[TOP STORY] Discovery Bank hits profitability milestone, grows client base by 32%

Loading player...
‘As we've broken into profitability, the cost-to-income ratio effectively drops below 100% and is dropping or decreasing very, very rapidly as we add scale to the platform,’: Hylton Kallner, CEO, Discovery Bank.
5 Mar 2025 2AM English South Africa Business News · Business

Other recent episodes

China: A beacon of opportunity amid global uncertainty?

Almost three weeks into the Iranian war, what’s the impact on global equity markets? Anchor’s Reko Nare unpacks the pressure points, with emerging markets taking more pain than developed peers. Tian Pan from Prescient China outlines the investment case for China – and what sets their new PANDA actively managed…
18 Mar 1AM 19 min

[TOP STORY] GDP limited as a measure of SA’s economic health

‘If we're underestimating our booms, it means people are going to put less money into the economy than they actually should. … [If] investment is down, GDP is down’ – Helenya Fourie, senior economist at the Bureau for Economic Research.
17 Mar 2AM 5 min

Market brushes off Optasia’s strong results

Independent analyst Jimmy Moyaha unpacks Optasia’s results as the stock trades below its 1900c IPO price. Helanya Fourie from Bureau Economic Research explains why GDP is no longer enough – and why we need a faster, more responsive alternative. Plus, Jono Bowling from Standard Bank Group breaks down the auto…
17 Mar 1AM 20 min