Is Sanlam too late to the bank party?
There are real risks to entering the market nearly eight years after Discovery
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There are real risks to entering the market nearly eight years after Discovery
New products from other verticals are being launched into the bank app (and nowhere else).
When Discovery discovered its processing mistake, it emailed members to inform them of their debt, which is estimated to be R20 000 on average.
Of course members ought to have paid, but the administrator needs to take some pain too.
An error on Discovery’s systems affected the way that certain prescription and over-the-counter medicines were processed in 2025.
Neville Koopowitz received a fixed salary of £1.1 million per year, approximately R25.4 million.