R230m - eriinfo

Parly comms chair questions Dell’s R230m EEIP deal

eriinfo.com2 weeks ago07 mins

Khusela Sangoni-Diko, chairperson of the Portfolio Committee on Communications and Digital Technologies. (Photograph by Lesley Moyo) Khusela Sangoni-Diko, chairperson of the Portfolio Committee on Communications and Digital Technologies, has written to communications and digital technologies minister Solly Malatsi, seeking detailed clarity on the recommendation to approve Dell Technologies’ Equity Equivalent Investment Programme (EEIP) renewal for…

Discovery Bank turns R145m loss into R230m profit

eriinfo.com3 weeks ago04 mins

Discovery Bank was launched in 2019 as SA’s first fully digital, wellness‑linked bank, part of the Discovery Limited ecosystem. Discovery Bank is accelerating client acquisition in South Africa, as it deepens its footprint in an increasingly competitive retail banking market. This emerged when parent company insurer Discovery yesterday published its operational update and trading statement…