Sector: Financials
The company is available at Interactive Brokers
Discovery Limited (JSE:DSY) is a shared value insurance company whose purpose and ambition are achieved through a pioneering business model that incentivises people to be healthier, and enhances and protects their lives.
The company's shared value insurance model delivers better health and value for clients, superior actuarial dynamics for the insurer, and a healthier society. The company's unique approach has underpinned its success globally, with substantial new business growth and an impressive increase in normalised operating profit and headline earnings.
Semi-Annual values ($m)
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South Africa’s e-commerce landscape has arrived at an important juncture, writes GfK’s Zak Haeri.
2024-04-24 12:38 +02:00
TechCentral has put together a list of all plug-in hybrids available in South Africa, including one that costs R12.8-million.
2024-04-11 14:13 +02:00
Astronomers have identified two ancient streams of stars that appear to be among the Milky Way’s earliest building blocks.
2024-03-24 09:42 +02:00
Dark web monitoring tools show credentials have been sold following a data breach at the CIPC.
2024-03-06 15:58 +02:00
Discovery’s Theo Groenewald draws on 25 years of experience in developing and enhancing technology systems.
2024-02-13 15:14 +02:00
Music from Africa is gaining a global audience with help from social media platforms such as TikTok.
2024-02-04 09:59 +02:00
New customer sentiment data about the South African banking sector has yielded intriguing insights.
2023-11-30 12:36 +02:00
Elon Musk told advertisers that have fled X over antisemitic content to “go f… yourself” in a fiery interview.
2023-11-30 07:34 +02:00
Working at the Atlas experiment at Cern, South African researchers have pioneered a new way of searching for dark matter.
2023-11-28 09:54 +02:00
Ahead of CEO Sam Altman’s firing, several staff researchers warned of a powerful AI discovery, sources said.
2023-11-23 06:39 +02:00
Health start-up Kena Health has taken top honours at the 2023 MTN Business App of the Year awards.
2023-11-10 13:22 +02:00
Karren Sanderson joined Discovery Health in 1997, fresh from university (Unisa: BCom). Today she’s Discovery’s COO.
2023-11-01 11:04 +02:00
Capitec’s online banking app was down for several hours on Tuesday due to what the bank called a “technical issue”.
2023-09-26 14:14 +02:00
Discovery plans to link South African companies with independent power producers selling renewable energy.
2023-09-06 12:46 +02:00
Overwhelmed by the choices of movies and TV shows to watch online? There’s a reason why.
2023-08-29 07:38 +02:00
Capitec and Discovery Bank have become the latest to offer access to PayShap, BankservAfrica’s rapid payments platform.
2023-08-15 08:30 +02:00
Sigfox South Africa is now on a sustainable growth trajectory, its chief commercial officer has told the TechCentral Show.
2023-08-11 07:00 +02:00
PayShap, South Africa’s real-time digital payments service, has shown robust uptake since its launch in March.
2023-08-02 11:29 +02:00
The Competition Commission has ordered Apple and Google to give prominence to local apps in their app stores.
2023-07-31 16:19 +02:00
MTN Group’s Kenneth Matau on why he admires Discovery’s Adrian Gore, and why he is a firm believer in rising early.
2023-07-21 10:10 +02:00
Government incompetence has left critical infrastructure in tatters, forcing companies to step into the breach.
2023-07-21 09:21 +02:00JSE:GLN JSE:AGL JSE:SBK JSE:NED JSE:DSY JSE:INP JSE:INL JSE:TBS JSE:PIK JSE:AVI JSE:MPT JSE:ARH JSE:ISA
Scientists have unveiled evidence that gravitational waves are permeating the universe at low frequencies.
2023-06-29 08:08 +02:00
Discovery Bank has become the latest financial services institution to help its clients minimise the impact of load shedding.
2023-06-07 09:00 +02:00
An AI hiring frenzy is ricocheting around the world, from Silicon Valley to Europe, Asia, Africa and beyond.
2023-05-04 17:52 +02:00
Machine learning is helping astronomers work through vasts quantities of data quickly and more accurately than poring over it manually.
2023-04-10 13:29 +02:00
There’s been a flurry of excitement this week over the discovery that ChatGPT-4 can tell lies.
2023-03-20 08:47 +02:00
Assupol Holdings CIO Nomthi Nelwamondo has more than two decades’ experience in the technology space. We asked her a few questions.
