Discovery: Jews, RACISTS: B-BBEE

Joods – Jews – So hardloop elkeen aan agter die swart bemagtiging van die Regering en hul wetgewings, maar hulle hoef nie, maar tog bou hul voort daarop om BLANKE Afrikaners en Boere te onderskat.   Hoekom net swartes bevoordeel?  Kyk watse salarisse kry hulle.
(Front National)  :  The CEO of the Discovery Group, Adrian Gore, announced a new scheme yesterday. Investors who deposit money into the new Discovery Bank will receive shares in the bank – but only if they are black.  
“The intention is that when black depositors join the bank, they will be given a share of the equity based on certain parameters… That will then enable them to own a share of the bank,” he said.


KING DAVID SCHOOLS

About the Foundation

About Us

Jewish Education is the Lifeblood of Jewish Survival” Gilda Meir, former Israeli Prime Minister

The King David Schools’ Foundation is the fundraising arm of King David Schools. It was established in 1994 under the auspices of the South African Board of Jewish Education (SABJE) and initially aimed to provide scholarships and bursaries for deserving learners. However, the significant changes in education in South Africa, coupled with the need to imbue our children with strong Jewish values has convinced more and more Jewish parents to consider the King David option, whether or not they can afford it.

Today, King David Schools educate over 3300 learners on 5 campuses. Each campus houses schools which require ongoing development and advancement in order to maintain the highest standards of excellence, synonymous with the name King David.

As community schools, we make provisions to assist Jewish learners whose parents cannot afford the fees. Currently, just under 10% of paid school fees are allocated to the subsidy fund that affords over 500 children the opportunity to attend our schools. However, we cannot rely solely on tuition fees from full-paying parents to fund our subsidy programme, educational advancement and infrastructure improvement.

King David Schools must therefore secure ongoing financial independence and sustainability – the objective that the King David Schools’ Foundation strives to achieve though our Endowment Fund

Trustees

King David School
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DISCOVERY
Discovery bank – Video : B-BBEE

Bank: Gore Video

He launched Discovery in 1992, with a simple and core purpose of making people healthier and enhancing and protecting their lives. Discovery has since evolved into a diversified and multinational financial services group. Discovery is widely acknowledged as a global thought leader in wellness behavioural change and its integration with health, life and short-term insurance.

Discovery listed on the JSE in 1997, and under Adrian’s leadership, has expanded its international reach to the United Kingdom, United States and China. Discovery generates total income flows in excess of R50 billion and has over 8 000 employees globally serving six million customers world-wide.

Adrian graduated from Wits University in 1986. He is a Fellow of the Actuarial Society of South Africa, a Fellow of the Faculty of Actuaries (Edinburgh), an Associate of the Society of Actuaries (Chicago), and a member of the American Academy of Actuaries. In 1998, Adrian was recognised as South Africa’s Best Entrepreneur by Ernst & Young, and in 2004 was chosen as South Africa’s leading CEO in the annual MoneyWeb CEO’s CEO of the Year Awards. In 2008 he received the Investec Award for Considerable Contribution in a Career/Profession, and in 2010, was named as the Sunday Times Business Leader of the Year.

Adrian chairs the South African chapter of Endeavor – a global non-profit organisation that identifies and assists high-growth entrepreneurs.  Adrian sits on the World Economic Forum Global Health Advisory Board, which is committed to improving global healthcare and on the Massachusetts General Hospital Global Health Advisory Board, whose mandate is to enhance care for the world’s most vulnerable populations, as well as to educate and prepare the next generation of health leaders and educators.

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Adrian Gore Discovery – swart bemagtiging

Adrian Gore is the founder and chief executive officer of the Discovery Group. He launched Discovery in South Africa in 1992, with a simple and core purpose of making people healthier and enhancing and protecting their lives. Discovery has since evolved into a diversified and multinational financial services group. Discovery is widely acknowledged as a global thought leader in wellness behavioural change and its integration with health, life and short-term insurance.

