabson, CEO of Discovery Invest, says the rollout of vaccines with a proven efficacy, backed by an extraordinary degree of scientific rigour, has given renewed hope for a return to normal and shown that there is light at the end of the tunnel.

  • Discovery Health boosts access to cutting-edge digital healthcare innovation in 2021

    Discovery Health has invested extensively in a digital healthcare ecosystem to enhance the quality and experience of healthcare for members of DHMS. This investment includes the adoption and funding of digital healthcare technology, digital tools for members and doctors, integration with health monitoring devices and sophisticated data analytics.

  • Contribution freeze for Discovery Health Medical Scheme members until July 2021

    “Each year we strive for the lowest possible contribution increase. For the first six months of 2021, DHMS will deliver a contribution freeze for all scheme members across all plans, mindful of and sensitive to the financial pressures facing individuals at this time within the country’s stressed economic climate.

  • Discovery reports resilient full year performance

    Discovery Group Chief Executive, Adrian Gore, presented Discovery’s results for the year ended 30 June 2020 confirming the Group’s financial strength and strategic relevance.

  • 2019 Discovery Life claims insights and COVID-19 trends

    During 2019, Discovery Life paid out R4.8 billion to policyholders, including a total of R1.2 billion through the PayBack benefit. In addition, Cash Conversions to the value of R2.8 billion are expected to mature over the course of the next 5 years. Breakdown per benefit: • R2.28bn in life cover • R1.1bn Severe Illness Benefit • R816m Disability benefit • R375m income Continuation Benefit

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