2022-11-14 06:00 +02:00
Meta Platforms will let go of 13% of its workforce, or more than 11 000 employees, in one of the biggest tech layoffs this year
2022-11-09 17:00 +02:00
Production of iPhones could slump by as much as 30% at one of the world’s biggest factories due to tightening Covid-19 curbs.
2022-10-31 08:32 +02:00
Netflix reversed customer losses that had hammered its shares this year and projected more growth ahead, reassuring Wall Street in the process.
2022-10-19 09:25 +02:00
Why is Elon Musk suddenly thinking about creating an “everything app”, and what does that even mean?
2022-10-06 08:14 +02:00
TechCentral posed a few questions to Alex Simeonides, co-founder and CEO of Capital Legacy, about the role of IT in business and why he admires Nike founder Phil Knight.
2022-10-05 09:56 +02:00
Some Twitter employees were engaged in a company-wide planning process for next year on Tuesday when their phones began buzzing…
2022-10-05 08:03 +02:00
HBO took home the top Emmy Award for the sixth time in eight years on Monday night, dominating TV’s biggest night.
2022-09-13 09:27 +02:00
The former Disney CEO said traditional TV “is marching to a distinct precipice, and it’s going to be pushed off”.
2022-09-08 08:24 +02:00
Discovery Bank reported a nearly R1-billion loss in the year ended June 2022, though parent Discovery Group said the bank remains on track to achieve its targets.
2022-09-07 09:45 +02:00
South African banks see physical money remaining key to their business as almost a third of their customers aren’t ready to go cashless, according to a survey.
2022-08-29 19:54 +02:00
Major companies, including Discovery and Fidelity ADT, have banded together to save the Sigfox internet of things network in South Africa.
2022-07-28 11:19 +02:00
Makro has launched its first “native” app, allowing consumers to shop using an app rather than the company’s website.
2022-07-20 09:52 +02:00
Nasa officials gathered on Tuesday to unveil more of their initial showcase from the James Webb Space Telescope, the largest and most powerful orbital observatory ever launched.
2022-07-12 16:29 +02:00
The debut photo from Nasa’s James Webb Space Telescope is an image of a galaxy cluster revealing the most detailed glimpse of the early universe ever seen.
2022-07-12 08:10 +02:00
Drawing back the curtain to a photo gallery unlike any other, Nasa will this week present the first full-colour images from the James Webb Space Telescope.
2022-07-11 08:30 +02:00
Investment app developer Franc has raised R8-million in “seed extension” funding led by 4DX Ventures and is using the money launch a B2B offering.
2022-06-09 13:30 +02:00
The South African start-up Quro Medical is pioneering hospital-level monitoring of patients, but in their own homes, using advanced technologies it has developed in-house.
2022-05-11 09:17 +02:00
The collapse of Netflix shares on Wednesday is the latest drastic sign that investors are abandoning streaming services and other pandemic winners.
2022-04-21 07:52 +02:00
Losing customers for the first time in a decade, Netflix is throwing out all of its old rules.
2022-04-20 08:08 +02:00
A nine-week high in the positivity rates and increasing incidence of virus fragments in wastewater point to a resurgence of Covid-19.
2022-04-19 13:22 +02:00
One of South Africa’s largest credit bureaus, TransUnion, has been hacked. The attackers are seeking an extortion, the company said.
2022-03-18 16:00 +02:00
Discovery has announced plans to establish a new, health-focused insurance technology business called Amplify Health in partnership with AIA Group.
2022-02-15 13:13 +02:00
A new book offers an historical overview of scientific ideas, practices and institutions in South Africa over more than three centuries.
2022-02-14 10:01 +02:00
A sub-variant of the Omicron coronavirus strain, known as BA.2, is spreading rapidly in South Africa and may cause a second surge of infections in the current wave.
2022-02-02 09:05 +02:00
The South African Radio Astronomy Observatory has released a stunning new image taken by the MeerKAT telescope showing the complex centre the Milky Way.
2022-01-26 16:55 +02:00
Exclusive | Several former executives at Dimension Data are caught up in a fraud scandal following a forensic probe into the December 2019 sale of The Campus.
2022-01-20 15:31 +02:00
South Africa has eased restrictions meant to stop the spread of coronavirus even as the percentage of people testing positive for the disease exceeded 20% for the 19th straight day.
