Treasury intervention lays bare concentrated municipal debt
Just 10 of the 69 affected municipalities account for more than R21.6bn in arrears to utilities, retirement funds, SARS and other creditors.
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RAF board may ditch costly court fight over accounting standards
The Road Accident Fund board is taking steps to address deep-rooted governance and financial issues – from executive suspensions to tightening legal oversight – but Parliament is questioning whether it’s too little, too late.
Investigation into ‘fruitless and wasteful expenditure’ continues as RAF bleeds another R1.6 billion
The investigation into the Road Accident Fund has uncovered a significant rise in default judgments, accumulating to R4.7 billion from 2018 through the second quarter of 2023.
