Latest News & Developments
The company expects normalised profit from operations to rise between 25% and 30%, reflecting continued business resilience and strategic execution
Discovery CEO Adrian Gore reveals three major takeaways from the World Economic Forum in Davos, including South Africa's improving global perception, the impact of US elections, and technology's growing influence on global markets.
The insurance company said it conducted surveillance on the man for a couple of days in October 2019 and it discovered that he was still working as an accountant.
Was Tito Mboweni a good person? Did his deeds benefit the masses? What will the history books say about him many years into the future?
South African insurers are making bold moves into banking, while banks continue to sell insurance.
South Africans have had their say and named the best insurers in the country.
The controversial NHI Act has been decried by numerous organisations and insurance companies but government is determined to keep the national health plan alive.
The Discovery Bank unit, however, improved its operating loss for the year to June by 41% to R454m although it “exceeded expectations” against the background of accelerated acquisition of quality clients.
Discovery’s chief executive Adrian Gore has been a staunch opponent of the NHI Act and has now said it is a problematic piece of legislation.
Speaking at Discovery Day earlier this week, he said South Africa had come a long way in just one year.
The free-to-join Pick n Pay Live Well Club will give customers triple Smart Shopper points on over 1,000 Live Well Club-approved products and 15% off discount vouchers to redeem on the items they buy most often.
Under this new partnership, Vitality members will be rewarded for selecting any of the more than 2 500 HealthyFood products available.
Checkers has announced that it has joined forces with world-renowned chef and healthy eating advocate Jamie Olivier.
For 2024, members of the Discovery Vitality programme are expected to earn 10 billion Ðiscovery Miles that have a redemption value of R1 billion to R1. 4 billion.
More bad news for beleaguered retailer Pick n Pay as Discovery Vitality chooses to dump the company and partner with Checkers.
10 South African insurers have made it to Forbes World’s Best Auto Insurance Companies 2024 list, is your insurer one of them?
Adrian Gore, Discovery CEO sent out a letter to members following the signing of the NHI Act.
The Discovery Group said it delivered robust profit and new business growth in the six months to December 31, 2023.
Discovery’s share price took a tumble on Monday as the market reacted to its voluntary trading statement.
Even more concerning is that suicide-related deaths have increased by 54% compared to pre-Covid levels, with the biggest increases coming from members who are under the age of 40.
Speculation swirled around the purpose of CEO Adrian Gore’s travels abroad.
Take out, flights booked and general spending increased by a large scale according to Discovery Bank during the Rugby 2023 World Cup.
Discovery founder and CEO Adrian Gore's remuneration fell to R27. 91 million in the 2023 financial year from R28. 3m a year before
Discovery’s CEO, Adrian Gore, said for the year ended June 30, 2023, the group had resumed dividend payouts with a final gross cash dividend of 110 cents per ordinary share.
The company said organic cash generation was strong during the year after increased cash generation in its life insurance Discovery Life following high Covid-19 related claims.