2021-12-31 06:30 +02:00
South Africa’s recovery from its deepest economic contraction in almost three decades risks stalling due to the fallout from a fourth wave of coronavirus infections.
2021-12-25 06:30 +02:00
South Africa’s inflation rate jumped to the highest level in almost five years in November.
2021-12-15 11:04 +02:00
The level of immunity among South Africa’s population due to earlier infections may be masking the severity of illness caused by the Omicron variant, scientists said.
2021-12-14 12:44 +02:00
South Africa is readying a mandatory vaccine policy and is set to implement it early next year, a senior labour union official said.
2021-12-03 09:00 +02:00
National inoculation rates were languishing before the sequencing of the new coronavirus variant.
2021-12-01 09:33 +02:00
Public net sentiment towards Absa has jumped in the past year, an analysis of hundreds of thousands of social media conversations shows.
2021-11-30 16:30 +02:00
Shabir Madhi has been a key player in shaping the country’s response. Here he provides an assessment of plans to vaccinate adolescents, and next steps.
2021-11-08 08:39 +02:00
A report that Facebook plans to change its corporate name has prompted a flurry of online speculation as industry followers rushed to register their guesses.
2021-10-20 11:46 +02:00
Rich nations shouldn’t force South Africa to ban new coal-power projects, energy minister Gwede Mantashe said.
2021-10-14 10:42 +02:00
Naspers is considering making Covid-19 vaccines mandatory for South African staff after Discovery took the step earlier this month.
2021-09-28 16:39 +02:00
TymeBank is likely to break even in 2022. Discovery Bank, by contrast, is targeting breakeven in approximately three years’ time.
2021-09-15 09:18 +02:00
A cybersurveillance company in Israel developed a tool to break into Apple iPhones with a never-before-seen technique that has been in use since at least February.
2021-09-14 08:15 +02:00
Mortality payouts almost doubled to a record for South Africa’s fourth largest insurer by market value as the coronavirus ripped through the country.
2021-09-08 07:15 +02:00
Discovery will make Covid-19 vaccinations mandatory for all staff from the start of next year, following major global companies from banks to airlines in insisting on inoculation.
2021-09-02 12:32 +02:00
South Africa’s newest bank, Bank Zero, is now accepting new customers following a closed roll-out phase. Applications will be “throttled” to ensure that the bank’s seamless onboarding experience is not overwhelmed.
2021-08-10 12:30 +02:00
First National Bank has finally launched supported for Apple Pay in South Africa, the financial services institution said on Tuesday.
2021-08-03 10:07 +02:00
South Africa’s Covid-19 vaccination programme has been partially halted as violent protests following the imprisonment of former President Jacob Zuma rage in two key provinces.
2021-07-13 13:09 +02:00
The South African Radio Astronomy Observatory has announced that a group of 20 galaxies have been discovered with the MeerKAT telescope.
2021-07-08 05:43 +02:00
MultiChoice Group, continuing its strategy of cooperating with competitors, on Friday said it has added YouTube to its high-end DStv Explora Ultra personal video recorder decoder.
2021-04-30 11:01 +02:00
Crypto exchange iCE3 said it had been “advised to initiate liquidation proceedings” after suspending all trading on the exchange in March following the discovery of account discrepancies.
2021-04-08 11:33 +02:00
Apple Pay has finally been launched in South Africa. Customers from Nedbank, Absa and Discovery Bank were on Tuesday morning able to load their bank cards into their Apple wallets.
2021-03-30 10:22 +02:00
Ransom-seeking hackers have begun taking advantage of a recently disclosed flaw in Microsoft’s e-mail server software, a researcher said – a serious escalation that could portend widespread digital disruption.
2021-03-12 06:32 +02:00
Two giant radio galaxies have been discovered with South Africa’s powerful MeerKAT telescope, located in the Karoo.
2021-01-19 07:19 +02:00
Barry Hore, the technologist who has led Discovery Bank since its inception, is stepping down. Long-serving Discovery executive Hylton Kallner will replace him on 1 January.
2020-12-10 07:48 +02:00
Communications regulator Icasa will this week publish the long-awaited invitation to apply (ITA) for so-called high-demand spectrum in the Government Gazette. Here’s what to expect.
2020-09-30 13:45 +02:00
MultiChoice Group is ditching the channel numbers on its vast SuperSport line-up and introducing football on what is currently known as SuperSport 1 but which will soon be renamed as SuperSport Grandstand.