Discovery listed on the Johannesburg Stock Exchange in 1997, and under Adrian’s leadership, has expanded its international reach to the United Kingdom, United States, China, Europe and Asia Pacific. Discovery generates total income flows in excess of $7 billion and has over 10 000 employees globally serving five million customers world-wide.

Adrian graduated from Wits University in 1986. He is a fellow of the Actuarial Society of South Africa, a fellow of the Faculty of Actuaries (Edinburgh), an associate of the Society of Actuaries (Chicago), and a member of the American Academy of Actuaries. In 1998, Adrian was recognised as South Africa’s Best Entrepreneur by Ernst & Young, and in 2004 was chosen as South Africa’s leading CEO in the annual Moneyweb CEO’s CEO of the Year Awards. In 2008 he received the Investec Award for Considerable Contribution in a Career/Profession, and in 2010, was named the Sunday Times Business Leader of the Year. In 2015 Adrian was the recipient of the McKinsey Geneva Forum of Health Award. At the 2016 All Africa Business Leaders Awards (AABLATM) in partnership with CNBC Africa, Adrian was honoured as the Business Leader of the Year. On behalf of Discovery he also accepted the Company of the Year award, recognising the group’s continuing commitment to excellence and outstanding business values that have impacted business on the continent.

Adrian chairs the South African chapter of Endeavor – a global non-profit organisation that identifies and assists high-growth entrepreneurs. He sits on the World Economic Forum Industry Agenda Council on Future Health, which is committed to improving global healthcare. In addition, Adrian sits on the Columbia University Mailman School of Public Health Board of Overseers, the World Health Organisation Commission to end Childhood Obesity, and on the Massachusetts General Hospital Global Health Advisory Board, whose mandate is to enhance care for the world’s most vulnerable populations, as well as to educate and prepare the next generation of health leaders and educators. Adrian has recently been invited to sit on the Brookings Institute’s International Advisory Council.

Adrian Gore, together with the ex-CEO of Bidvest Group, Brian Joffe, were tasked by the then Finance Minister Pravin Gordhan to coordinate efforts to set up a SME Fund to stimulate entrepreneurship in SA. The SA SME Fund has launched with an initial R1.4bn of private sector funding.
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SALARIES

Insurance and finance group Discovery has published its integrated annual report for 2018, revealing what its top executives got paid for the year.

Group CEO, Adrian Gore, was rewarded with a total package of R19.8 million, including a R6.6 million basic salary, a bonus of R7.8 million, long-term incentives of R4.1 million and other benefits of R1 million and R313,000.

Gore’s incentives were largely based on the handling of Discovery Bank, which is set to launch as South Africa’s next big full service bank in the coming months. He also saw that the group hit its growth targets and ran a profitable business, Discovery said.

Group financial director, Deon Viljoen earned a R10.2 million total package, while CEO of Discovery Life Hylton Kallner was the highest-paid exec with a total package of R29.2 million.

Kallner’s huge payday was due to a R17.6 million LTI payout, which was as a result of the vesting of a three-year LTI scheme.

CEO of Discovery Health, Jonathan Broomberg, took home a package of R12.1 million, while CEO of Discovery Invest, Kenny Rabson, was paid R13.7 million.

Overall, Discovery paid R138.6 million to its executives in South Africa, R84 million to its executives in the UK (GBP4,532,404), and R14 million to its director in the US (USD983,762).

Non-executive directors were paid a total of R17.4 million for the year, equating to an average of R1.6 million per person. Finance minister Tito Mboweni, who was appointed to the Discovery board in 2013, earned R1.3 million.

Discovery published its financial results for the year ended June 2018 in September, reporting a normalised operating profit of R8.3 billion for the period, up 17%.

Headline earnings were up 16% to R5.4 billion, while cash from in-force business was at R10.6 billion.

According to Gore, the core focus of the year was building the group’s Discovery Bank, which gained its key licences from governing bodies, and reached various agreements regarding the bank’s shareholding.

The group said that it is on track to launch the bank to market.

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