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LATEST NEWS FOR Discovery Ltd.  

Discovery is a South African-founded diversified financial services organisation that operates in health insurance, life insurance, long-term savings and investments, short-term and commercial insurance, banking and behaviour-change programmes.... [more info]

RMI Holdings shares leap on unbundling announcement

20 Sep 2021 /  Fifi Peters   1
Shareholders will end up with a direct holding in Discovery and Metropolitan, meaning that they will be left with a direct stake: CEO Herman Bosman.

RMI to unbundle Discovery and Momentum Metropolitan

20 Sep 2021 /  Moneyweb    2
The share price jumps 14% as the market believes it will unlock material shareholder value.

TymeBank eyes breakeven next year, Discovery Bank in 2024

15 Sep 2021 /  Moneyweb    5
Both new banks continue to grow strongly …

Discovery will reward Vitality members for being fully vaccinated

10 Sep 2021 /  Moneyweb   52
Move follows mandate that all employees be vaccinated by January.

Discovery slides almost 8% as market gets spooked by scrapped dividend, possible cap raise

UPDATE
2 Sep 2021 /  Ryk van Niekerk   51
‘Every business has done well. The epicentre has been Discovery Life, where the amount of death claims has been absolutely tragic, beside the financial issues’: CEO Adrian Gore.

Discovery verplig werknemers om die Covid-entstof te kry

2 Sep 2021 /  Ryk van Niekerk  
Adrian Gore – Hoof uitvoerende beampte, Discovery

Discovery to require all employees to be vaccinated from January

UPDATE
2 Sep 2021 /  Moneyweb   81
CEO: process will consider employees' health, religious and other legal rights and seek to balance these with the rights of all employees.

Discovery scraps dividend, flags possible capital raise

UPDATE
2 Sep 2021 /  Emma Rumney, Reuters   13
The company, which ties premium rates to its clients' lifestyles, has not paid a dividend since the Covid-19 pandemic took hold last year.

Discovery sees over ten-fold jump in headline earnings

27 Aug 2021 /  Aditi Sebastian, Reuters  
Expects an increase of 900%-920% in basic headline earnings per share, a key profit measure, to between 450 and 459 cents.

Consumers face rude awakening as Covid impacts medical schemes

26 Aug 2021 /  Jonathan Faurie   28
Could be in for a period of steep rate increases.

Tussen 70% en 80% van Suid-Afrikaners het al Covid-19 gehad

19 Aug 2021 /  Ryk van Niekerk  
Emile Stipp - hoofaktuaris, Discovery Health

Bank Zero is open for business

10 Aug 2021 /  Moneyweb   13
Mutual bank finally launches after lockdown-disrupted rollout.

SA now has around 3m people fully vaccinated – Ramaphosa

2 Aug 2021 /  Cyril Ramaphosa   20
From the desk of the president.

10m Covid-19 vaccine doses ‘will be in the country next week’

30 Jul 2021 /  Suren Naidoo   7
In a massive boost to supply ahead of vaccinations for the 18-34 age group expected to be ‘opened up’ from September.

Cape Town’s vaccine manufacture coup

22 Jul 2021 /  Palesa Mofokeng   6
Ramaphosa hails Biovac deal to produce more than 100m doses of Pfizer-BioNTech vaccine in the Mother City.

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