Many young white people are encouraged by their parents to just “move on” with the business of the future, writes Adriaan Basson.
In the six months following its launch, Discovery Bank attracted 78 000 customers, with a collective 180 000 active accounts. However, with a target of opening at least 500 000 active accounts, Discovery Bank still has a long way to go, and analysts say its pace has been slow.
Discovery Group CEO Adrian Gore says its three health businesses have made progress, and there are major growth opportunities for health insurance.
President Cyril Ramaphosa on Thursday launched a R1.4bn small business fund aimed driving the growth of small black-owned enterprises.
Discovery Bank hits the market this week with 50 000 people who have signed up requesting to become customers.
Discovery's accelerated bookbuild offering was over-subscribed, as the health insurer and financial services provider raised R1.85bn.
Discovery anticipates launching its banking offering during 2018, it said at the announcement of its annual financial results for the period ended June 30 2017.
Innovation, impact, job creation and the ability to overcome obstacles are the reasons why these 10 men and women are South Africa’s greatest business leaders in history.
Discovery reported strong performance, despite economic headwinds in the UK.
Business leaders should stand up for what is wrong and work collectively despite the threats, says Discovery CEO Adrian Gore.
Discovery's Adrian Gore says existing businesses performed well and headline earnings per share were up 1% in the group's financial year to end-June.
Discovery spent R1bn on new initiatives in the six months alone.
Discovery launched the tech-led bank in November 2018. Groepe will work alongside the bank's CEO Barry Hore.
Capitec shook up South Africa’s staid and conservative banking culture with the revolutionary premise that banks existed primarily to serve their customers, not their shareholders.
Trade Union Solidarity says Discovery has rejected its plea to reconsider its 10% share allocation to black people, in the new bank launched by the health and financial services giant this month.
Business leaders were upbeat about SA's prospects at the Discovery Leadership Summit on Thursday, provided the country's leadership could make some 'tough decisions'.
Discovery has been recognised by nonprofit consulting firm FSG’s Share Value Initiative as a leader in creating shared value in the insurance industry.
Discovery’s CEO Adrian Gore speaks to Fin24 about the company's interim results, as well as perspectives on global business opportunities.
The failure rate of start-ups in SA is too high and mentorship could be what is needed, according to Adrian Gore, founder and CEO of the Discovery Group.
Discovery's Adrian Gore says the group plans to make the most of the opportunity of healthcare reform in China.
The private sector has set aside R1.5bn to help small and medium enterprises survive the tough economic climate.
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