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Discovery

Discovery is a South African financial services group that operates in the health insurance, life assurance, short-term insurance, savings and investment sectors. The company is headquartered in Sandton, Johannesburg, and maintains operations across South Africa, the United Kingdom, the United States, China and Singapore. Discovery is listed on the Johannesburg Stock Exchange and is a constituent of the JSE Top 40 index. The group is best known for its flagship product, Discovery Health Medical Scheme, and its Vitality wellness programme, which incentivises healthy behaviour through rewards and discounts. Discovery's business model integrates actuarial science, behavioural economics and data analytics to encourage policyholders to adopt healthier lifestyles, thereby reducing claims and improving profitability. The company also operates Discovery Life, Discovery Insure and Discovery Invest, serving millions of clients across multiple markets. Discovery has expanded internationally through partnerships and acquisitions, including Vitality Group in the US and Ping An Health Insurance in China. The group employs several thousand people and reported annual revenue exceeding R50-billion in recent financial years. Discovery was founded in 1992 by Adrian Gore, who remains the chief executive, and has grown to become one of South Africa's most innovative and internationally recognised financial services brands.

Discovery Updates


Nolitha Fakude
Busa names Nolitha Fakude VP
20th May 2026 By: Lumkile Nkomfe

Industry body Business Unity South Africa (Busa) has announced the appointment of Nolitha Fakude as its new VP following the resignation of former VP Adrian Gore, who was recently appointed... 


Data in action – what South Africa can learn from integrated ecosystems
Data in action – what South Africa can learn from integrated ecosystems
19th May 2026

By: Ntsako Baloyi - Data & AI lead and Varaidzo Mureriwa, Managing Director within the Health & Public Service business at Accenture, South Africa Across South Africa, many citizens are already... 


Maropeng Bahula, GM: bulk gases and supply chain at Air Products
Maropeng Bahula
17th April 2026 By: Creamer Media Reporter

This week we profile Maropeng Bahula, GM: bulk gases and supply chain at Air Products, an industrial and specialty gases company 


An image of Alison Collier
Endeavor South Africa closes Harvest Fund III to drive growth in African scale-ups
7th April 2026 By: Lumkile Nkomfe

Entreprenuerial support organisation Endeavor South Africa has announced the close of Harvest Fund III at R230-million.  Harvest Fund III reached its final close following a first close of... 


Discovery Green CEO Andre Nepgen
Discovery Green sees trader‑led wheeling becoming dominant commercial model in 2026
10th February 2026 By: Terence Creamer

The head of Discovery Green, the renewable-energy trading unit of JSE-listed Discovery, is forecasting that trader‑led wheeling will become the dominant commercial model in the South African... 


Discovery's head office 1 Discovery Place
Growthpoint sells shares in Discovery head office as it rebalances its portfolio
6th February 2026 By: Schalk Burger

JSE-listed real estate investment trust Growthpoint Properties will sell its 55% share in the 50 466 m² Discovery Phase 1 building to financial services firm Discovery for R2.31-billion. The... 


Clement Kgatla, responsible pharmacist at Bidvest International Logistics
Clement Kgatla
6th February 2026 By: Creamer Media Reporter

This week we profile Clement Kgatla, responsible pharmacist at Bidvest International Logistics, which is involved in the warehousing and distribution of various commodities, including pharmaceuticals 


Experts unpack pertinent grid constraint issues
Experts unpack pertinent grid constraint issues
3rd February 2026 By: Tasneem Bulbulia

South Africa’s electricity transmission grid constraints pose challenges such as delaying projects and hampering electricity investment; however, the impact of this is fully understood by... 


A2X CEO Kevin Brady
OUTsurance approved for secondary listing on A2X
7th January 2026 By: Darren Parker

JSE-listed insurance company OUTsurance has been approved for a secondary listing on A2X Markets. OUTsurance shares will be available for trade on A2X from January 14. "For the past 28 years,... 


An image of Dan Ginsberg
Company advances flagship renewables build
12th December 2025 By: Lumkile Nkomfe

Licensed electricity trader Discovery Green, the energy platform of the Discovery Group, continues to advance two of South Africa’s largest private-sector renewable-energy developments, marking a... 


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