2020-08-03 11:20 +02:00
Another South African is making headlines in the US. Pierre Naudé is the CEO of the global fintech company nCino, which listed on the Nasdaq stock exchange on Tuesday.
2020-07-17 18:02 +02:00
A small LED torch that emits deep red light and costs just R260 to make could help improve declining eyesight, scientists have said.
2020-06-29 06:40 +02:00
Vodacom and Discovery have struck a partnership to offer free virtual doctor consultations to South Africans concerned that they may have contracted Covid-19.
2020-04-01 13:12 +02:00
The National Security Agency alerted Microsoft that it had found a vulnerability in Windows operating systems that could enable cyber intrusions, according to two people familiar with the matter.
2020-01-14 12:16 +02:00
A few months ago, a group of Nasa exoplanet astronomers, who are in the business of discovering planets around other stars, called me into a secret meeting to tell me about a planet that had captured their interest.
2020-01-08 09:03 +02:00A court case over whether to allow Shell to explore for oil and gas off South Africa`s pristine Wild Coast has been delayed until next year, a lawyer for environmentalists said on Wednesday.
2023-10-18
South African insurer Discovery Ltd on Thursday declared its first dividend since the COVID-19 pandemic took hold in 2020, citing a strong balance sheet and cash generation, but said macroeconomic uncertainty would persist.
2023-09-21South African insurer Discovery Ltd on Wednesday launched a renewable power trading platform in a bid to tap into a rapidly developing market as businesses seek solar and wind energy to sustain operations amid a power crisis.
2023-09-06South African lawmakers agreed a new health insurance bill on Tuesday, paving the way for universal healthcare to millions of poorer citizens in a major overhaul of a two-tier system.
2023-06-13Negotiators for Hollywood writers and film and television studios engaged in 11th-hour contract talks on Monday to try and avert a strike that would disrupt TV production across an industry grappling with seismic changes. The Writers Guild of America could call a work stoppage as early as Tuesday if it cannot reach a deal with companies such as Walt Disney Co and Netflix Inc. A strike would be the first by the WGA in 15 years. Writers say they have suffered fina
2023-05-01Expanding upon the historic first images of black holes, scientists on Wednesday unveiled the first picture showing the violent events unfolding around one of these ravenous cosmic behemoths, including the launching point of a colossal jet of high-energy particles shooting outward into space.
2023-04-26Cable television network CNN has fired longtime host Don Lemon, the news anchor said in a post on Twitter on Monday, adding he was "stunned" by the step and that he was not directly informed of the termination by the network.
2023-04-24Hollywood television and movie writers wrap up a critical vote this week as they push media companies to raise their pay or face a strike that would disrupt an industry recovering from the pandemic and under pressure to make streaming more profitable.
2023-04-16A U.S. judge on Thursday said Donald Trump`s defamation trial over whether he raped a writer in the mid-1990s will begin as scheduled on April 25, rejecting the former president`s bid for a delay but letting him learn more about how his accuser is paying her legal bills.
2023-04-14A judge said Fox News had a "credibility problem" as it prepares for a $1.6 billion defamation trial after the company disclosed for the first time in nearly two years of litigation that Rupert Murdoch was an officer of the company.
2023-04-12LONDON (Reuters) -Police in Northern Ireland said on Tuesday they had recovered four suspected pipe bombs from a cemetery near the city of Londonderry following a public safety operation.
2023-04-11PARIS (Reuters) -French rescue workers have found a sixth body in the rubble of buildings in the southern city of Marseille that collapsed following an explosion, a spokesperson for the police said on Monday.
2023-04-10PARIS (Reuters) -French rescue workers have found a fifth body in the rubble of buildings in the southern city of Marseille that collapsed following an explosion, the city`s mayor said on Monday.
2023-04-10PARIS (Reuters) -French rescue workers have found four bodies in the rubble of buildings in the southern city of Marseille that collapsed following an explosion, police said on Monday.
2023-04-10Delegates of South Africa`s ruling African National Congress (ANC) gathered on Sunday to choose a new party leader, pitting President Cyril Ramaphosa against former health minister Zweli Mkhize.
2022-12-18JOHANNESBURG (Reuters) -South Africa`s ruling African National Congress nominated just two candidates to run for its top job on Saturday, leaving President Cyril Ramaphosa facing the health minister he suspended over corruption allegations in a party vote.
