RAF faces surge of almost 160 000 claims after SCA ruling
The revived RAF 1 Form claims could create billions of rands in additional liability, with the Fund’s first-quarter average payment illustrating the potential scale of the exposure.
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RAF moves to curb default judgments as legal reforms gather pace
The RAF has emerged from years of adverse audits with an unqualified opinion, while the government is reworking the Fund’s funding model as part of the revived RABS Bill.
RAF pays R8.9bn in quarter, but payment queue grows
From loss of earnings to plaintiff attorneys, the quarter’s figures offer a closer look at where the RAF’s money is going.
SCOPA presses former RAF CEO for firm commitment to appear before inquiry
SCOPA has issued a final call for former Road Accident Fund CEO Collins Letsoalo to confirm his attendance at its oversight inquiry, warning that a subpoena may follow if he fails to commit.
Government revives rejected Bill to fix Road Accident Fund
Transport Ministry abandons RAF Amendment Bill and plans to re-introduce the equally controversial Road Accident Benefit Scheme Bill.
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.
