
South African mogul Adrian Gore’s Discovery Bank hits 1 million customers two years after launch
Discovery Bank is a subsidiary of Discovery Group, a South African financial services conglomerate.
Discovery Bank is a subsidiary of Discovery Group, a South African financial services conglomerate.
Gore owns a sizable 7.48-percent stake in the Sandton-based company.
Gore owns a 7.47-percent stake in the South African financial services conglomerate.
Gore, who launched the financial services organization in 1992, controls a 7.48-percent stake in the group.
Earlier, the founders sold off close to $4.86 million of their shares in the diversified multinational financial service group.
His partner Barry Swartzberg joined him in selling off a huge chunk of shares.
More than 13 million people need to be vaccinated during the second phase of the vaccination roll-out in South Africa.