The cost of a new building, the launch of a commercial bank and other initiatives left a dent in company’s bottom line
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Discovery’s spending spree eats into profitThe spending spree on its new building, the launch of a commercial bank and other new business initiatives left a dent in Discovery’s bottom line in the six months to end-December 2018
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R23m monthly rent for Discovery's Sandton headquarters sparks outrageA 15-year lease arrangement between Discovery and property groups Growthpoint and Zenprop sees the insurer fork out R23m per month in rent for its Sandton headquarters.
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Council for Medical Schemes probed over deal with DiscoveryIndustry insiders are questioning the decision of the Council for Medical Schemes (CMS) to allow Discovery to offer medical aid products under its life assurance business.
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R23m monthly rent for Discovery's Sandton headquarters sparks outrageA 15-year lease arrangement between Discovery and property groups Growthpoint and Zenprop sees the insurer fork out R23m per month in rent.
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