2022-12-18JOHANNESBURG (Reuters) -South Africa`s ruling African National Congress was nominating candidates for its leader on Saturday, inching closer to deciding whether President Cyril Ramaphosa or a rival will have its blessing to run for the country`s top job in 2024 elections.
2022-12-18JOHANNESBURG (Reuters) -Party allies, and even some rivals, of South African President Cyril Ramaphosa on Saturday condemned opponents who disrupted his opening speech with chants and shouting at a conference of the ruling ANC on Friday.
2022-12-17Party allies, and even some rivals, of South African President Cyril Ramaphosa on Saturday condemned opponents who disrupted his opening speech with chants and shouting at a conference of the ruling ANC on Friday.
2022-12-17
JOHANNESBURG (Reuters) -Protesters disrupted South African President Cyril Ramaphosa`s speech at the ruling party`s conference with a barrage of raucous songs and slogans on Friday, calling for him to quit over a scandal about a stash of cash found at his farm.
2022-12-16
South African insurer Discovery Ltd said on Tuesday it was partnering with global asset manager BlackRock Inc to launch a fund management entity, to tap in to the fast-growing multibillion-rand local discretionary fund management industry.
2022-08-23
South Africa`s Afrigen Biologics Limited said on Friday that it will collaborate with U.S. government researchers to develop mRNA vaccines and therapeutics.
2022-07-08
South African Breweries (SAB), part of Anheuser-Busch InBev, said on Tuesday it was looking at making COVID-19 vaccinations mandatory for staff across its operations, the latest company in South Africa to consider such a move.
2022-01-04Pfizer-BioNTech`s COVID-19 vaccine has been less effective in South Africa at keeping people infected with the virus out of hospital since the Omicron variant emerged last month, a real-world study published on Tuesday showed.
2021-12-14Dutch health authorities on Thursday said most of the 62 people who tested positive for COVID-19 after arriving on two flights from South Africa last week had been vaccinated, lending weight to a call for pre-flight testing regardless of vaccination status.
2021-12-02South Africa`s limited overs captain Temba Bavuma said he has full confidence in the bio-security protocols laid out by the country`s cricket board (CSA) ahead of India`s tour later this month.
2021-12-01The Omicron coronavirus variant detected in southern Africa could be the most likely candidate to displace the highly contagious Delta variant, the director of South Africa`s communicable disease institute said on Tuesday.
2021-11-30JOHANNESBURG (Reuters) -South Africa`s daily COVID-19 infection rate could triple to more than 10,000 by the end of this week as the new Omicron variant spreads rapidly, an infectious disease expert said on Monday.
2021-11-29
DURBAN, Nov 29 (Thomson Reuters Foundation) - South African tourism was just getting back on its feet when local scientists` discovery of the new Omicron coronavirus variant prompted a slew of travel curbs that threaten to bring more pandemic gloom to the country`s fragile economy.
2021-11-29
* Vaccines likely to still offer good protection (Adds section on prospect of vaccine mandates)
2021-11-29
South Africa`s rand firmed on Monday, recovering from last week`s plunge to its lowest since October 2020 on concerns around the discovery of a COVID-19 variant in the country that has been described as the most concerning.
2021-11-29
Dutch health authorities said on Sunday that 13 cases of the new Omicron coronavirus variant have been found in the Netherlands among passengers that were on two flights from South Africa that arrived on Friday.
2021-11-28WASHINGTON (Reuters) -The U.S. Centers for Disease Control and Prevention (CDC) and State Department on Saturday advised against travel to eight southern African countries after the White House announced new travel restrictions in response to a new COVID-19 variant.
2021-11-27Colombia will extend its health state of emergency until Feb. 28 due to the emergence of a new coronavirus strain in South Africa, the Andean country`s President Ivan Duque said on Saturday.
2021-11-27Soaring volatility on Wall Street on concerns over a new coronavirus variant identified in South Africa sent investors scrambling into defensive options plays on Friday and boosted the Wall Street`s most widely followed fear gauge to a more than two-month high.
2021-11-26
South African insurer Discovery scrapped its annual dividend again on Thursday and said it may have to raise equity capital to cover costs linked to its investment in China`s Ping An, sending its shares down 8%.
2021-09-02Unidentified stones that lured thousands of fortune seekers to a rural South African village to mine the land with picks and shovels were not diamonds as hoped, officials said on Sunday, but quartz stones with relatively low, if any, value.
