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Home / Posts tagged “#DiscoveryBank”

#DiscoveryBank

Videos

Video interview: New mutual insurer enters the market

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Key regulatory and compliance developments: looking back at 2024 and what’s ahead in 2025

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Issues around Budget 3.0 with tax specialist Louis Botha

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South Africans swipe more, save less as financial strain deepens

The SpendTrend25 report reveals how high interest rates and stagnant incomes are pushing consumers towards credit, loyalty rewards, and early retirement withdrawals.

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Where the money goes: how South Africans are spending – and why cash is dying out

A new report shows that while most spending still goes to food, fuel and travel, the real shift is in how South Africans are paying – with digital tools rapidly replacing cash across all age and income groups.

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Holiday season spending soars: cash remains king amid festive shopping frenzy

BankservAfrica data shows cash demand remained high in December, with online shopping also seeing record growth.

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How consumers feel about the country’s big retail banks

One digital bank emerges head and shoulders above the rest in the 2024 South African Banking Sentiment Index.

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Discovery delivers strong profit growth, boosts dividend by 38%

The financial services group reports a 17% rise in normalised operating profit to R11.6bn, with strong performance from its South African businesses.

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Discovery, Metropolitan, and Assupol shine at Orange Index Awards

The leading independent benchmark for customer experience is a localised strategic measure that directs and supports leadership decisions on customer relevance.

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Discovery Bank hits milestone of 1 million clients

Within five years of operation, Discovery Bank has differentiated itself in a competitive market by leveraging its shared-value model and innovative financial products.

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OBS reports record high complaints in 2023 as it transitions to NFO

The Ombudsman for Banking Services was kept busy with complaints about current accounts, loans, savings accounts, credit cards, and home loans.

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Discovery Bank launches ‘shared-value’ home loan product

The bank claims its dynamic interest rate offering will allow clients to save up to R2.8 billion in interest repayments a year.

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Black Friday: retailer payday or sales fizzle?

Shopping statistics reveal top trends in consumer purchases over the Black Friday weekend.

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Investment Rates

 

Updated 26 May 2025

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Money Market funds

Updated 26 May 2025

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Two-pot costs: members may foot the bill for years
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