Discovery Limited

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.

20 March 2024 09:31

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

8 February 2024 11:09

Discovery Invest 2024 market outlook - A year of selective opportunities that require taking control

When looking at the past year’s market performance, clear structural changes have emerged. Today’s new market regime demands a pragmatic shift to find value for investors.

Discovery Bank clients can now open a new EasyEquities account, or link an existing one, seamlessly through the Discovery Bank app

6 October 2022 08:50

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

Discovery Bank forex accounts give clients outstanding benefits, all conveniently packaged in the Discovery Bank app

17 March 2022 13:10

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

14 February 2022 10:39

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 Bank Forex Accounts will be operational 24/7 and clients will not pay foreign currency conversion transfer fees for transactions between their different forex and Rand accounts

7 February 2022 12:05

Discovery Bank introduces the only Real-Time Forex Accounts in South Africa

Johannesburg, 07 February 2022 — Discovery Bank, this week, launched its comprehensive, real-time forex capability on the Discovery Bank app that gives access to immediate foreign currency transactions.
Hylton Kallner, CEO of Discovery Bank, says, “Our full forex capability is a key requirement in an increasingly global environment. We have placed a great focus on ensuring that we remove the c

The Discovery European Credit Opportunities Fund, managed by Ninety One, is an international structured fund that offers access to a blend of primarily private credit, as well as public credit investments, in European and other global markets

19 October 2021 09:25

Discovery Invest Launches Market-First European Credit Opportunities Fund

Johannesburg, 19 October 2021- In line with its aim to bring new investment opportunities to South African clients, Discovery Invest today announced the launch of a market first credit fund targeting annual returns in Euros of 7% per annum, net of fees and taxes.
The Discovery European Credit Opportunities Fund, managed by Ninety One, is an international structured fund that offers access to a

23 February 2018 11:47

Regulation 28 offshore limits to increase

A key announcement by Finance Minister, Malusi Gigaba this week included the increase in offshore allocations by institutional investors of 5%, meaning that institutional investors can now invest up to 30% offshore. However, institutional investors typically include retirement funds...

Colin Coleman, Nazmeera Moola and Etienne le Roux discuss the state of the South African economy at the 2017 Discovery Financial Planning Summit.

30 May 2017 13:56

Global investment strategies and the state of the South African market

Colin Coleman, Managing Director of Goldman Sachs South Africa, Nazmeera Moola, Economist and Strategist at Investec Asset Management and Etienne le Roux, Chief Economist at Rand Merchant Bank reflect on the state of the South African Market at the 2017 Discovery Financial Planning Summit.

Isabelle Mateos y Lago, Managing Director and Chief Multi-Asset Strategist at BlackRock, addresses the Discovery Financial Planning Summit in Johannesburg on 29 May 2017.

29 May 2017 16:43

Cut through the noise to find emerging investment trends

A prolonged environment of uncertainty and political risk, both in South Africa and globally, means that investors should start cutting through the noise to find emerging investment trends, Isabelle Mateos y Lago, Managing Director and Chief Multi-Asset Strategist at BlackRock, told the Discovery Financial Planning Summit in Sandton.

Topics: Market, Stock market