2021-06-21More than 1,000 fortune seekers on Monday flocked to the village of KwaHlathi in South Africa`s KwaZulu-Natal province in search of what they believed to be diamonds after a discovery of unidentified stones in the area.
2021-06-15South African health inspectors will carry out further checks on a batch of Johnson & Johnson COVID-19 vaccines following a contamination error earlier this year at the U.S. plant where the doses were produced, the health ministry said.
2021-06-12Thai border controls will tighten after the discovery of three local cases of the South African COVID-19 variant stemming from illegal border crossings, authorities said on Sunday, as the country grapples to contain its worst coronavirus outbreak yet.
2021-05-23South African health insurer Discovery Ltd said on Monday it was in contact with all COVID-19 vaccine producers but cannot independently source vaccines as procurement and distribution is in the hands of the government.
2021-03-29(Adds word `administrator` in paragraph 4, changes `policyholders` to `members` in paragraph 8)
2021-03-29
South African health insurer Discovery Ltd said on Monday it was in contact with all COVID-19 vaccine producers but cannot independently source vaccines as procurement and distribution is in the hands of the government.
2021-03-29The Philippines has recorded 52 more cases of a highly contagious coronavirus variant first identified in South Africa, the health ministry said on Friday, presenting new challenges for a country battling one of Asia`s worst outbreaks.
2021-03-05The Philippines has documented six cases of the South African coronavirus variant, its health ministry said on Tuesday, raising concern among its experts that the current vaccines might be less effective.
2021-03-01
South African medical schemes may no longer need to step in to subsidise COVID-19 vaccines for the wider population after the government allocated significant funds for the vaccine rollout, executives told Reuters on Thursday.
2021-02-25
* Shares rise 4% but slip back (Recasts, adds details, comment)
2021-02-25Poland has discovered the South African variant of the coronavirus on its territory, the health minister said on Friday, as he warned that the country was entering a third wave of the pandemic.
2021-02-19South Africa has secured millions of doses of Johnson & Johnson and Pfizer Inc vaccines to fight the highly infectious COVID-19 variant that is dominant in the country, President Cyril Ramaphosa said on Thursday.
2021-02-11Spain has detected its second known case of the South African coronavirus variant, officials said on Wednesday, although data suggested a third wave of contagion that has roiled the country since December was slowing.
2021-02-03
(This Jan. 29 story is refiled to correct company name in 10th paragraph to Nu Metro, not Nu-Metro)
2021-02-03Eleven people in different regions of England have tested positive for the South African coronavirus variant without having any links to people who have travelled, prompting mass testing in the areas to contain the outbreak.
2021-02-01
South Africa`s Ster-Kinekor, Africa`s largest cinema group, has filed for voluntary bankruptcy, the firm said on Friday, citing losses due to COVID-19 and related restrictions prohibiting large gatherings in public spaces.
2021-01-30Days before coronavirus vaccinations start in South Africa, medical schemes have still not agreed how and to what extent they will contribute to the cost of inoculations for people without insurance cover, industry executives told Reuters.
2021-01-29Australia`s health officials said on Saturday they are on high alert after cases of highly transmissible new variants of the coronavirus, discovered in Britain and South Africa, have made it into the country.
2021-01-08Pfizer Inc and BioNTech`s COVID-19 vaccine appeared to work against a key mutation in the highly transmissible new variants of the coronavirus discovered in the UK and South Africa, according to a laboratory study conducted by the U.S. drugmaker.
2021-01-08Millions of South Africans will have their COVID-19 vaccinations subsidised by medical schemes that pool health insurance premiums through an agreement with the government, a top medical scheme administrator said.
2021-01-07Scientists are not fully confident that COVID-19 vaccines will work on a new variant of the coronavirus found in South Africa, ITV`s political editor said on Monday, citing an unidentified scientific adviser to the British government.
2021-01-04Two variants of the coronavirus, first found in Britain and South Africa and more transmissible than the original, are spreading across the world.
2020-12-30Japan on Monday detected a coronavirus variant found in South Africa, the government said, the first such discovery in a nation that has already identified more than a dozen cases of another variant that is spreading rapidly in Britain.
2020-12-28
South Africa`s biggest health insurer Discovery said on Thursday Barry Hore would step down as chief executive officer of Discovery Bank and would be replaced by the head of its local business, Hylton Kallner, from Jan. 1, 2021.
2020-12-10
South Africa`s Comair Ltd will require up to 1.2 billion rand ($72 million) of funding and will have to cut a fifth of its workforce to restart operations, administrators in charge of restructuring the private airline said.
2020-09-03
South Africa`s pharmaceutical giant Aspen Pharmacare Holdings Ltd said on Monday the company had sufficient local capacity to produce injections to meet any demand surge for dexamethasone.
2020-06-22
South African insurer Discovery said on Monday its full-year profits could fall by up to 90%, hit by a 3.3 billion rand ($191 million) provision to cover the potential impact on claims and policy lapses due to the coronavirus.
2020-06-15
South Africa`s cabinet on Thursday approved the merger of three state-owned oil and gas firms to form a single national oil company, as it tries to cut debt by reducing the number and increase the competitiveness of state-owned firms.
2020-06-11
South Africa`s High Court has dismissed a case from insurer Discovery against rival Liberty, who it had argued was infringing on their trademarks and competing unlawfully, Liberty said on Thursday.
2020-04-16
South African insurance company Discovery and mobile operator Vodacom are teaming up to offer a free, online doctor consultation service to all South Africans with coronavirus-related concerns.
2020-04-01
The South African rand gained on Wednesday after Finance Minister Tito Mboweni said in a budget speech that the government would cut the public sector wage bill to contain a rising budget deficit.
2020-02-26
Shares in South Africa`s Discovery rose almost 7% on Thursday, as investors who had been spooked by a profit warning this week welcomed more detail on hefty investments that have been repeatedly hurting the insurer`s bottom line.
2020-02-20
(Reuters Health) - A clinical trial testing a promising HIV vaccine in more than 5,000 people in South Africa has been halted because it failed to show a benefit, U.S. health officials said on Monday.
2020-02-03
South African lender Absa said on Monday it had appointed former central bank deputy governor Daniel Mminele as Group Chief Executive, effective Jan. 15.
2020-01-06
South Africa`s rand was flat against the dollar on Friday, struggling for direction after surprise gains in the face of a darkening growth outlook following a week of nationwide power cuts and ongoing uncertainty over U.S.-China trade talks.
2019-12-13
South Africa`s rand weakened on Monday, pressed lower by weak Chinese export data that dented risk appetite and a fifth straight day of nationwide power cuts by utility Eskom as heavy rains and flooding caused failures at multiple power plants.
2019-12-09JSE:SBK JSE:DSY JSE:CLS JSE:INP JSE:WHL JSE:TFG JSE:INL JSE:ISA
South Africa`s rand clawed back some lost ground on Wednesday with renewed optimism that China and the United States would strike a trade deal outweighing a surprise third-quarter contraction in the local economy.
2019-12-04Global reinsurers are stepping up their warnings to life insurer clients about the potential risks of vaping, putting pressure on underwriters to charge certain vapers higher rates than smokers, or even exclude them altogether.
2019-12-04
South Africa`s rand fell sharply on Tuesday after third quarter economic growth showed a surprise contraction, underlying the weak state of the economy and growing risk of credit downgrades.
2019-12-03
South Africa`s national oil company PetroSA and Russia`s state geological company Rosgeologia are in talks to finalize a $359 million farmout deal to give Russia its first foothold in a prospective oil and gas field offshore South Africa, three sources said.
2019-11-05
Discovery is targeting 500,000 insurance clients in South Africa to take regular surveys on their mental health in an extension of a program which rewards "good" behaviors.
2019-10-02
South Africa`s rand steadied on Wednesday as fears of an oil price spike eased and investors waited for a U.S. Federal Reserve interest-rate decision.
2019-09-18
South Africa`s national oil company, PetroSA, expects its flagship Mossel Bay gas-to-liquid (GTL) refinery to run out of domestic supplies by the end of next year, a presentation to parliament showed on Tuesday.
2019-09-10
South African insurer Discovery on Wednesday reported a 12% drop in full-year profit as it ploughed money into new businesses and was hurt by an ailing economy at home market.
2019-09-04
South African insurer Discovery said on Friday it expected its normalised profits to fall by between 5% and 10% for the full-year, after ploughing around 20% of its earnings into new business lines.
2019-08-30When Royal Dutch Shell wanted to buy a stake last year in a promising exploration block off South Africa, Total, the asset`s main shareholder, used its right to stymie the deal and acquired the share itself, only to sell it on to Qatar Petroleum.
2019-08-29
